Cleveland-Cliffs Announces Proposed Offering of 75M Common Shares

Wednesday, Oct 29, 2025 4:27 pm ET1min read
CLF--

Cleveland-Cliffs Inc. is offering 75 million common shares in a public offering, with net proceeds to repay borrowings and for general corporate purposes. UBS Securities LLC is the underwriter. The company plans to use the proceeds to repay borrowings under its asset-based credit facility.

Cleveland-Cliffs Announces Proposed Offering of 75M Common Shares

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