Cases & Deals

Cleveland-Cliffs issues $316.25 million of Convertible Senior Notes

Client(s) Cleveland-Cliffs Inc.

Jones Day represented Cleveland-Cliffs Inc., a leading mining and natural resources company in the United States, in connection with its public offering of $316.25 million aggregate principal amount of 1.50% Convertible Senior Notes due 2025, which includes an over-allotment option of up to $41.25 million aggregate principal amount of convertible notes that the underwriters exercised in full.