皇冠体育-皇冠体育斯将全额赎回2025年到期的5.75%优先债券

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皇冠体育——（皇冠体育官网商业资讯）——CLEVELAND- cliffs Inc.（纽约证券交易所代码：CLF）今天宣布，该公司计划赎回2025年3月到期的3.96亿美元未偿还5.75%高级无担保担保票据的总本金。根据票据条款和管理票据的契约，公司预计向票据持有人支付的总金额（包括赎回溢价）约为4.07亿美元，加上预计在2021年6月30日或之前到期的应计和未付利息。票据将用可用的流动资金赎回。

Cliffs董事长、总裁兼首席执行官Lourenco Goncalves表示：“我们的业务继续产生稳定而强劲的现金流，我们预计这一趋势将在可预见的未来持续下去。有了这些，我们就不必再等待加快去杠杆化计划了。在这些票据到期日之前将近四年，利用可用流动性赎回这些票据，是我们实现零净债务目标的第一步。未来，去杠杆化仍将是我们的首要任务。”

本新闻稿仅供参考，既不是要约购买也不是招揽出售任何票据。前述内容不构成票据契约项下的赎回通知，并由将分发给票据持有人的赎回通知完整限定。规定赎回程序的赎回通知将由存管信托公司提供给票据的登记持有人。

关于皇冠体育-皇冠体育斯公司

皇冠体育-克利夫斯是北美最大的扁钢生产商。皇冠体育斯成立于1847年，是一家矿山运营商，也是北美最大的铁矿石球团制造商。公司从开采原材料、直接还原铁到初级炼钢及下游精加工、冲压、工装、管材的垂直一体化。由于提供全面的扁钢产品，该公司服务于各种市场，是北美汽车行业最大的钢铁供应商。皇冠体育-克利夫斯总部位于俄亥俄州皇冠体育，在皇冠体育官网和加拿大拥有约25,000名员工，从事采矿，钢铁和下游制造业务。欲了解更多信息，请访问www.shxigumohe.com。

前瞻性陈述

This release contains statements that constitute "forward-looking statements" within the meaning of the federal securities laws. All statements other than historical facts, including, without limitation, statements regarding our current expectations, estimates and projections about our industry or our businesses, are forward-looking statements. We caution investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Investors are cautioned not to place undue reliance on forward-looking statements. Among the risks and uncertainties that could cause actual results to differ from those described in forward-looking statements are the following: disruptions to our operations relating to the COVID-19 pandemic, including the heightened risk that a significant portion of our workforce or on-site contractors may suffer illness or otherwise be unable to perform their ordinary work functions; continued volatility of steel and iron ore market prices, which directly and indirectly impact the prices of the products that we sell to our customers; uncertainties associated with the highly competitive and cyclical steel industry and our reliance on the demand for steel from the automotive industry, which has been experiencing a trend toward light weighting that could result in lower steel volumes being consumed; potential weaknesses and uncertainties in global economic conditions, excess global steelmaking capacity, oversupply of iron ore, prevalence of steel imports and reduced market demand, including as a result of the COVID-19 pandemic; severe financial hardship, bankruptcy, temporary or permanent shutdowns or operational challenges, due to the COVID-19 pandemic or otherwise, of one or more of our major customers, including customers in the automotive market, key suppliers or contractors, which, among other adverse effects, could lead to reduced demand for our products, increased difficulty collecting receivables, and customers and/or suppliers asserting force majeure or other reasons for not performing their contractual obligations to us; our ability to return capital to shareholders within the expected timeframe or at all, depending on market and other conditions; risks related to U.S. government actions with respect to Section 232 of the Trade Expansion Act (as amended by the Trade Act of 1974), the United States-Mexico-Canada Agreement and/or other trade agreements, tariffs, treaties or policies, as well as the uncertainty of obtaining and maintaining effective antidumping and countervailing duty orders to counteract the harmful effects of unfairly traded imports; impacts of existing and increasing governmental regulation, including climate change and other environmental regulation that may be proposed under the Biden Administration, and related costs and liabilities, including failure to receive or maintain required operating and environmental permits, approvals, modifications or other authorizations of, or from, any governmental or regulatory authority and costs related to implementing improvements to ensure compliance with regulatory changes, including potential financial assurance requirements; potential impacts to the environment or exposure to hazardous substances resulting from our operations; our ability to maintain adequate liquidity, our level of indebtedness and the availability of capital could limit cash flow necessary to fund working capital, planned capital expenditures, acquisitions, and other general corporate purposes or ongoing needs of our business; adverse changes in credit ratings, interest rates, foreign currency rates and tax laws; limitations on our ability to realize some or all of our deferred tax assets or net operating loss carryforwards; our ability to realize the anticipated synergies and benefits of our acquisitions of AK Steel and ArcelorMittal USA and to successfully integrate the businesses of AK Steel and ArcelorMittal USA into our existing businesses, including uncertainties associated with maintaining relationships with customers, vendors and employees; additional debt we assumed, incurred or issued in connection with the acquisitions of AK Steel and ArcelorMittal USA, as well as additional debt we incurred in connection with enhancing our liquidity during the COVID-19 pandemic, may negatively impact our credit profile and limit our financial flexibility; known and unknown liabilities we assumed in connection with the acquisitions of AK Steel and ArcelorMittal USA, including significant environmental, pension and other postretirement benefits (“OPEB”) obligations; the ability of our customers, joint venture partners and third-party service providers to meet their obligations to us on a timely basis or at all; supply chain disruptions or changes in the cost or quality of energy sources or critical raw materials and supplies, including iron ore, industrial gases, graphite electrodes, scrap, chrome, zinc, coke and coal; liabilities and costs arising in connection with any business decisions to temporarily idle or permanently close a mine or production facility, which could adversely impact the carrying value of associated assets and give rise to impairment charges or closure and reclamation obligations, as well as uncertainties associated with restarting any previously idled mine or production facility; problems or disruptions associated with transporting products to our customers, moving products internally among our facilities or suppliers transporting raw materials to us; uncertainties associated with natural or human-caused disasters, adverse weather conditions, unanticipated geological conditions, critical equipment failures, infectious disease outbreaks, tailings dam failures and other unexpected events; our level of self-insurance and our ability to obtain sufficient third-party insurance to adequately cover potential adverse events and business risks; disruptions in, or failures of, our information technology systems, including those related to cybersecurity; our ability to successfully identify and consummate any strategic investments or development projects, cost-effectively achieve planned production rates or levels, and diversify our product mix and add new customers; our actual economic iron ore and coal reserves or reductions in current mineral estimates, including whether we are able to replace depleted reserves with additional mineral bodies to support the long-term viability of our operations; the outcome of any contractual disputes with our customers, joint venture partners, lessors, or significant energy, raw material or service providers, or any other litigation or arbitration; our ability to maintain our social license to operate with our stakeholders, including by fostering a strong reputation and consistent operational and safety track record; our ability to maintain satisfactory labor relations with unions and employees; availability of workers to fill critical operational positions and potential labor shortages caused by the COVID-19 pandemic, as well as our ability to attract, hire, develop and retain key personnel, including within the acquired AK Steel and ArcelorMittal USA businesses; unanticipated or higher costs associated with pension and OPEB obligations resulting from changes in the value of plan assets or contribution increases required for unfunded obligations; and potential significant deficiencies or material weaknesses in our internal control over financial reporting.

有关影响Cliffs业务的其他因素，请参阅第I部分第1A项。截至2020年12月31日的年度10-K表年度报告中的风险因素，以及向皇冠体育官网证券交易委员会提交的其他文件。

媒体联系人：Patricia Persico主任，全球通讯（216）694-5316

投资者联系人：Paul Finan副总裁，投资者关系（216）694-6544

资料来源：Cleveland-Cliffs Inc。

2021年5月27日上映