Cleveland-Cliffs宣布按票面价值发行的优先无担保票据定价，2029年到期的5亿美元4.625%票据和2031年到期的5亿美元4.875%票据

下载PDF格式

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，该公司已对2029年到期的5亿美元优先无担保担保票据（以下简称“2029票据”）和2031年到期的5亿美元优先无担保担保票据（以下简称“2031票据”和“2029票据”）的总本金进行定价，此次发行不受《1933年证券法》（以下简称“证券法”）的注册要求的约束。2029年债券的年利率为4.625%，发行价格为面值的100%。2031年债券的年利率为4.875%，发行价格为面值的100%。这些票据将由公司重要的直接和间接全资拥有的国内子公司（某些被排除在外的子公司除外）在高级无担保基础上进行担保。预计近2月17日,2021年,惯例成交条件的满足。

公司打算将发行票据的净收益用于(i)赎回所有2024年到期的4.875%高级担保票据和2025年到期的6.375%高级担保票据，以及皇冠体育-皇冠体育斯钢铁公司（f/k/a AK Steel Corporation）发行的某些票据，包括2021年到期的7.625%高级票据，2023年到期的7.50%高级票据和2025年到期的6.375%高级票据，以及（ii）减少公司现有基于资产的循环信贷额度下的借款。本新闻稿不构成关于此处列出的任何票据的赎回通知。

本新闻稿不构成出售或征求购买任何证券的要约。根据《证券法》第144A条规定的注册豁免，这些票据和相关担保仅提供给合格的机构买家，并且在皇冠体育官网境外提供给非皇冠体育官网。依赖《证券法》第S条规定的注册豁免的人。票据和相关担保未根据《证券法》或任何州或其他司法管辖区的证券法进行注册，未经注册或《证券法》和适用的州证券法或蓝天法和外国证券法的适用豁免，不得在皇冠体育官网提供或出售。

关于皇冠体育-皇冠体育斯公司

皇冠体育斯是北美最大的扁钢生产商。我们成立于1847年，是一家矿山运营商，也是北美最大的铁矿石球团供应商。2020年，我们收购了两家主要钢铁制造商，AK钢铁公司和安赛乐米塔尔皇冠体育官网公司，将我们的传统铁矿石业务与以质量为重点的钢铁生产和重点放在汽车终端市场上进行垂直整合。我们完全集成的产品组合包括定制球团和直接还原铁；碳钢、不锈钢、电工、板、锡、长钢制品；以及碳素和不锈钢管，冷热冲压和工装。总部位于俄亥俄州皇冠体育，我们在皇冠体育官网和加拿大的采矿，钢铁和下游制造业务中拥有约25,000名员工。

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 the expected benefits of the Offering, and 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: the finalization of our financial statements as of and for the fourth quarter and year ended December 31, 2020, which may differ from our expectations and preliminary estimated financial information; 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 lightweighting 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; 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 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 acquisition 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 acquisition 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, 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 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, 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2019年12月31日的年度10-K表年度报告的风险因素，截至2020年3月31日和2020年9月30日的季度10-Q表季度报告以及向皇冠体育官网证券交易委员会提交的其他文件。

我们敦促您仔细考虑这些风险因素。

媒体联系人：Patricia Persico董事，企业传播（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2月9日上映