CLEVELAND-CLIFFS INC .•200广场•套件3300•皇冠体育,哦,44114 - 2544年的新闻发布会上CLEVELAND-CLIFFS宣布收购要约对任何和所有的6.750%高级担保指出由于2026皇冠体育- 3月4日,2024 - CLEVELAND-CLIFFS INC . (NYSE: CLF)今天宣布收购要约购买的毕业典礼(“要约”),受特定的条款和条件,任何和所有的优秀高级担保6.750%指出2026年到期(“笔记”),下面的价格制定。收购要约定于纽约时间2024年3月13日下午5点到期（“到期时间”），除非公司延长或提前终止。投标要约是根据日期为2024年3月4日的购买要约和相关的保证交付通知（统称为“投标要约材料”）发出的，其中对投标要约的条款和条件进行了更详细的描述。债券持有人在就要约作出任何决定前，应仔细阅读要约材料。下表列出了收购要约的某些条款：证券名称CUSIP编号和ISIN本金金额未偿还的收购要约对价(1)(2)2026年到期的6.750%高级担保票据144A: $828,927,000 $1,018.00 CUSIP: 185899AG6 ISIN: US185899AG62 REG: CUSIP: U1852LAF4 ISIN：USU1852LAF41(1)不包括截至但不包括结算日（定义见下文）的应计利息和未付利息，这些利息将在收购要约对价（定义见下文）之外支付。(2)每1,000美元有效投标和接受的票据本金金额。根据投标要约的条款和条件，在到期日之前有效投标且随后未有效撤回其票据，或交付正确填写并正式签署的保证交付通知的票据持有人，将有资格获得上表中规定的每1,000美元票据本金的投标报价对价（“投标报价对价”）。展览99.3
2 .公司将在到期时间（“结算日”）之后立即购买任何在到期时间之前有效投标且未有效撤回的票据，前提是满足或放弃投标要约的所有条件。公司将在结算日购买任何已在到期日之前交付正确填写并正式签署的保证交付通知的票据（如果此类票据未在到期日之前交付），但须满足或放弃投标要约的所有条件。目前预计交割日期为2024年3月18日，前提是收购要约的所有条件都已满足或放弃。接受购买票据的持有人还将收到截至但不包括结算日的应计和未付利息。为免生疑问，投标报价中接受的所有票据的应计利息将在结算日停止产生，包括投标报价材料中规定的保证交付程序所提供的票据。公司根据要约接受购买并支付要约对价以及已投标票据的应计利息和未付利息的义务不受任何最低投标条件的约束，但受要约材料中所述某些条件的满足或放弃的约束。包括根据公司可接受的条款和条件（“融资条件”）自行决定完成一项或多项总本金金额至少为7.5亿美元的债务融资交易。投标要约可以修改、延长、终止或撤回。在要约要约开始的同时，公司将发出有条件通知，以赎回全部未偿还债券（在根据要约要约对债券进行任何购买后），赎回价格为本金的101.688%，加上应计和未付利息，但不包括赎回日期（预计为2024年4月3日），根据债券契约条款。票据的赎回受融资条件的约束，但不以完成要约收购或投标任何指定金额的票据为条件。本公告中的任何内容都不应被解释为关于票据的赎回通知，因为任何赎回将根据根据适用于票据的契约的赎回通知进行。公司目前打算在完成要约收购后赎回任何未偿还的票据。本意向书不构成适用于票据的契约下的赎回通知。本公司已聘请Wells Fargo Securities， LLC担任本次收购要约的经销商经理。全球债券持有人服务公司已被保留为投标报价的信息代理和保管人。有关要约收购的问题可直接联系富国银行证券有限责任公司，地址：北卡罗莱纳州夏洛特市南特伦街550号5楼，邮编：28202，收件人：责任管理组，（866）309-6316（免费电话），（704）4104759（收费），或发送电子邮件至liabilitymanagement@wellsfargo.com。投标要约材料可通过致电全球债券持有人服务公司（855）654-2014（免费电话）或（212）430-3774（银行和经纪人收费）或访问https://www.gbsc-usa.com/clevelandcliffs/获取。本公司仅根据投标报价材料的条款作出投标报价。公司、经销商经理、信息代理、票据受托人或存托人均未就票据持有人是否投标提出任何建议
CLEVELAND-CLIFFS INC. • 200 PUBLIC SQUARE • SUITE 3300 • CLEVELAND, OH 44114-2544 3 from tendering their Notes. Holders of the Notes must make their own decision as to whether to tender Notes and, if so, the principal amount of the Notes to tender. The Tender Offer is not being made to holders of the Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offer to be made by a licensed broker or dealer, the Tender Offer will be deemed to be made on behalf of the Company by the Dealer Manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. This news release does not constitute an offer to purchase securities or a solicitation of an offer to sell any securities or an offer to sell or the solicitation of an offer to purchase any securities nor does it constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is unlawful. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 28,000 people across its operations in the United States and Canada. Forward-Looking Statements 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: continued volatility of steel, iron ore and scrap metal 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; potential weaknesses and uncertainties in global economic conditions, excess global steelmaking capacity, oversupply of iron ore, prevalence of steel imports and reduced market demand; severe financial hardship, bankruptcy, temporary or permanent shutdowns or operational challenges of one or more of our major customers, key suppliers or contractors, which, among other adverse effects, could disrupt our operations or 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 of 1962 (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 potential environmental regulations relating to climate change and carbon emissions, 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, and reclamation and remediation obligations; 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 our financial flexibility and cash flow necessary to fund working capital, planned capital expenditures, acquisitions, and other general corporate purposes or ongoing needs of our business, or to repurchase our common shares; our ability to reduce our indebtedness or return capital to shareholders within the currently expected timeframes or at all; adverse
•皇冠体育，OH 44114-2544信用评级，利率，外币汇率和税法的4次变化；与商业和商业纠纷、反垄断索赔、环境问题、政府调查、职业或人身伤害索赔、财产相关问题、劳动和就业问题或涉及遗留业务和其他问题的诉讼有关的诉讼、索赔、仲裁或政府程序的结果和产生的费用；供应链中断或能源成本、质量或可用性的变化，包括电力、天然气和柴油燃料，关键原材料和供应，包括铁矿石、工业气体、石墨电极、废金属、铬、锌、其他合金、焦炭和冶金煤，以及关键制造设备和备件；与向客户运输产品、在我们的工厂内部移动制造投入或产品、或向我们运输原材料的供应商有关的问题或中断；实施战略性或持续性资本项目的成本或时间可能大于最初预期的风险；我们有能力完成任何公开或私人收购交易，实现任何或全部预期利益或估计的未来协同效应，以及成功地将任何收购业务整合到我们现有业务中；与自然或人为灾害、恶劣天气条件、意外地质条件、关键设备故障、传染病爆发、尾矿坝故障和其他意外事件有关的不确定性；由我们或托管或有权访问我们数据或系统的第三方管理的信息技术系统的中断或故障相关的网络安全事件，包括敏感或重要业务或个人信息的丢失、被盗或损坏，以及无法访问或控制系统；与临时或无限期闲置或永久关闭运营设施或矿山的任何业务决策相关的负债和成本，这可能对相关资产的账面价值产生不利影响，并产生减值费用或关闭和回收义务，以及重新启动任何先前闲置的运营设施或矿山相关的不确定性；我们的自我保险水平和获得足够第三方保险以充分覆盖潜在不利事件和业务风险的能力；与我们满足客户和供应商的脱碳目标以及根据我们自己宣布的目标减少温室气体排放的能力相关的不确定性；维护我们与利益相关者一起运营的社会执照所面临的挑战，包括我们的运营对当地社区的影响，在产生温室气体的碳密集型行业中运营的声誉影响，以及我们培养一致的运营和安全记录的能力；我们的实际经济矿产储量或当前矿产储量估计值的减少，以及任何采矿财产的租约、许可证、地役权或其他占有权权益的任何所有权缺陷或损失；我们与工会和员工保持良好劳资关系的能力；由于计划资产价值变动或未供资债务所需缴款增加而导致养恤金和其他离职后福利债务的意外费用或增加费用；技术工人填补关键运营岗位的不确定可用性或成本，以及由经验丰富的员工流失或其他原因造成的潜在劳动力短缺，以及我们吸引、雇用、发展和留住关键人员的能力；回购普通股的金额和时间；我们对财务报告的内部控制可能存在的重大缺陷或重大缺陷；以及我们成功回购和/或赎回担保票据的能力。有关影响Cliffs业务的其他因素，请参阅第I部分第1A项。截至2023年12月31日的10-K表格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。资料来源：Cleveland-Cliffs Inc。媒体联系人：Patricia Persico高级董事，企业传播（216）694-5316投资者联系人：James Kerr董事，投资者关系（216）694-7719