Cleveland-Cliffs宣布收购2026年到期的6.750%优先担保债券

皇冠体育——（皇冠体育官网商业资讯）——皇冠体育-皇冠体育斯公司（CLEVELAND- cliffs Inc., NYSE: CLF）今天宣布，根据某些条款和条件，开始以以下价格收购其2026年到期的6.750%优先担保票据（“票据”）的任何和全部投标报价（“投标报价”）。

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。

下表列出了投标要约的某些条款：

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”）。

公司将在到期时间（“结算日”）之后立即购买任何有效投标且在到期时间之前未有效撤回的票据，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应投标或不应投标提出任何建议。票据持有人必须自行决定是否投标票据，如果投标，则决定投标票据的本金金额。如果要约要约的作出或接受不符合该司法管辖区的证券、蓝天或其他法律，则要约要约不会向该司法管辖区的票据持有人发出。在任何司法管辖区，如果证券法或蓝天法要求持牌经纪人或交易商发出要约，则要约将被视为由交易商经理或根据该司法管辖区的法律获得许可的一名或多名注册经纪人或交易商代表公司发出。

本新闻稿不构成购买证券的要约或出售任何证券的要约的招揽，或出售或购买任何证券的要约的招揽，也不构成在任何司法管辖区的要约或招揽，该要约或招揽是非法的。

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。公司从开采原料、直接还原铁、废铁到初级炼钢及下游精加工、冲压、工装、管材等垂直一体化。皇冠体育-皇冠体育斯是北美汽车行业最大的钢铁供应商，并因其全面的扁钢产品而服务于各种其他市场。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28,000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 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 changes in credit ratings, interest rates, foreign currency rates and tax laws; the outcome of, and costs incurred in connection with, lawsuits, claims, arbitrations or governmental proceedings relating to commercial and business disputes, antitrust claims, environmental matters, government investigations, occupational or personal injury claims, property-related matters, labor and employment matters, or suits involving legacy operations and other matters; supply chain disruptions or changes in the cost, quality or availability of energy sources, including electricity, natural gas and diesel fuel, critical raw materials and supplies, including iron ore, industrial gases, graphite electrodes, scrap metal, chrome, zinc, other alloys, coke and metallurgical coal, and critical manufacturing equipment and spare parts; problems or disruptions associated with transporting products to our customers, moving manufacturing inputs or products internally among our facilities, or suppliers transporting raw materials to us; the risk that the cost or time to implement a strategic or sustaining capital project may prove to be greater than originally anticipated; our ability to consummate any public or private acquisition transactions and to realize any or all of the anticipated benefits or estimated future synergies, as well as to successfully integrate any acquired businesses into our existing businesses; 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; cybersecurity incidents relating to, disruptions in, or failures of, information technology systems that are managed by us or third parties that host or have access to our data or systems, including the loss, theft or corruption of sensitive or essential business or personal information and the inability to access or control systems; liabilities and costs arising in connection with any business decisions to temporarily or indefinitely idle or permanently close an operating facility or mine, 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 operating facility or mine; our level of self-insurance and our ability to obtain sufficient third-party insurance to adequately cover potential adverse events and business risks; uncertainties associated with our ability to meet customers’ and suppliers’ decarbonization goals and reduce our greenhouse gas emissions in alignment with our own announced targets; challenges to maintaining our social license to operate with our stakeholders, including the impacts of our operations on local communities, reputational impacts of operating in a carbon-intensive industry that produces greenhouse gas emissions, and our ability to foster a consistent operational and safety track record; our actual economic mineral reserves or reductions in current mineral reserve estimates, and any title defect or loss of any lease, license, easement or other possessory interest for any mining property; our ability to maintain satisfactory labor relations with unions and employees; unanticipated or higher costs associated with pension and other post-employment benefit obligations resulting from changes in the value of plan assets or contribution increases required for unfunded obligations; uncertain availability or cost of skilled workers to fill critical operational positions and potential labor shortages caused by experienced employee attrition or otherwise, as well as our ability to attract, hire, develop and retain key personnel; the amount and timing of any repurchases of our common shares; potential significant deficiencies or material weaknesses in our internal control over financial reporting; and our ability to successfully repurchase and/or redeem the Secured Notes.

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。

在businesswire网站上查看源代码：https://www.businesswire.com/news/home/20240303579343/en/

媒体联系人：Patricia Persico高级主管，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

资料来源：Cleveland-Cliffs Inc。

2024年3月4日上映