Moody's Ratings assigns Ba3 rating to Cleveland-Cliffs' proposed senior unsecured guaranteed notes
Moody's Ratings (Moody's) assigned a Ba3 rating to Cleveland-Cliffs Inc.'s ("Cliffs") proposed senior unsecured guaranteed notes. The company plans to issue two tranches of notes at about $800 million each with maturities of 5 years and 8.5 years with the proceeds used to fund a portion of the acqui...
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