Cleveland-Cliffs (CLF) Prices 60M Share Common Offering for Approx. Gross Proceeds of $326M
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Cleveland-Cliffs (CLF) Announces Proposed Offering of Common Shares, including 40M Common Shares by ArcelorMittal (MT)
February 8, 2021 4:41 PM ESTCleveland-Cliffs Inc. (NYSE: CLF) today announced that it has commenced an underwritten public offering (the Offering) of 60,000,000 common shares, par value $0.125 per share (the Common Shares), which consists of 40,000,000 currently outstanding Common Shares offered by ArcelorMittal North America Holdings LLC, an indirect, wholly-owned subsidiary of ArcelorMittal S.A. (the Selling Shareholder) and 20,000,000... More