Reuters logo
BRIEF-Cliffs Natural says redeemed in full all of its outstanding 8% 1.5 lien senior secured notes due 2020
March 15, 2017 / 1:28 PM / 9 months ago

BRIEF-Cliffs Natural says redeemed in full all of its outstanding 8% 1.5 lien senior secured notes due 2020

March 15 (Reuters) - Cliffs Natural Resources Inc

* Cliffs natural -redeemed in full all of its outstanding 8.00% 1.5 lien senior secured notes due 2020 and 7.75% second lien senior secured notes due 2020

* Cliffs natural -redemptions decrease annualized interest expense by over $50 million and eliminates two series of secured debt entirely Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below