Cliffs Natural Resources Inc. is an American iron ore mining company focused primarily on supplying high-quality iron ore pellets to the North American steel industry.
A specific fixed-income instrument, identified by its ISIN US18683KAD37 and CUSIP 18683KAD3, has recently concluded its lifecycle. This bond was issued by Cliffs Natural Resources Inc., a prominent American iron ore mining and steel production company, highlighting its financing activities within the natural resources sector. Originally issued in the United States, this obligation carried a coupon rate of 4.875% and was denominated in USD. The bond's total original principal amounted to USD 138,431,000, with a minimum investment lot of USD 1,000 for investors. Payments were structured to occur with a frequency of two times per year, typically on a semi-annual basis. At the time of its market valuation, it traded at 100% of its par value. The bond reached its scheduled maturity date on March 31, 2021, and has since been fully repaid, concluding its financial commitment to bondholders.
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