Bond Cliffside Cliffs 5.875% ( USU1852LAB37 ) in USD
Issuer | Cliffside Cliffs |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 5.875% per year ( payment 2 times a year) |
Maturity | 31/05/2027 |
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Minimal amount | 2 000 USD |
Total amount | 750 000 000 USD |
Cusip | U1852LAB3 |
Standard & Poor's ( S&P ) rating | BB- ( Non-investment grade speculative ) |
Moody's rating | N/A |
Next Coupon | 01/12/2025 ( In 176 days ) |
Detailed description |
Cleveland-Cliffs Inc. is an American iron ore mining and steelmaking company, the largest flat-rolled steel producer in North America. Cleveland-Cliffs Inc. issued a USD 750,000,000 5.875% bond (CUSIP: U1852LAB3, ISIN: USU1852LAB37) maturing on May 31, 2027, currently trading at 91.75% of par value, with a minimum purchase size of 2,000 bonds and a semi-annual coupon payment, rated BB- by Standard & Poor's. |