Bond Cliffs-Cleveland Inc 6.375% ( USU1852LAC10 ) in USD

Issuer Cliffs-Cleveland Inc
Market price 103.175 %  ⇌ 
Country  United States
ISIN code  USU1852LAC10 ( in USD )
Interest rate 6.375% per year ( payment 2 times a year)
Maturity 14/10/2025 - Bond has expired



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Minimal amount 2 000 USD
Total amount 231 824 000 USD
Cusip U1852LAC1
Standard & Poor's ( S&P ) rating CCC ( Extremely speculative )
Moody's rating N/A
Detailed description Cleveland-Cliffs Inc. is a major iron ore mining company in North America, primarily supplying steelmakers with iron ore pellets and operating a substantial steel mill business.

An examination of the bond, identified by ISIN USU1852LAC10 and CUSIP U1852LAC1, issued by Cleveland-Cliffs Inc, a prominent United States-based producer of iron ore and a major flat-rolled steel manufacturer, indicates it is a USD-denominated instrument, issued from the United States, presently trading at 103.175% of its par value, featuring a 6.375% coupon rate paid semi-annually, with a total issuance volume of USD 231,824,000 and a minimum investment threshold of USD 2,000, set to mature on October 14, 2025, and notably carries a CCC credit rating from Standard & Poor's.