Bond Cliffs-Cleveland Inc 7% ( USU1852LAN74 ) in USD

Issuer	Cliffs-Cleveland Inc
Market price	97.83 % ▼
Country	United States
ISIN code	USU1852LAN74 ( in USD )
Interest rate	7% per year ( payment 2 times a year)
Maturity	14/03/2032
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Next Coupon	14/09/2026 ( In 181 days )
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. Detailed information is available regarding a specific bond issued by Cleveland-Cliffs, a leading North American producer of flat-rolled steel and iron ore products. This fixed-income instrument, identified by ISIN USU1852LAN74 (CUSIP U1852LAN7), was issued in the United States and offers an annual interest rate of 7%, with payments distributed semi-annually. The bond has a maturity date of March 14, 2032. Currently, it trades on the market at 97.947% of its par value, denominated in USD. Its credit quality is assessed by Standard & Poor's with a BB- rating.