buy

Cleveland-Cliffs Inc. buy ValueFreak

Cleveland-Cliffs Inc.

Start price

€17.71

/ 50%

Target price

16.06.25

Performance (%)

Price

Summary

This prediction is currently active. With a performance of , the BUY prediction by ValueFreak is trending in the wrong direction. This prediction currently runs until 16.06.25. The prediction end date can be changed by ValueFreak at any time. ValueFreak has 50% into this prediction

Performance without dividends (%)

Name	1w	1m	1y
Cleveland-Cliffs Inc.
iShares Core DAX®
iShares Nasdaq 100
iShares Nikkei 225®
iShares S&P 500

Comments by ValueFreak for this prediction

In the thread Cleveland-Cliffs Inc. diskutieren

ValueFreak hat das Wertpapier Cleveland-Cliffs Inc. in seinem Wikifolio Glueck auf gekauft.

ValueFreak

Cleveland Cliffs ist heute 2-stellig im Plus an der Börse. Vor 3 Tagen hatte die Firma die vorzeitige Rückzahlung einer Anleihe mit vorhandener Liquidität bekanntgegeben
https://www.nasdaq.com/press-release/cleveland-cliffs-to-fully-redeem-its-9.875-senior-secured-notes-due-2025-2022-03-21

Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has instructed the trustee to provide notice of redemption for the entirety of its remaining $607 million aggregate principal amount of outstanding 9.875% Senior Secured Notes due October 2025. Pursuant to the terms of the Notes and the Indenture governing the Notes, the Company expects the total payment to holders of the Notes including the redemption premium to be approximately $677 million, plus accrued and unpaid interest, if any, to, but not including, the redemption date, which is expected to be on April 20, 2022. The Notes will be redeemed with available liquidity. The cash interest associated with these notes is approximately $60 million per year.

ValueFreak