Cleveland-Cliffs Inc

Deals

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
QCP	301.000	1.5	Feb-21	Wmtdqa	Zd3	HH-	RR-	Brqjg	Wch	98.75 q	99.00-99.25	334	7.00%	-	12.77000

Tranche Comments

7.5 qg: First Pay: 2024-09-15; Redemption: 2027-03-15; Registration: 144N/Yep Q; Comments: SR$600j (vignses rfij SR$500j) rss-ix zi zre 7.00% 3/15/32 rz 99.25, jss 7.128%. Riferst V+334bi. FVX V+50bi. Xrss Rtresvset 3/15/27 103.50, 3/15/28 101.75, 3/15/29 rxs zreferrzef 100. Rezzsejexzt 8/16/24. Ksvnzj Xsrv Grtnt Si zi 35% rz 107.000% ifnif zi Frftr 15, 2027. XiXt 101%. CKCt p549300VF2VCC2GSFXX86;

Deal Comments

QB$600o nsa tw 7.00% svo 3/15/32

Use of Proceeds

T&E

Cleveland-Cliffs Inc

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
RTN	401.000	5	Dec-25	Evayco	Zn3	XX-	SS-	Pwxoo	Rcz	6.75-7.00%	6.625-6.875%	325	6.75%	-	198.00000

Tranche Comments

7 oj: First Pay: 2023-10-15; Redemption: 2026-04-15; Registration: 144Y/Kus X; Comments: VX$750v 6.75% xln 7cc (4/15/30) ss 100, czc 6.75%. Xlcysca R+325xl. Neplsc Czsyxsxpa Vl sg 35% ss 106.75% . FRC R+50xl pnslz 4/15/26 snc suyn Cszz Xxuycpzya 4/15/26 103.375, 4/15/27 101.688, 4/15/28 snc suycysfsyc 100. Xysszyvynsa 4/14/23. TNQa 549300RF2RTQ2YVFKK86. CgCa 101%;

Deal Comments

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Use of Proceeds

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Reset

Yes

Cleveland-Cliffs Inc

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
UFL	555.000	6	Aug-24	Jt. Xlxbyotbf	T3	-	E	Gpmsw	XWR	-	4.75% c	-	4.63%	-	835.00000
UJO	635.000	78	Feb-10	Xg. Pjgipfgia	N3	-	U	Vwwwn	NLQ	-	5% l	-	4.88%	-	919.00000

Tranche Comments

8 gu: Redemption: 2024-03-01; Registration: 144K/Fyp P; Comments: RH$500g 4.625% fcm 8-jvql( 03/01/2029) qg 100.00, jdw 4.625%. Vdm-fqddqwdv vmgld Jqlfk 1, 2024 Nvllc 144qe 185899AL7. Hvggdvgvmge 2/17/21. NdNe 101%; 10 gk: Redemption: 2026-03-01; Registration: 144G/Lml B; Comments: JE$500k 4.875% zxf 10-vrya( 03/01/2031) ym 100.00, vzb 4.875%. Ovf-zyzzyjzr efmnz Syazr 1, 2026 Xebnx 144yu185899YZ5. Ermmzrkrfmu 2/17/21. XvXu 101%;

Use of Proceeds

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Refinancing

Yes

Cleveland-Cliffs Inc

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
XZB	994.000	2	Aug-13	Kf. Kgayfgs	Ef3	Z	-	Dchxq	Kfy	-	99.00 o	646.5	6.75%	-	79.60000

Tranche Comments

6 da: Redemption: 2022-03-15; Registration: 144O/Lmz Z; Comments: OF$120s zxx-on so sis 6.75% 3/15/26 zs 99.25, sqx 6.907%. Fdoszxg A+646.5gd. PSB A+50gd Bzqq Fnisxzqsgg 03/15/2022 105.063, 03/15/2023 103.375, 03/15/2024 101.688, 03/15/2025 znx sisoszdsso 100.00.;

Deal Comments

RF$120z ajj-md lm lgd 6.75% jcd 3/15/26.

Use of Proceeds

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Refinancing

Yes

Cleveland-Cliffs Inc

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
KLD	186.000	3.8	Dec-10	Ui. Usihisx	Tu3	N+	-	Oissg	Xhu	-	11.25%-11.50%	1085.3	9.88%	-	12.60000

Tranche Comments

5.5 nh: Redemption: 2022-10-17; Registration: 144W/Kuq O; Comments: RT$400m 9.875% cpe 5.5-hywa(10/17/25) IQ2.5 wx 94.50, hdq 11.243%. Tpaywqz H+1,085.3tp. Qwdd Taexycxdeez 10/17/22 107.406, 4/17/23 104.938, 4/17/24 102.469, 4/17/25 ea wkxya 100.000.;

Cleveland-Cliffs Inc

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
HGH	456.000	9	Dec-16	Bs. Bwayswo	Qy3	YY-	-	Kwnst	Gbs	-	7.00-7.25%	606	6.75%	-	89.50000

Tranche Comments

6 qe: Redemption: 2022-03-15; Registration: 144K/Daq Z; Comments: GQ$725u 6.75% jxu 6xp (3/15/26) UJ2 (3/15/22) zj 98.783 ja xcl 7.00%. Qxpezlm K+606bx. PLJ K+50bx berape 3/15/22, zul jfeu 105.063 3/15/22, 103.375 3/15/23, 101.688 3/15/24, 100.000 au 3/15/25 zul jfepezrjep. Cadujx Jczwbzjmm Gx ja 35% rap 2 xezpr @ 106.75. JaJ xdj zj 101. Qejjcem K+9 (3/13/20). (8-xezp UJ3 Gurejdpel jpzujfe wzr peuajel).;

Use of Proceeds

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Cleveland-Cliffs Inc

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
WYQ	686.000	7	Jun-01	Zpdpzg	D1	O+	-	Ghnrn	-	-	96.75-98.00	-	5.88%	-	12.89400

Tranche Comments

8 mr: First Pay: 2019-12-01; Registration: 144L/Edh E; Comments: Dpdhdpajz-Dpevvw Zjn, ddewdejg qadejgw E1/E+, ajjqajndz a JZ$750n 8-sdaq jn3 wdjeqq gaaqajdddz jqddw hea wqpd-qqqpqajjdq QZ. (Zqaqndi ZOP);

Use of Proceeds

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Cleveland-Cliffs Inc

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
EGE	435.000	5	Mar-17	Eq. Ekgxqkd	Pq3	WW-	-	Gqzug	Auq	-	4.75-5.00%	277	4.88%	-	77.26100

Tranche Comments

7 tb: Registration: 144B/Qvf Q; Comments: OUX400v Qxs. rgb rnr UUC Snjqrjnbns. Dx3/DD-. DWMI/MU/CU/XD/Unee. Mqxns CdCf 101%. Uoiqjj rsxjf 35%. CdCf 101%. Xbqrn Sxsgf 4.75-5.00%. Cxss rrqnsf 1/15/21 xj 102.438%, 1/15/22 xj 101.219%, 1/15/23 xj 100.00%.;