Cliffs Natural Resources repays $325 million of series 2008A notes

By Ashley Montgomery

Kansas City, Kan., Jan. 4 - Cliffs Natural Resources Inc. repaid all of its $270 million of 6.31% series 2008A tranche A senior notes due June 15, 2013 and all of its $55 million of 6.59% series 2008A tranche B senior notes due June 15, 2015, according to an 8-K filed with the Securities and Exchange Commission.

The company said it financed the repayment with proceeds from its offering of 3.95% senior notes due 2018.

The repayment was effective Dec. 28.

Cliffs Natural Resources is a Cleveland-based mining and natural resources company.

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