CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) today announced that it intends to offer to sell, subject to market and other conditions, $400 million aggregate principal amount of Senior Secured Notes due 2025 (the “Notes”) in an offering (the “Notes Offering”) that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). The Notes will be guaranteed on a senior secured basis by Cliffs’ material wholly owned domestic subsidiari.