Cliffs's Cash Fix Endangers Bondholders, CreditSight Says

Cliffs's Cash Fix Endangers Bondholders, CreditSight Says

Cliffs Natural Resources Inc. (CLF)'s proposed note sale and offer to buy back some of its debt will bolster the largest U.S. iron-ore producer's cash position while imperiling its unsecured bondholders, according to researcher CreditSights Inc. The

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