On December 28, 2012, Cliffs Natural Resources Inc. repaid in full its $270,000,000 6.31% Series 2008A Senior Notes, Tranche A, due June 15, 2013 and its $55,000,000 6.59% Series 2008A Senior Notes, Tranche B, due June 15, 2015, including all accrued and unpaid interest and a make-whole amount. Proceeds from the issuance of the company's 3.95% Senior Notes due 2018 were utilized to repay the Notes. Upon repayment of all of the Notes on December 28, 2012, the company terminated the Note Purchase Agreement dated June 25, 2008 pursuant to which the company had issued the Notes in a private placement to certain institutional investors.