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Prospect News home > News index > List of issuers I > Headlines for Iamgold Corp. > News item
Published on 3/3/2017 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Iamgold to redeem 6¾% notes due 2020 via $500 million issue due 2025

By Susanna Moon

Chicago, March 3 – Iamgold Corp. plans to redeem its outstanding 6¾% senior notes due 2020 using proceeds of a new issue.

Iamgold plans to price $500 million principal amount of senior notes due 2025 under Rule 144A and Regulation S, according to a company announcement.

The redemption also will be funded using cash on hand and is contingent on the issue of the new notes.

The gold mining company is based in Toronto.


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