| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers I > Headlines for Iamgold Corp. > News item |
Iamgold sets target date of April 2 to redeem 6¾% notes due 2020
By Wendy Van Sickle
Columbus, Ohio, March 16 – Iamgold Corp. expects to redeem its $489 million of 6¾% senior notes due October 2020 on or about April 2, according to a company news release.
The company plans to use proceeds from its newly completed offering of $400 million of 7% senior notes due 2025 – downsized from an initial $500 million – and cash on hand to fund the redemption.
The gold mining company is based in Toronto.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.