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International Petroleum Corporation to Arrange Fixed Income Investor Meetings
Globenewswireยท2025-09-22 05:00

Core Viewpoint - International Petroleum Corporation (IPC) is planning to arrange fixed income investor meetings for a potential issuance of rated senior unsecured bonds to refinance its existing outstanding bond [1] Group 1: Bond Issuance Details - IPC has mandated Arctic Securities and Pareto Securities as Global Coordinators and Joint Bookrunners, along with Clarksons Securities and SB1 Markets, to arrange investor meetings starting September 22, 2025 [1] - The proposed bond issuance may amount to USD 450 million with a maturity of 5 years, aimed at repaying IPC's existing USD 450 million bond [1] - The existing bond is rated B+ by S&P Global Ratings and B1 by Moody's [1] Group 2: Company Overview - IPC is an international oil and gas exploration and production company with assets in Canada, Malaysia, and France, supporting both organic and inorganic growth [2] - IPC is part of the Lundin Group of Companies and is incorporated in Canada, with shares listed on the Toronto Stock Exchange (TSX) and Nasdaq Stockholm under the symbol "IPCO" [2]