International Petroleum Corporation Completes USD 450 Million Bond Placement
Globenewswire·2025-09-25 17:30
TORONTO, Sept. 25, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) announces that it has successfully completed a private placement of USD 450 million of senior unsecured bonds. The bonds will have a tenor of five years and a fixed coupon rate of 7.50 percent per annum, with interest payable in semi-annual instalments. The bond issue is expected to be rated B+ by S&P Global Ratings and B1 by Moody’s. Settlement of the bonds is expected ...