Business
Ivanhoe Mines Prices an Offering of US$750,000,000 Senior Notes Due 2030
London, United Kingdom--(Newsfile Corp. - January 16, 2025) - Ivanhoe Mines Ltd. (TSX: IVN) (OTCQ...
About this update from Ivanhoe Mines Ltd. Class A
[{"type":"text","content":"Ivanhoe Mines Prices an Offering of US$750,000,000 Senior Notes Due 2030London, United Kingdom--(Newsfile Corp. - January 16, 2025) - Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) is pleased to announce that it has priced the offering (the \"Offering\") of an aggregate principal amount of US$750,000,000 7⅞% senior notes due 2030 (the \"Notes\"). The Notes will be senior unsecured obligations of the company and will be guaranteed on a senior basis by certain of the company's subsidiaries (the \"Guarantors\").The gross proceeds from the Offering of the Notes will be used for general corporate purposes, including capital expenditure associated with expansion of the company's projects, and to pay certain fees and expenses relating to the Offering.The closing of the Offering is subject to customary conditions precedent for similar transactions.Information contactInvestors Vancouver: Matthew Keevil +1.604.558.1034 London: Tommy Horton +44 7866 913 207MediaTanya Todd +1.604.331.9834Forward-Looking Information is Subject to Risk and UncertaintyThis announcement may include certain \"forward-looking\" statements. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words \"believes\", \"expects\", \"may\", \"will\", \"would\", \"should\", \"seeks\", \"pro forma\", \"anticipates\", \"intends\", \"plans\", \"estimates\" or the negative of any thereof or other variations thereof or comparable terminology, or by discussions of strategy or intentions. Such statements include without limitation, the company's expectations with respect to the form and terms of the Offering, completion of the Offering, and the expected use of proceeds therefrom. These statements are not guarantees of future actions or performance and involve risks, uncertainties and assumptions as to future events that may not prove to be accurate. Actual actions or results may differ materially from what is expressed or forecasted in these forward-looking statements as the company may be unable to complete the Offering. As a result, these statements speak only as of the date they were made and the company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Many important...