
Iamgold Corp., founded in 1990 and headquartered in Toronto, Canada, is a mid-tier gold mining company focused on acquiring, exploring, and developing gold production assets in North America and West Africa. The company's portfolio includes a diverse range of projects at various stages of development, aimed at maximizing shareholder value through responsible mining practices.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
IMGCN 5.75% 2028-10-15 USDIamgold Corp. | Canada | 2028-10-15 | 5.750 | 5.79 |
IMGCN 5.75% 2028-10-15 USDIamgold Corp. | Canada | 2028-10-15 | 5.750 | 5.89 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Iamgold has been active in the bond market since the early 2000s, with significant issuances that have supported its growth initiatives and project financing. Notably, in 2021, the company issued $300 million in senior unsecured notes due 2026, which offered an attractive yield compared to industry standards amid the gold price rally. With current yields reflecting market conditions, Iamgold's bonds have garnered attention from investors seeking exposure to the mining sector, particularly given the company's strategic shift towards enhancing liquidity and operational efficiency.