TSX: IMG NYSE: IAG
Sept. 14, 2012
("IAMGOLD" or the "Company") today announced that it upsized and priced an offering of
aggregate principal amount of senior unsecured notes due 2020 (the "Notes") in a private placement offering to eligible investors. The size of the offering was increased from the previously announced offering of
aggregate principal amount of Notes to
aggregate principal amount of Notes. The Notes bear interest at 6.75% per annum and are being issued at a price of 100% of their face amount, providing the company with gross proceeds of
. The offering is expected to close on or about
September 21, 2012
, subject to customary closing conditions. IAMGOLD intends to use the net proceeds of the Notes for general corporate purposes, including the funding of capital expenditures and exploration.
The Notes have not been registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state and may not be offered or sold absent registration under the Securities Act or an applicable exemption from the registration requirements thereof. The Notes will be offered and sold in
the United States
only to qualified institutional buyers in accordance with Rule 144A under the Securities Act and outside
the United States
in reliance on Regulation S under the Securities Act. The Notes will be offered and sold in
on a private placement basis pursuant to certain exemptions from applicable Canadian securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction or an exemption therefrom.