Tuesday 07 March 2017 by FIIG Research Company updates

Company updates – IAMGOLD, McPherson’s and TransAlta

IAMGOLD announced a new bond launch and intention to redeem its existing 2020 bond, McPherson’s advised it will redeem $15m of its floating rate notes and TransAlta released its FY16 results

IAMGOLD

IAMGOLD Corporation (IAMGOLD) has launched a USD500m bond due 2025, intending to use the proceeds to redeem its existing 2020 bond.

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McPherson’s

McPherson’s has advised bondholders it will exercise its call option and redeem $15m of floating rate notes on 31 March 2017 at the 103% call price.

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TransAlta

TransAlta Corporation released its FY16 results, maintaining its financial guidance with solid operational performance despite some challenges to some business segments.

More information is available here.External link - opens in a new window

 

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