FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
Report of Foreign Private
Issuer
Pursuant to Rule 13a-16
or 15d-16
of the Securities Exchange
Act of 1934
Date: March 9,
2017
Commission File Number 001-31528
IAMGOLD
Corporation
(Translation of registrant's name into English) |
|
401 Bay Street Suite 3200, PO Box 153 |
Toronto, Ontario, Canada M5H 2Y4 |
Tel: (416) 360-4710
(Address of principal executive offices) |
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
|
Note: Regulation
S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report
to security holders. |
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
|
Note: Regulation
S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that
the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant
is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of
the home country exchange on which the registrant’s securities are traded, as long as the report or other document is
not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if
discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. |
Indicate by check mark whether
by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If
"Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
Description of Exhibit
Exhibit |
|
Description of Exhibit |
|
|
|
99.1 |
|
News Release Dated March 9, 2017 - IAMGOLD reduces its long-term debt; extends maturity to 2025 |
Signatures
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
|
|
|
|
IAMGOLD CORPORATION |
|
|
|
Date: March 9, 2017 |
By: |
/s/ Tim Bradburn |
|
Tim Bradburn |
|
Vice President, Legal and Corporate Secretary |
Exhibit 99.1
IAMGOLD reduces its long-term debt; extends maturity to 2025
All monetary amounts are expressed
in U.S. dollars, unless otherwise indicated.
TSX: IMG NYSE: IAG
TORONTO, March 9, 2017 /CNW/ - IAMGOLD Corporation
("IAMGOLD" or the "Company") today announced that it has priced a private offering of $400 million aggregate
principal amount of senior notes due 2025 (the "Notes"). The Notes bear interest at 7.00% per annum and are
being issued at a price of 100% of their face amount, providing the company with gross proceeds of $400 million. The
offering of the Notes is expected to close on or about March 16, 2017, subject to customary closing conditions. Subject
to the closing of the Notes, IAMGOLD will use the proceeds of the Notes towards the redemption of its $489 million of outstanding
6.75% Senior Notes due in October 2020 (the "Existing Notes") on or about April 2, 2017.
"Our four-year plan is to increase gold production to
one million ounces and to significantly reduce costs," said Executive Vice President and CFO for IAMGOLD Carol Banducci.
"While we continue to be very comfortable with our strong financial position today, reducing our long-term debt and extending
the maturity date of our notes to 2025 improves our capital structure and supports our ability to fund our growth pipeline over
the four-year horizon and beyond."
The Notes have not been and will not be 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 in the United States 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 Canada 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 the Notes in the United States or any other jurisdiction, nor shall there be any sale of the
Notes 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. This news release does not constitute an offer to purchase
the Existing Notes. This news release contains information about pending transactions, and there can be no assurance that these
transactions will be completed.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements.
All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects
or anticipates will or may occur in the future are forward-looking statements, including the completion and timing of this offering
and the intended use of proceeds from this offering to redeem the Existing Notes. They are forward-looking because they are statements
about the future that are based on what the Company knows and expects today. Forward-looking statements are generally identifiable
by use of the words "may", "will", "should", "continue", "expect", "anticipate",
"outlook", "guidance", "estimate", "believe", "intend", "plan" or "project"
or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject
to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the
actual results of the Company to differ materially from those discussed in the forward-looking statements, including, but not limited
to, conditions in financial markets and risks discussed in the risk factors section in IAMGOLD's latest annual information form.
Accordingly, readers should not place undue reliance on forward-looking statements. IAMGOLD disclaims any intent or obligations
to update or revise publicly any forward-looking statements whether as a result of new information, estimates or options, future
events or results or otherwise, unless required to do so by law.
About IAMGOLD
IAMGOLD is a mid-tier mining company with four operating gold
mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development
and exploration projects and continued assessment of accretive acquisition opportunities. IAMGOLD is in a strong financial position
with extensive management and operational expertise.
SOURCE IAMGOLD Corporation
To view the original version on PR Newswire, visit: http://www.newswire.ca/en/releases/archive/March2017/09/c7220.html
%CIK: 0001203464
For further information: Bob Tait, VP Investor Relations,
IAMGOLD Corporation, Tel: (416) 360-4743, Mobile: (647) 403-5520; Laura Young, Director, Investor Relations, IAMGOLD Corporation,
Tel: (416) 933-4952, Mobile: (416) 670-3815; Shae Frosst, Investor Relations Associate, IAMGOLD Corporation, Tel: (416) 933-4738,
Mobile: (647) 967-9942; Toll-free: 1-888-464-9999, info@iamgold.com
CO: IAMGOLD Corporation
CNW 17:02e 09-MAR-17
This regulatory filing also includes additional resources:
ex991.pdf
Iamgold (NYSE:IAG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Iamgold (NYSE:IAG)
Historical Stock Chart
From Apr 2023 to Apr 2024