IAG Iamgold Corporation

 

 

 

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: April 3, 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.

 

Form 20-F

o

Form 40-F

x

  

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.

 

Yes

☐

No

☒

 

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 April 3, 2017 - IAMGOLD completes redemption of long-term debt due in 2020

 

 

 

 

 

 

 

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: April 3, 2017	By:	/s/ Tim Bradburn
		Tim Bradburn
		Vice President, Legal and Corporate Secretary

 

 

Exhibit 99.1

 

IAMGOLD completes redemption of long-term debt due in 2020

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.

TORONTO, April 3, 2017 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that it has completed the early redemption of its $489 million of outstanding 6.75% Senior Notes due in October 2020 (the "Existing Notes").  The redemption was funded from the net proceeds of its recent issue of $400 million aggregate principal amount of 7.00% Senior Notes due in 2025 (the "Notes") and cash on hand.

"With this redemption and the issuance of a smaller amount of debt with an extended due date of April 15, 2025, our capital structure continues to support our ability to fund our growth pipeline," commented Carol Banducci, Executive Vice President and CFO.  "Investors should note that the timing of today's redemption occurs after the end of the first quarter 2017.   Therefore as of March 31, 2017, both issues of debt were outstanding coupled with a higher pre-redemption cash balance.  By extending the maturity of $400 million of debt to 2025, the Company has significantly enhanced its ability to fund its pipeline of internal growth opportunities."

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 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 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/April2017/03/c8588.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 17:58e 03-APR-17

 

 

This regulatory filing also includes additional resources:
ex991.pdf