Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
My Profile
International Paper Company
Memphis, Tennessee, USA, 30 November 2009 -- /PRNewswire/ -- International Paper Company (NYSE: IP) today announced that it has priced USD 750 million of 7.30% senior unsecured notes due 2039. The public offering price of the notes is 99.741%. The offering was made pursuant to an effective shelf registration statement. 

International Paper intends to use the net proceeds from the sale of the notes to repay certain indebtedness and for general corporate purposes.

Banc of America Securities LLC, Deutsche Bank Securities Inc., BNP Paribas Securities Corp., Citigroup Global Markets Inc., J.P. Morgan Securities Inc., RBS Securities Inc., UBS Securities LLC and Wells Fargo Securities, LLC acted as joint book-running managers for the offering. Copies of the prospectus supplement and accompanying prospectus, when available, may be obtained by contacting Banc of America Securities LLC, 100 West 33rd Street, 3rd Floor, New York, NY 10001, Attention: Prospectus Department, or by calling 1-800-294-1322; or Deutsche Bank Securities Inc., Attention: Prospectus Department, 100 Plaza One, Jersey City, NJ 07311, or by calling 1-800-503-4611. 

International Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia, and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company. 


Related Articles:

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: