Champion Iron Limited Upsizes and Prices US$500 Million Senior Notes Due 2032

Reuters
27 Jun
<a href="https://laohu8.com/S/CIAFF">Champion Iron Limited</a> Upsizes and Prices US$500 Million Senior Notes Due 2032

Champion Iron Limited has announced an upsize and pricing of its senior notes offering, increasing the aggregate principal amount from the initially announced US$450 million to US$500 million. These senior notes are due in 2032 and are priced at 100.000%. The interest rate on the notes is set at 7.875% per annum, with interest payable semi-annually. Settlement of this offering is expected to occur on or about July 2, 2025, subject to customary conditions. The net proceeds from this offering are intended to repay amounts outstanding under Champion Iron's senior credit facilities and for general corporate purposes. The notes will be senior unsecured obligations of the issuer and guaranteed by the company and certain subsidiaries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Champion Iron Limited published the original content used to generate this news brief via CNW (Ref. ID: C6424) on June 26, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10