International Paper says it will sell $750M in senior notes due 2039 to pay back debts
By APMonday, November 30, 2009
International Paper prices offer of $750M in notes
MEMPHIS, Tenn. — Paper and packaging company International Paper Co. said Monday it priced an offering of $750 million in 7.30 percent senior notes due 2039.
The funds will be used to pay back debt and for other general corporate purposes, the company said.
The book-running managers of the offering will be Banc of America, Deutsche Bank, BNP Paribas, Citigroup Global Markets, JPMorgan, RBS, UBS and Wells Fargo.
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