Iamgold Completes Long-Term Debt Refinancing; Extends Maturity to 2025
NEWS RELEASE
TSX: IMG NYSE: IAG
IAMGOLD COMPLETES LONG-TERM DEBT REFINANCING;
EXTENDS MATURITY TO 2025
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.
Toronto, Ontario, March 16, 2017 – IAMGOLD Corporation (“IAMGOLD” or the “Company”) today
announced that it has completed its offering of $400 million aggregate principal amount of 7.00% Senior
Notes due in 2025 (the “Notes”). IAMGOLD intends to use the net proceeds of the Notes, together with
existing cash on hand, 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.
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 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.
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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.
For further information please contact:
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 [email protected]