Credit Rating
Ivanhoe Mines have solicited credit ratings by Fitch and S&P. The following table shows the most recent credit rating updates:
Credit Ratings
Rating Agency | Corporate Rating | Outlook |
---|---|---|
Fitch | B | |
S&P | B |
Outstanding Debt
Instrument | Maturity | Amount (USD) | Coupon | ISIN | Common Code | CUSIP |
---|---|---|---|---|---|---|
Revolving Credit Facility | 2027 | 120 000 000 $ | Term SOFR + 3,75% | n/a | n/a | n/a |
Senior Notes | 2030 | 750 000 000 $ | 7,875% payable semi-annual in arrears | Rule 144A: US46579RAE45 Reg S: XS2978907512 |
Rule 144A: 296873349 Reg S: 297890751 |
Rule 144A: 46579RAE4 |
Issuer | Ivanhoe Mines Ltd. |
---|---|
Initial Guarantor(s) | Kipushi Holding Limited and Ivanhoe Mines US LLC |
Ranking and Status | Senior Unsecured, pari passu with existing Senior debt |
Issue | 7,875% Senior Notes due 2030 |
Amount at Issue (USD) | 750 000 000 $ |
Issue Date | 23 janvier 2025 |
Maturity Date | 23 janvier 2030 |
Trustee | GLAS Trust Company LLC |
Principal Paying Agent | GLAS Trust Company LLC |
Agent des transferts | GLAS Trust Company LLC |
Interest | Semi-annually in arrears on January 23 and July 23 of each year, commencing on 23 juillet 2025 |
Listing | The International Stock Exchange |
Credit Ratings | Fitch: B; S&P: B |
Security Codes | ISINs: Rule 144A: US46579RAE45; Reg S: XS2978907512 Common Codes: Rule 144A: 296873349; Reg S: 297890751 CUSIP: Rule 144A: 46579RAE4 |