International Paper prices offer of $750M in notes

AP News
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Posted: Nov 30, 2009 6:33 PM

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.