Champion Iron Limited (CIA.TO) has announced that its wholly-owned subsidiary, Champion Iron Canada Inc., is initiating a US$450 million offering of senior unsecured notes maturing in 2032.
These notes will be guaranteed by Champion Iron and select subsidiaries, with interest payable semi-annually. The notes will not be listed on the ASX or TSX.
Proceeds from the offering will be used to repay existing senior credit facility debt and for general corporate purposes.
CIA.TO currently trades at $3.61 or 0.5510% lower on the Toronto Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.