International Petroleum Corporation (IPC) is set to hold fixed income investor meetings as part of its plan to potentially issue rated senior unsecured bonds. This initiative aims to refinance its existing bond obligations. The meetings will begin on September 22, 2025, and are organized by Arctic Securities and Pareto Securities, who are acting as Global Coordinators and Joint Bookrunners. Clarksons Securities will also serve as a Joint Bookrunner, while SB1 Markets will act as Co-Manager.

The proposed bond issuance could amount to USD 450 million for a five-year term, contingent on market conditions. The funds raised would be used to repay IPC's current outstanding bond, which is also valued at USD 450 million. This existing bond has received ratings of B+ from S&P Global Ratings and B1 from Moody’s.

IPC is an international oil and gas exploration and production company with assets in Canada, Malaysia, and France. The company is part of the Lundin Group of Companies and is incorporated in Canada. Its shares are traded on both the Toronto Stock Exchange and the Nasdaq Stockholm under the symbol IPCO.

In a statement, IPC emphasized that the meetings are part of a broader strategy to manage its financial obligations effectively. The company noted that the bond issuance is intended to utilize the call option on its existing bond, allowing for a smoother transition in its debt structure.

IPC also provided a cautionary note regarding forward-looking statements in its announcement. The company indicated that actual results may differ from those anticipated due to various factors, including market conditions, regulatory approvals, and economic developments. IPC does not commit to updating these forward-looking statements unless required by law.

For further inquiries, Rebecca Gordon, Senior Vice President of Corporate Planning and Investor Relations, and Robert Eriksson, Media Manager, are available for contact. All financial figures mentioned are in United States dollars.