Moody's Raises IAMGOLD Rating After Debt Cuts and Cote Gold Reaches Full Production
Moody's elevated IAMGOLD Corporation's corporate family rating to B1 from B2, citing roughly $515 million of net debt reduction in 2025, full repayment of a $400 million second-lien term loan, and the successful ramp-up of the 70%-owned Cote Gold mine to commercial production. The move accompanies upgrades to probability of default and senior unsec…