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中文Credit Rating
Ivanhoe Mines have solicited credit ratings by Fitch and S&P. The following table shows the most recent credit rating updates:
| Rating Agency | Corporate Rating | Outlook | Latest Rating Announcement |
| Fitch | B | Stable | https://www.fitchratings.com/research/corporate-finance/fitch-affirms-ivanhoe-mines-at-b-outlook-stable-27-03-2026 |
| S&P | B- | Stable | https://www.spglobal.com/ratings/en/regulatory/article/-/view/sourceId/101685645 |
Credit Analysis
The following independent credit analyst(s) cover Ivanhoe Mines. Please note that any opinions, estimates or forecasts regarding Ivanhoe Mines’ performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Ivanhoe Mines or its management. Ivanhoe Mines does not, by its reference below or distribution, imply its endorsement of, or concurrence with, such estimates, opinions, conclusions or forecasts. The information in no way should be construed or interpreted as, or as a part of, an offering or solicitation of securities.
Please contact the research analyst’s firm directly to obtain a report.
| Credit Analyst | Company |
| Lorenzo Parisi | J.P. Morgan |
Outstanding Senior Notes
| Instrument | Maturity | Amount (USD) | Coupon | ISIN | Common Code | CUSIP |
|---|---|---|---|---|---|---|
| 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 | January 23, 2025 |
| Maturity Date | January 23, 2030 |
| Trustee | GLAS Trust Company LLC |
| Principal Paying Agent | GLAS Trust Company LLC |
| Transfer Agent | GLAS Trust Company LLC |
| Interest | Semi-annually in arrears on January 23 and July 23 of each year, commencing on July 23, 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 |
For more information on Ivanhoe’s total outstanding debt, please refer to our latest financial statements