---
title: "International Paper Wins Noteholder Approval to Assume DS Smith Debt Obligations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288699303.md"
description: "International Paper secured noteholder approval to assume debt obligations for its subsidiary DS Smith, replacing DS Smith as the issuer on euro- and sterling-denominated notes. This move removes International Paper's guarantee, aligns documentation with its U.S. status, and centralizes funding at the parent level. The changes are part of the post-acquisition integration of DS Smith, aiming to streamline financing and clarify legal responsibilities."
datetime: "2026-06-04T09:47:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288699303.md)
  - [en](https://longbridge.com/en/news/288699303.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288699303.md)
---

# International Paper Wins Noteholder Approval to Assume DS Smith Debt Obligations

International Paper Co ( (IP) ) has issued an update.

International Paper has secured noteholder approval to substitute itself as the issuer and principal debtor on several outstanding euro- and sterling-denominated notes previously issued by its indirect wholly owned subsidiary DS Smith Limited. The approved changes also remove International Paper’s guarantee and align the documentation with its status as a U.S.-organized company, giving the group greater flexibility in managing its capital structure and centralizing funding obligations at the parent level.

Separate meetings of holders of each series of DS Smith’s 2027, 2029 and 2030 notes passed extraordinary resolutions granting the requested consents, though implementation of the modifications and their timing remain at the sole discretion of International Paper and DS Smith. The moves are part of International Paper’s broader post-acquisition integration of DS Smith, and may streamline financing arrangements while clarifying legal responsibilities for bondholders as the combined business aligns its funding and governance framework.

**More about International Paper Co**

International Paper is a global leader in sustainable corrugated packaging, providing paper-based packaging solutions that protect goods, support supply chains and create value for customers, employees and shareholders. The company focuses on recyclable, fiber-based packaging products, serving diverse industries with an emphasis on sustainability and operational resilience.

For a thorough assessment of IP stock, go to TipRanks’ Stock Analysis page.

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