May 12, 2009. /Lesprom Network/. International Paper Co launched a tender offer on May, 11, 2009 to buy back more than $1.068 billion of outstanding bonds, as Reuters agency informed Lesprom Network. The company will repurchase the bonds using the proceeds from last week's sale of $1 billion of 9.375% 10-year notes and other cash resources, it said in a statement. International Paper is offering to buy back the outstanding principal amounts of its 4% notes due 2010, 9.25% debentures due 2011, 6.75% notes due 2011, 8.875% debentures due 2012, 5.85 % notes due 2012 and 5.125% notes due 2012. International Paper is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company.