Current Attempt in Progress

Ivanhoe Satellites Inc., a satellite communication provider, wants to develop the Internet of Things $($IoT$)$ by launching a constellation of next$-$generation satellites in a low Earth orbit $($LEO$).$ Ivanhoe issues bonds to finance the development, construction, and launch of the LEO satellites. Ivanhoe issued $5\mathrm{.}0\%15-$year bonds with a face value of $$280,000,000.$ The bonds will pay interest quarterly.