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MEMPHIS, Tenn., Oct. 28, 2021 /PRNewswire/ -- International Paper Company (NYSE: IP) (the "Company") announced today that it has commenced a cash tender offer (the "Offer") for up to $500 million aggregate principal amount (the "Aggregate Maximum Amount") of its outstanding 5.000% Notes due 2035 (the "5.000% Notes"), 5.150% Notes due 2046 (the "5.150% Notes"), 4.80% Notes due 2044 (the "4.80% Notes"), 6.00% Notes due 2041 (the "6.00% Notes"), 4.400% Notes due 2047 (the "4.400% Notes) and the 4.350% Notes due 2048 (the "4.350% Notes," and, together with the 5.000% Notes, the 5.150% Notes, the 4.80% Notes, the 6.00% Notes and the 4.400% Notes, the "Notes").  The terms and conditions of the Offer are described in the Company's offer to purchase dated October 28, 2021 (as may be amended or supplemented from time to time, the "Offer to Purchase").