Stolt-Nielsen Limited Contemplates New Bond Issue
25 March 2015 - 10:00PM
Stolt-Nielsen Limited (Oslo Børs: SNI) is contemplating the
issuance of new senior unsecured bonds in the Norwegian bond market
with a minimum amount of NOK 700 million. Proceeds will be
used for general corporate purposes.
The offering will be made to (i) Norwegian
professional investors and eligible counterparties as defined in
the Norwegian Securities Trading Regulations Sections 10-2 to 10-4,
(ii) to non-"United States persons" in "offshore transactions"
within the meaning of Rule 902 under the Securities Act of 1933, as
amended (the "Securities Act"), and (iii) "Qualified Institutional
Buyers" pursuant to Rule 144A of the Securities Act. The
bonds may not be purchased by, or for the benefit of, persons
resident in Canada.
Danske Bank Markets, DNB Markets, Nordea Markets
and Pareto Securities have been appointed as joint lead managers in
connection with the potential transaction.
For further information, please contact:
Jan Chr.
Engelhardtsen
Jens F. Grüner-Hegge Chief Financial
Officer
V.P. Corporate Finance U.K. +44 (0) 20 7611
8972
U.K. +44 (0) 20 7611 8985
j.engelhardtsen@stolt.com
j.gruner-hegge@stolt.com
About Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is
a leading global provider of integrated transportation solutions
for bulk liquid chemicals, edible oils, acids, and other specialty
liquids through its three largest business divisions, Stolt
Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt Sea
Farm produces and markets high quality turbot, sole, sturgeon, and
caviar. Stolt-Nielsen Gas develops opportunities in LPG and LNG
shipping and distribution. Stolt-Nielsen Limited is listed on the
Oslo Stock Exchange.
This information is subject of the disclosure
requirements acc. to §5-12 vphl (Norwegian Securities Trading
Act)
HUG#1906098
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