Stolt-Nielsen Limited Completes Bond Issues
March 26 2015 - 7:47AM
Stolt-Nielsen Limited (Oslo Børs: SNI) announced today the
successful placement of senior unsecured bonds in a total amount of
NOK 1,100 million in a new 5-year bond issue carrying a coupon of
3M NIBOR plus 4.10%. The placement was oversubscribed.
The settlement date for the bonds will be April
8, 2015 and the maturity date will be April 8, 2020. An
application will be made for listing the bonds on the Oslo Stock
Exchange as soon as possible.
Net proceeds from the bond issues will be used
for general corporate purposes.
Danske Bank Markets, DNB Markets, Nordea Markets
and Pareto Securities acted as joint lead managers for the bond
issue.
Contacts:
Jan Chr. Engelhardtsen Chief Financial Officer U.K. +44 (0) 20
7611 8972 j.engelhardtsen@stolt.com
Jens F. Grüner-Hegge VP Corporate Finance U.K. +44 (0) 20 7611
8985 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#1906514
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