SUBSIDIARY OF COPEINCA ASA CONSIDERS POSSIBLE BOND ISSUE

(Thomson Reuters ONE) - Reference is made to the announcement from Copeinca ASA dated 18 January, 2010.Copeinca S.A.C., a Peruvian subsidiary of Copeinca ASA, is considering a bondissue for approximately USD 150 million, to be guaranteed by Copeinca ASA.Net proceeds from the contemplated bond issue, if consummated, would be used torefinance the existing USD 120 million medium term debt of Copeinca S.A.C., tofinance its capital expenditures and for its general corporate uses.Please find attached a trading update from Copeinca ASA to include certainpreliminary, unaudited financial and operating data of Copeinca ASA, as of theyear ended 31 December 2009, which will be presented in connection with thepossible bond issue.For further information, please contact:CEO Samuel Dyer, sdyerc(at)copeinca.com.pe CFO Eduardo Castro-Mendivil, ecastromendi(at)copeinca.com.peTel. (511) 213-4000About Copeinca ASACopeinca ASA is one of the largest fishmeal and fish oil producers in Peru. TheCompany produces its fishmeal and fish oil from anchovy harvested off the coastof Peru, and most of its production is exported. Key countries for export areChina, Japan, Germany, Canada, Chile and Denmark.  Typical customers are fishand animal feed producers as well as refineries for omega-3 products.  CopeincaASA runs its operations out of Lima and has its own fleet.  Copeinca ASAoperates 6 plants located in strategic locations all around the Peruvian coastline. The company has around 2,000 part and full time employees.Please visit www.copeinca.com This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)[HUG#1376552] RECENT DEVELOPMENTS: http://hugin.info/137275/R/1376552/337932.pdf

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Datum: 25.01.2010 - 05:08 Uhr
Sprache: Deutsch
News-ID 11382
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