Stolt-Nielsen Limited Contemplates New Bond Issue
(Thomson Reuters ONE) -
London, England - June 3, 2011 - Stolt-Nielsen Limited (Oslo Børs: SNI) is
contemplating the issuance of new senior unsecured bonds with a tenor of 5
years. The amount targeted is USD 200 million to USD 300 million, split between
a US Dollar tranche and a Norwegian Kroner tranche. Proceeds from the bond
issue will be used for general corporate purposes.
It is intended that 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.
DnB NOR Markets, Nordea Markets and Swedbank First Securities have been
appointed as Joint Lead Managers in connection with the potential transaction.
For further information, please contact:
DnB NOR Markets
+47 22 01 77 46
Nordea Markets
+47 22 48 77 82
Swedbank First Securities
+47 23 11 62 73
SNL Contacts:
Jan Chr. Engelhardtsen
Chief Financial Officer
U.K. +44 (0) 20 7611 8972
j.engelhardtsen(at)stolt.com
Jens F. Grüner-Hegge
VP Corporate Finance
U.K. +44 (0) 20 7611 8985
j.gruner-hegge(at)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 transports liquefied petroleum gas (LPG) with its fleet of very
large gas carriers (VLGCs). Stolt-Nielsen Limited is listed on the Oslo Stock
Exchange.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Stolt-Nielsen Limited via Thomson Reuters ONE
[HUG#1521096]
Unternehmensinformation / Kurzprofil:
Datum: 03.06.2011 - 11:34 Uhr
Sprache: Deutsch
News-ID 55277
Anzahl Zeichen: 3078
contact information:
Town:
London
Kategorie:
Business News
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"Stolt-Nielsen Limited Contemplates New Bond Issue"
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