Stolt-Nielsen Limited Completes Issuance of Bonds
(Thomson Reuters ONE) -
LONDON, September 8, 2017 - Stolt-Nielsen Limited (Oslo Børs: SNI) today
announced the successful placement of senior unsecured bonds in the Nordic bond
market with a total amount of USD 175 million in a new 5-year bond issue
carrying a fixed coupon of 6.375%. The placement was oversubscribed.
The settlement date for the bonds will be September 21, 2017 and the maturity
date will be September 21, 2022. An application will be made for listing the
bonds on the Oslo Stock Exchange as soon as possible. Net proceeds from the bond
issue will be used for the refinancing of outstanding bonds and general
corporate purposes.
Danske Bank, DNB Markets, Nordea and Swedbank acted as joint lead managers for
the bond issue.
For additional information please contact:
Jan Chr. Engelhardtsen
Chief Financial Officer
UK +44 (0) 20 7611 8972
j.engelhardtsen(at)stolt.com
Jens F. Grüner-Hegge
V.P. Corporate Finance
UK +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 develops opportunities in LPG and LNG shipping and distribution.
Stolt-Nielsen Limited is listed on the Oslo Stock Exchange.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Stolt-Nielsen Limited via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 08.09.2017 - 16:32 Uhr
Sprache: Deutsch
News-ID 559303
Anzahl Zeichen: 2303
contact information:
Town:
London
Kategorie:
Business News
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"Stolt-Nielsen Limited Completes Issuance of Bonds"
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