Stolt-Nielsen Limited Contemplates New Bond Issue
March 25 2015 - 5:58AM
London, March 25,
2015 - 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)
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX 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
HUG#1906098
Scripps Networks Interactive, (NASDAQ:SNI)
Historical Stock Chart
From Apr 2024 to May 2024
Scripps Networks Interactive, (NASDAQ:SNI)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Scripps Networks Interactive, (delisted) (NASDAQ): 0 recent articles
More Stolt-Nielsen Limited News Articles