Rentech Nitrogen Partners, L.P. Announces Confidential Submission of Draft Registration Statement for Proposed Pasadena Spin-...
January 26 2016 - 5:30AM
Business Wire
Rentech Nitrogen Partners, L.P. (NYSE: RNF) today announced that
a wholly owned subsidiary of Rentech Nitrogen has confidentially
submitted a draft registration statement on Form S-1 with the
Securities and Exchange Commission (SEC) relating to the proposed
spin-out of its Pasadena, Texas facility.
It is a condition to the completion of the pending merger of
Rentech Nitrogen with CVR Partners, LP that Rentech Nitrogen sell
or spin-out its Pasadena facility pursuant to the terms of the
merger agreement. Rentech Nitrogen filed the registration statement
to prepare for a potential spin-out of the Pasadena facility in the
event it is unable to close on a sale of the facility on acceptable
terms in a timely manner.
This press release is being made pursuant to and in accordance
with Rule 135 under the Securities Act of 1933, as amended, and
does not constitute an offer to sell or the solicitation of an
offer to buy securities, and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of that jurisdiction.
Forward-Looking
Statements
This press release contains forward-looking statements about
matters such our ability to sell or spin-out the Pasadena facility.
These statements are based on management’s current expectations.
Actual results may differ materially as a result of various risks
and uncertainties. Other factors that could cause actual results to
differ from those reflected in the forward-looking statements are
set forth in Rentech Nitrogen’s prior press releases and periodic
public filings with the Securities and Exchange Commission, which
are available on Rentech Nitrogen’s website at www.rentechnitrogen.com. The forward-looking
statements in this press release are made as of the date of this
press release. Rentech Nitrogen does not undertake to revise or
update these forward-looking statements, except to the extent that
it is required to do so under applicable law.
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version on businesswire.com: http://www.businesswire.com/news/home/20160126005309/en/
Rentech Nitrogen Partners, L.P.Julie Dawoodjee
CafarellaVice President of Investor Relations and
Communications310-571-9800ir@rnp.net
Rentech Nitrogen Partners, L.P. Common Units Representing Limited Partner Interests (NYSE:RNF)
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