LONDON--(Marketwire - Aug 23, 2012) - Stolt-Nielsen Limited (Oslo Børs: SNI)
contemplating the issuance of up to NOK 1 billion (approximately USD
million) of new senior unsecured bonds in the Norwegian bond market.
issuance would include NOK 400 - 500 million of new seven-year bonds
increase of the existing SNI02 (ISIN NO0010640766) and/or SNI03
NO0010640774) bonds maturing on March 19, 2015 and March 19,
respectively. Proceeds would be used to repay debt and for general
The offering will be made to (i) Norwegian professional investors and
counterparties as defined in the Norwegian Securities Trading
Sections 10-2 to 10-4, (ii) to non-"United States persons" in
transactions" within the meaning of Rule 902 under the Securities Act of
as amended (the "Securities Act"), and (iii) "Qualified Institutional
pursuant to Rule 144A of the Securities Act. The bonds may not be
or for the benefit of, persons resident in Canada.
DNB Markets, Nordea Markets and Swedbank First Securities have been
joint lead managers in connection with the potential transaction.
About Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is a leading global
integrated transportation solutions for bulk liquid chemicals, edible
acids, and other specialty liquids through its three largest business
Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt Sea
produces and markets high quality turbot, sole, sturgeon, and caviar
Stolt-Nielsen Gas, through its investment in Avance Gas Holdings Ltd.,
liquefied petroleum gas (LPG) with a fleet of very large gas carriers
Stolt-Nielsen Limited is listed on the Oslo Stock Exchange.
This information is subject of the disclosure requirements acc. to
(Norwegian Securities Trading Act)
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Source: Stolt-Nielsen Limited via Thomson Reuters ONE