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Friday, 8 September 2017

Stolt-Nielsen Limited Completes Issuance of Bonds

Stolt-Nielsen Limited    

Published: 16:32 CEST 08-09-2017 /GlobeNewswire /Source: Stolt-Nielsen Limited / : SNI /ISIN: BMG850801025

Stolt-Nielsen Limited Completes Issuance of Bonds

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@stolt.com

 

Jens F. Grüner-Hegge
V.P. Corporate Finance
UK +44 (0) 20 7611 8985
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 to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.




This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Stolt-Nielsen Limited, 65 Kingsway, London WC2B 6TD, United Kingdom
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