Stolt-Nielsen Limited
oslo : SNI

March 08, 2012 03:07 ET

Stolt-Nielsen Limited Contemplates New Bond Issue

LONDON--(Marketwire - Mar 8, 2012) - Stolt-Nielsen Limited (Oslo Børs: SNI) is contemplating the issuance of new senior unsecured three-year and/or six-year bond issues in the Norwegian bond market. Proceeds from the bond issue(s) will be used to repay debt and for general corporate purposes.

It is intended that 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.

Attached to this press release is an investor presentation prepared in connection with the bond issue(s). This presentation will be made available on the Company's website, www.stolt-nielsen.com, as well as on www.newsweb.no.

DNB Markets, Nordea Markets and Swedbank First Securities have been appointed as joint lead managers in connection with the potential transaction.

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 transports liquefied petroleum gas (LPG) with its fleet of very large gas carriers (VLGCs). Stolt-Nielsen Limited is listed on the Oslo Stock Exchange.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

SNL Company Presentation:

http://hugin.info/154/R/1592373/500742.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Stolt-Nielsen Limited via Thomson Reuters ONE

[HUG#1592373]

Contact Information

  • For further information, please contact:

    DNB Markets
    +47 22 01 77 46

    Nordea Markets
    +47 22 48 77 82

    Swedbank First Securities
    +47 23 11 62 73

    SNL Contacts:

    Jan Chr. Engelhardtsen
    Chief Financial Officer
    U.K. +44 (0) 20 7611 8972
    Email Contact

    Jens F. Gruner-Hegge
    V.P. Corporate Finance
    U.K. +44 (0) 20 7611 8985
    Email Contact