Stolt-Nielsen Limited Contemplates New Bond Issue
London, England - March 8, 2012 - Stolt-Nielsen Limited (Oslo B?rs: 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.
For further information, please contact:
+47 22 01 77 46
+47 22 48 77 82
Swedbank First Securities
+47 23 11 62 73
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.