Stolt-Nielsen may issue up to NOK 700 million of new senior bonds

By Susanna Moon

Chicago, March 25 – Stolt-Nielsen Ltd. said it is considering the issue of up to NOK 700 million of new senior bonds in the Norwegian bond market.

Proceeds will be used for general corporate purposes.

Danske Bank Markets, DNB Markets, Nordea Markets and Pareto Securities are the joint lead managers.

The offering will be made to Norwegian professional investors and eligible counterparties, to non-U.S. persons and qualified institutional buyers under Rule 144A.

London-based Stolt-Nielsen provides integrated transportation solutions for bulk liquid chemicals, edible oils, acids and other specialty liquids.

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