Stolt-Nielsen taps banks ahead of offering of five-year bonds, possibly dollar denominated

By Paul A. Harris

Portland, Ore., Aug. 31 – Stolt-Nielsen Ltd. announced in a Thursday press release that it plans to begin meeting with fixed income investors on Tuesday ahead of a possible offering of five-year senior bonds.

The deal could come in dollar-denominated or Norwegian krone-denominated notes, the release stated.

The London-based company mandated Danske Bank, DNB Markets, Nordea and Swedbank to arrange the meetings.

Proceeds would principally be used to refinance notes maturing in March 2018.

Stolt-Nielsen provides integrated transportation and storage solutions for specialty and bulk liquid chemicals.

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