|
London - September 12, 2023 Stolt-Nielsen Limited (Oslo Bors: SNI) today announced the successful placement of a new senior unsecured bond issue of NOK 1.20 billion with maturity date September 26, 2028. The bond carries a coupon of 3 months NIBOR + 315 bps p.a. with quarterly interest payments. The transaction was oversubscribed. The company has swapped the new bond into USD obligations at a fixed interest rate of 7.8225%. Danske Bank, DNB Markets, Nordea and SEB acted as joint lead managers for the bond issue. An application will be made for the bonds to be listed on Oslo Stock Exchange. Certain primary insiders and close associates have subscribed and was allocated bonds in the bond issue. About Stolt-Nielsen Limited Stolt-Nielsen (SNL or the Company) is a long-term investor and manager of businesses focused on opportunities in logistics, distribution and aquaculture. The Stolt-Nielsen portfolio consists of its three global bulk-liquid and chemicals logistics businesses Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers Stolt Sea Farm and various investments. Stolt-Nielsen Limited is listed on the Oslo Stock Exchange (Oslo Børs: SNI). Stolt-Nielsen S.A. press release 
|
