Stolt-Nielsen Limited: Stolt-Nielsen Limited Secures $250 Million Financing

LONDON, February 19, 2015 - Stolt-Nielsen Limited (Oslo Boers: SNI) announced today that it has closed a $250 million private placement with American International Group (AIG). The private placement has a term of 10 years and is secured by the Company's terminal in Houston.  Proceeds from the notes will be used to repay existing financial indebtedness and for general corporate purposes.

Contacts:

Jan Chr. Engelhardtsen
Chief Financial Officer
UK [phone]
[e-mail]

Jens F. Grüner-Hegge
V.P. Corporate Finance
UK [phone]
[e-mail]

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 develops opportunities in LPG and LNG shipping and distribution. Stolt-Nielsen Limited is listed on the Oslo Stock Exchange

 

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

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Source: Stolt-Nielsen Limited via Globenewswire

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