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Stolt-Nielsen Limited : Contemplates New Bond Issue

Stocks in this article: SNI

LONDON, March 3, 2014 (GLOBE NEWSWIRE) -- Stolt-Nielsen Limited (Oslo Børs: SNI) is contemplating the issuance of approximately NOK 1 billion of new senior unsecured bonds in the Norwegian bond market. Proceeds would be used to repay debt and for general corporate purposes.

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.

DNB Markets, Nordea Markets and Swedbank Norway have been appointed as joint lead managers in connection with the potential transaction.

A teleconference will be held on Monday, March 3, 2014 at 11:00am CET (10:00am GMT). The teleconference will be hosted by:

-           Mr. Niels G. Stolt-Nielsen, CEO, Stolt-Nielsen Limited -           Mr. Jan Chr. Engelhardtsen, CFO, Stolt-Nielsen Limited

If you wish to call in to the teleconference, please dial in using one of the following numbers (the call is operator assisted):

United Kingdom                                 08006940257 Participant Std International Dial-In: +44 (0) 1452 555566 Norway                                               21563013 Sweden                                               0850336434 Denmark                                             32727625 Finland                                                0923195187

Attached please find the latest company presentation by Stolt-Nielsen Limited.

For further information, please contact:

Jan Chr. Engelhardtsen                                               Jens F. Grüner-Hegge Chief Financial Officer                                               V.P. Corporate Finance U.K. +44 (0) 20 7611 8972                                        U.K. +44 (0) 20 7611 8985 j.engelhardtsen@stolt.com                                         j.gruner-hegge@stolt.com

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.

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