Bli medlem
Bli medlem

Du är här


Yara International ASA: Yara successfully prices third US dollar bond offering

Oslo, 2 June 2016:
Yara International ASA
has successfully priced a new 10-year bond offering of USD 500 million with a
yield of 3.849% per annum.
The bond offering of USD 500 million due June 06, 2026 will be issued pursuant
to Rule 144A/Regulation S. The offering was well received in the market and
was priced at a re-offer spread of 200 basis points over the 10-year US
Treasury. The bonds have a coupon of 3.80% per annum. Yara intends to use the
net proceeds of the new issue for general corporate purposes.

This issue was Yara's third 10-year US dollar bond offering pursuant to Rule
144A/Regulation S. Yara previously issued US dollar bonds of USD 500 million
in June 2009 with maturity in 2019, and USD 500 million in December 2004 with
maturity in 2014.

"The new US bond will further increase our financial flexibility and extend
our maturity profile," says Torgeir Kvidal, Chief Financial Officer of Yara.

Moody's and Standard&Poor's have assigned a rating of the bonds of Baa2
(stable) and BBB (stable), respectively.

The bookrunners on this transaction were Barclays, Citi, Deutsche Bank, and
J.P. Morgan, co-managers were Danske Bank, SEB and SMBC Nikko.

Thor Giæver, Investor Relations

Office: (+47) 24 15 72 95
Cellular: (+47) 48 07 53 56

Petter Jessen, Yara Finance

Cellular: (+47) 92 88 54 94

About Yara

Yara's knowledge, products and solutions grow farmers', distributors' and
industrial customers' businesses profitably and responsibly, while protecting
the earth's resources, food and environment.

Our fertilizers, crop nutrition programs and technologies increase yields,
improve product quality and reduce the environmental impact of agricultural
practices. Our industrial and environmental solutions improve air quality by
reducing emissions from industry and transportation, and serve as key
ingredients in the production of a wide range of goods. We foster a culture
that promotes the safety of our employees, contractors and societies.

Founded in 1905 to solve emerging famine in Europe, today, Yara has a
worldwide presence, with close to 13,000 employees and sales to more than 150
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Yara International ASA via Globenewswire


Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.