Stolt-Nielsen Limited (Oslo Børs: SNI) announced today that it has mandated Danske Bank, DNB Markets, Nordea, and SEB to arrange a series of fixed income investor meetings starting tomorrow.
Following these investor calls, a Norwegian Krone (NOK) denominated five-year senior unsecured bond issue may follow, depending on market conditions. The proceeds from the potential bond issue are planned to be used for general corporate purposes.
The company's portfolio includes three global bulk-liquid and chemicals logistics businesses: Stolt Tankers, Stolthaven Terminals, and Stolt Tank Containers. It also holds investments in Stolt Sea (NYSE:SE) Farm and various other entities.
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