Coffee beans

Yara launches US dollar bond offering

Dec 01, 2004
Yara launches a 10-year US dollar bond offering pursuant to rule 144A/Regulation S, subject to market conditions. Yara intends to use the net proceeds of the issue to pay down part of the company's outstanding USD 750 million 364-day loan, which was established as a bridge to a more long term funding at the demerger from Norsk Hydro ASA.
 
 
 
Egil Hogna, Investor Relations
Telephone  (+47) 24 15 71 66
Cellular (+47) 90 187 865
 
Arne Cartridge, Media Relations
Telephone (+47) 24 15 73 01
Cellular (+47) 47 900 900
 
Yara International ASA is the world's leading supplier of mineral fertilizers with particular strength in nitrogen based fertilizers. Yara has a local presence in 50 countries worldwide. Yara sells more than 20 million tonnes of mineral fertilizers in more than 120 countries. Yara offers fertilizers meeting the nutrient needs of local crops supported by agronomic advice to make farming more profitable and agriculture more sustainable. Yara has a strong position in industrial markets in Europe as a supplier of nitrogen based chemicals and is the leading supplier of liquid CO2.
 
 
This announcement does not constitute an offer of securities for sale in the United States.  The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States or to or for the benefit of U.S. persons except pursuant to an exemption from registration. Any offering of the Company's securities will be made only by means of a prospectus/listing particulars that will contain detailed information about the Company and its management, as well as financial statements. There shall not be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.  Neither this announcement nor any copy hereof may be taken or transmitted into the United States, Japan, Canada or Australia or distributed directly or indirectly in the United States, Japan, Canada or Australia.
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