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Stolt-Nielsen Secures $250m Financing

Maritime Activity Reports, Inc.

February 19, 2015

Stolt-Nielsen Limited 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 Stolt-Nielsen’s terminal in Houston. 
 
Proceeds from the notes will be used to repay existing financial indebtedness and for general corporate purposes, Stolt-Nielsen said.