WHITE PLAINS, N.Y.,
June 9, 2016 /PRNewswire/
-- Bunge Limited (NYSE: BG) today announced that Bunge
Finance Europe B.V., its wholly owned finance subsidiary, has
priced a public offering of €600,000,000 aggregate principal amount
of 1.850% senior notes due 2023. The senior notes will be
guaranteed by Bunge Limited. The offering was made pursuant
to a registration statement filed with the U.S. Securities and
Exchange Commission. The transaction is expected to close on
June 16, 2016.
Bunge Limited intends to use the net proceeds from this offering
for general corporate purposes, including, but not limited to, the
repayment of outstanding indebtedness, which may include
indebtedness under its revolving credit facilities.
Citigroup Global Markets Limited, BNP Paribas, J.P. Morgan
Securities plc and ING Bank N.V. are acting as joint book-running
managers for the offering. ABN AMRO Bank N.V., Coöperatieve
Rabobank U.A., Crédit Agricole Corporate and Investment Bank, HSBC
Bank plc, Lloyds Bank plc, SMBC Nikko Capital Markets Limited, and
Société Générale are acting as senior co-managers, and ANZ
Securities, Inc., Banco Bilbao Vizcaya Argentaria, S.A., Barclays
Bank PLC, Commerzbank Aktiengesellschaft, Deutsche Bank AG,
London Branch, ICBC Standard Bank
Plc, Natixis, Standard Chartered Bank, and UniCredit Bank AG are
acting as co-managers.
This offering of senior notes may be made only by means of the
prospectus supplement and the accompanying prospectus related to
the offering. Copies of the prospectus supplement and the
accompanying prospectus relating to the offering can be obtained by
calling Citigroup Global Markets Limited toll-free at (800)
831-9146, BNP Paribas toll-free at (800) 854-5674, J.P. Morgan
Securities plc collect at +44 (0)207-134-2468 or ING Bank N.V. toll
free at +31 20-563-8019.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of,
these senior notes in any jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such
jurisdiction.
The prospectus in the registration statement and the prospectus
supplement relating to the offering have been prepared on the basis
that any offer of notes in any Member State of the European
Economic Area (each, a "Member State") will be made pursuant to an
exemption under Directive 2003/71/EC of the European Parliament and
the Council of 4 November 2003 as
amended (the "Prospectus Directive") from the requirement to
publish a prospectus for offers of notes. Accordingly any person
making or intending to make an offer in that Member State of notes
which are the subject of the offering contemplated in the
prospectus supplement may only do so in circumstances in which no
obligation arises for Bunge Limited, Bunge Finance Europe B.V. or
any of the underwriters to publish a prospectus pursuant to Article
3 of the Prospectus Directive or supplement a prospectus pursuant
to Article 16 of the Prospectus Directive, in each case, in
relation to such offer. Neither we nor the joint bookrunners have
authorized, nor do they authorize, the making of any offer of notes
in circumstances in which an obligation arises for us or the
underwriters to publish or supplement a prospectus for such
offer.
The prospectus in the registration statement and the prospectus
supplement relating to the offering are for distribution only to
persons who (i) have professional experience in matters relating to
investments falling within Article 19(5) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005 (as amended,
the "Financial Promotion Order"), (ii) are persons falling within
Article 49(2)(a) to (d) ("high net worth companies, unincorporated
associations etc.") of the Financial Promotion Order, (iii) are
outside the United Kingdom, or
(iv) are persons to whom an invitation or inducement to engage in
investment activity (within the meaning of section 21 of the
Financial Services and Markets Act 2000) in connection with the
issue or sale of any securities may otherwise lawfully be
communicated or caused to be communicated (all such persons
together being referred to as "relevant persons"). The prospectus
in the registration statement and the prospectus supplement
relating to the offering are directed only at relevant persons and
must not be acted on or relied on by persons who are not relevant
persons. Any investment or investment activity to which the such
documents relate is available only to relevant persons and will be
engaged in only with relevant persons.
Relevant stabilization regulations including FCA / ICMA
apply.
About Bunge Limited
Bunge Limited
(www.bunge.com, NYSE: BG) is a leading global agribusiness and food
company operating in over 40 countries with approximately 35,000
employees. Bunge buys, sells, stores and transports oilseeds and
grains to serve customers worldwide; processes oilseeds to make
protein meal for animal feed and edible oil products for commercial
customers and consumers; produces sugar and ethanol from sugarcane;
mills wheat, corn and rice to make ingredients used by food
companies; and sells fertilizer in South
America. Founded in 1818, the company is headquartered in
White Plains, New York.
Cautionary Statement Concerning Forward-Looking
Statements
This press release contains both historical and
forward-looking statements. All statements, other than statements
of historical fact are, or may be deemed to be, forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward looking statements are not based
on historical facts, but rather reflect our current expectations
and projections about our future results, performance, prospects
and opportunities, including statements with respect to the
completion, timing and anticipated use of proceeds of the offering.
We have tried to identify these forward looking statements by
using words including "may," "will," "should," "could," "expect,"
"anticipate," "believe," "plan," "intend," "estimate," "continue"
and similar expressions. These forward looking statements are
subject to a number of risks, uncertainties and other factors that
could cause our actual results, performance, prospects or
opportunities to differ materially from those expressed in, or
implied by, these forward looking statements, including those risk
factors described in or incorporated by reference in the prospectus
supplement for the offering. The following important factors,
among others, could affect our business and financial performance:
industry conditions, including fluctuations in supply, demand and
prices for agricultural commodities and other raw materials and
products used in our business; fluctuations in energy and freight
costs and competitive developments in our industries; the effects
of weather conditions and the outbreak of crop and animal disease
on our business; global and regional agricultural, economic,
financial and commodities market, political, social and health
conditions; the outcome of pending regulatory and legal
proceedings; our ability to complete, integrate and benefit from
acquisitions, dispositions, joint ventures and strategic alliances;
our ability to achieve the efficiencies, savings and other benefits
anticipated from our cost reduction, margin improvement and other
business optimization initiatives; changes in government policies,
laws and regulations affecting our business, including agricultural
and trade policies, tax regulations and biofuels legislation; and
other factors affecting our business generally. The forward-looking
statements included in this release are made only as of the date of
this release, and except as otherwise required by federal
securities law, we do not have any obligation to publicly update or
revise any forward-looking statements to reflect subsequent events
or circumstances.
SOURCE Bunge Limited