WHITE PLAINS, N.Y.,
Aug. 10, 2016 /PRNewswire/
-- Bunge Limited (NYSE: BG) today announced that Bunge Limited
Finance Corp., its wholly owned finance subsidiary, has priced a
public offering of $700 million
aggregate principal amount of 3.250% senior notes due 2026.
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 August 15,
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 Inc., J.P. Morgan Securities LLC,
Morgan Stanley & Co. LLC and U.S. Bancorp Investments, Inc. are
acting as joint book-running managers for the offering. BNP
Paribas Securities Corp., Credit Agricole Securities (USA) Inc., HSBC Securities (USA) Inc., Mizuho Securities USA Inc., SMBC Nikko Securities America, Inc.,
and SunTrust Robinson Humphrey, Inc. are acting as senior
co-managers, and ABN AMRO Securities (USA) LLC, ANZ Securities, Inc., BB Securities
Limited, BBVA Securities Inc., Commerz Markets LLC, Deutsche Bank
Securities Inc., ICBC Standard Bank Plc, ING Financial Markets LLC,
nabSecurities, LLC, Natixis Securities Americas LLC, Rabo
Securities USA, Inc., SG Americas
Securities, LLC, Standard Chartered Bank and UniCredit Capital
Markets LLC 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 Inc. toll-free at 1-800-831-9146,
J.P. Morgan Securities LLC collect at 1-212-834-4533, Morgan
Stanley & Co. LLC toll-free at 1-866-718-1649 or U.S. Bancorp
Investments, Inc. toll-free at 1-877-558-2607.
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.
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.
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SOURCE Bunge Limited