Current Report Filing (8-k)
December 06 2016 - 11:00AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
December 1, 2016
(Date of earliest event reported)
Potash
Corporation of Saskatchewan Inc.
(Exact name of registrant as specified in its charter)
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Canada
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1-10351
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Not Applicable
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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Suite 500, 122 - 1
st
Avenue South
Saskatoon, Saskatchewan, Canada S7K 7G3
(Address of principal executive offices, including zip code)
(306) 933-8500
(Registrants telephone number, including area code)
Not Applicable
(Former
name or former address, if changed since last report)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.03
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Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
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On December 1, 2016, Potash Corporation of Saskatchewan Inc.
(PotashCorp) entered into a terms agreement (including the underwriting agreement attached thereto as Exhibit I, collectively, the Terms Agreement) with Morgan Stanley & Co. LLC, as lead underwriter of the several
underwriters named therein, under which PotashCorp agreed to issue and sell to the several underwriters $500,000,000 aggregate principal amount of PotashCorps 4.000% Notes due December 15, 2026 (the Notes). The issuance of the
Notes and payment therefor occurred on December 6, 2016. The foregoing disclosure is qualified in its entirety by reference to the Terms Agreement, which is attached hereto as Exhibit 1(a) and incorporated herein by reference.
The Notes were issued under the Indenture, dated as of February 27, 2003, by and between PotashCorp and U.S. Bank National Association,
as successor to The Bank of Nova Scotia Trust Company of New York, as trustee. The Indenture is filed as Exhibit 4(c) to PotashCorps Annual Report on Form 10-K for the fiscal year ended December 31, 2002 and incorporated herein by
reference. The terms of the Notes are set forth in the form of 4.000% Notes due December 15, 2026, attached hereto as Exhibit 4(a) and incorporated herein by reference.
In addition, in connection with the public offering of the Notes, PotashCorp is filing the items listed below as exhibits to this Current
Report on Form 8-K for the purpose of incorporating such items as exhibits in its Registration Statement on Form S-3 (File No. 333-212301). The items filed as exhibits to this Current Report on Form 8-K are hereby incorporated into such
Registration Statement by reference.
Item 9.01
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Financial Statements and Exhibits
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Exhibit Number
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Exhibit Description
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1(a)
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Terms Agreement, dated December 1, 2016, among Potash Corporation of Saskatchewan Inc. and the underwriters named therein.
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4(a)
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Form of 4.000% Notes due December 15, 2026.
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4(b)
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Indenture, dated as of February 27, 2003, between Potash Corporation of Saskatchewan Inc. and U.S. Bank National Association, as successor to The Bank of Nova Scotia Trust Company of New York, incorporated by reference to exhibit
4(c) to the registrants Annual Report on Form 10-K for the year ended December 31, 2002.
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5(a)
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Opinion of Stikeman Elliott LLP regarding the legality of certain securities.
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5(b)
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Opinion of Jones Day regarding the legality of certain securities.
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8(a)
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Opinion of Davies Ward Phillips & Vineberg LLP regarding Canadian tax matters.
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8(b)
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Opinion of Jones Day regarding United States tax matters.
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23(a)
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Consent of Stikeman Elliott LLP (included in Exhibit 5(a) hereof).
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23(b)
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Consent of Jones Day (included in Exhibits 5(b) and 8(b) hereof).
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23(c)
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Consent of Davies Ward Phillips & Vineberg LLP (included in Exhibit 8(a) hereof).
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, hereunto duly authorized.
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POTASH CORPORATION OF SASKATCHEWAN INC.
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By:
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/s/ Denis A. Sirois
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Name:
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Denis A. Sirois
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Title:
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Vice President and Corporate Controller
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Dated: December 6, 2016
Index to Exhibits
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Exhibit Number
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Exhibit Description
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1(a)
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Terms Agreement, dated December 1, 2016, among Potash Corporation of Saskatchewan Inc. and the underwriters named therein.
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4(a)
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Form of 4.000% Notes due December 15, 2026.
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4(b)
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Indenture, dated as of February 27, 2003, between Potash Corporation of Saskatchewan Inc. and U.S. Bank National Association, as successor to The Bank of Nova Scotia Trust Company of New York, incorporated by reference to exhibit
4(c) to the registrants Annual Report on Form 10-K for the year ended December 31, 2002.
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5(a)
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Opinion of Stikeman Elliott LLP regarding the legality of certain securities.
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5(b)
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Opinion of Jones Day regarding the legality of certain securities.
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8(a)
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Opinion of Davies Ward Phillips & Vineberg LLP regarding Canadian tax matters.
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8(b)
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Opinion of Jones Day regarding United States tax matters.
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23(a)
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Consent of Stikeman Elliott LLP (included in Exhibit 5(a) hereof).
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23(b)
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Consent of Jones Day (included in Exhibits 5(b) and 8(b) hereof).
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23(c)
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Consent of Davies Ward Phillips & Vineberg LLP (included in Exhibit 8(a) hereof).
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