WHITE PLAINS, N.Y.,
March 8, 2011 /PRNewswire/ -- Bunge
Limited (NYSE: BG) today announced that Bunge Limited Finance
Corp., its wholly owned finance subsidiary, has priced a public
offering of $500 million aggregate
principal amount of 4.10% Senior Notes due 2016. The senior
notes will be guaranteed by Bunge Limited. The offering was
made pursuant to a registration statement filed with the Securities
and Exchange Commission. The transaction is expected to close
on March 11, 2011.
Bunge intends to use the net proceeds of this offering for
general corporate purposes, including working capital.
Citigroup Global Markets Inc., J.P. Morgan Securities LLC and
RBS Securities Inc. are acting as joint book-running managers for
the offering. BNP Paribas Securities Corp., HSBC Securities
(USA) Inc. and SG Americas
Securities, LLC are acting as Senior Co-Managers; and Credit
Agricole Securities (USA) Inc.,
ING Financial Markets LLC, Mitsubishi UFJ Securities (USA), Inc. and Standard Chartered Bank are
acting as Co-Managers.
This offering of senior notes may be made only by means of the
prospectus supplement and the accompanying prospectus. Copies
of the prospectus supplement and the accompanying prospectus
relating to this offering can be obtained by calling Citigroup
Global Markets Inc. toll-free at 1-877-858-5407, J.P. Morgan
Securities LLC collect at 1-212-834-4533 or RBS Securities Inc.
toll-free at 1-866-884-2071.
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
Bunge Limited is a leading global agribusiness and food company
with approximately 32,000 employees in more than 30 countries.
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 and corn to make ingredients used by food companies;
and sells fertilizer in North and 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