Nufarm Prices US$475m Senior Unsecured Notes Offering

Nufarm Limited announced the pricing by its wholly-owned subsidiaries, Nufarm Australia Ltd and Nufarm Americas Inc, of US$475 million in aggregate principal amount of Senior Unsecured Notes maturing in 2026 (the “Notes”) in an offering to qualified institutional buyers in the United States pursuant to Rule 144A under the United States Securities Act of 1933, as amended (the “Securities Act”), and to certain persons outside the United States in offshore transactions in reliance on Regulation S under the Securities Act. The Notes will have a fixed rate coupon of 5.750%. The settlement of the offering of the Notes is expected to occur in New York on 26 April 2018, and is subject to customary closing conditions.

Nufarm intends to apply the net proceeds received from the Notes to fully repay amounts outstanding under the existing senior unsecured notes on issue (which are due to mature in October 2019) together with repaying some outstanding loans drawn under the Group’s syndicated bank facility


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