OCI N.V. Launches €150 mln Equity Offering, €350 mln Convertible Bond Offering

OCI N.V., the global nitrogen-based fertilizer producer and engineering & construction contractor, announces an equity offering of up to €150 million (the “Equity Offering”) together with €300 million aggregate principal amount of senior unsecured bonds (the “Bonds”) convertible into ordinary shares of OCI N.V. (the “Ordinary Shares”) (the “Convertible Bond Offering” and together with the Equity Offering, the “Offerings”).

The new Ordinary Shares will be offered to institutional investors outside the United States in accordance with Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and to qualified institutional buyers in the United States in accordance with Rule 144A under the Securities Act.

The Convertible Bond Offering will be offered to institutional investors outside the United States in accordance with Regulation S under the Securities Act only.

OCI N.V. intends to use the net proceeds of the Offerings for general corporate purposes including the financing of the extensions to the previously announced exchange offers, to extend its existing maturity profile, and to repay existing debt facilities maturing in the next twelve months.

Settlement of the Bonds is expected to take place on or about 25 September 2013.  Settlement of the Ordinary Shares issued in the Equity Offering is expected to take place on Monday 23 September 2013. On the same date, the Ordinary Shares are expected to be admitted to listing and trading on NYSE Euronext in Amsterdam.

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