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COPEINCA SUCESSFULLY REOPENS 9.000% USD 175 MILLION SENIOR NOTES DUE 2017


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-11 08:04:28 -

Reference is made to the announcement from Copeinca ASA ("Copeinca ASA considers
possible debt issuance") dated 10 January 2013.

Copeinca  has successfully reopened its  9.000% USD 175 million senior notes due
2017 raising  gross  proceeds  of  USD  75 million,  which will be guaranteed by
Copeinca ASA.

The  Notes will be issued  as additional notes of,  and will form a single issue
with, the USD 175 million 9.00% Notes due 2017 issued on February 10, 2010.  The
total  aggregate  principal  amount  of  the  9.00% Notes  due 2017 that will be
outstanding following this reopening will be USD 250 million.

The  net proceeds from the bond issue will be used to repay 
leases that are part of the company's financial debt, capital expenditures and the remainder for general corporate purposes. "We are delighted to announce the reopening of our 9.000% USD 175 million senior notes due 2017.  It is noteworthy we were able to raise USD 75 million in one morning, at a price of 107, with a total book size of USD 329 million, an oversubscription of 4.4.x." says Pablo Trapunsky, CEO of Copeinca ASA. For further information, please contact: CEO Pablo Trapunsky, ptrapunsky@copeinca.com.pe CFO Angel Chiri, achiri@copeinca.com.pe Tel. (511) 213-4000 About Copeinca ASA Copeinca ASA is one of the largest fishmeal and fish oil producers in Peru. The Company produces its fishmeal and fish oil from anchovy harvested off the coast of Peru, and most of its production is exported. Key countries for export are China, Japan, Germany, Canada, Chile and Denmark.  Typical customers are fish and animal feed producers as well as refineries for omega-3 products.  Copeinca ASA runs its operations out of Lima and has its own fleet.  Copeinca ASA operates 5 plants located in strategic locations all around the Peruvian coast line. The company has around 1,400 part and full time employees. Please visit www.copeinca.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Copeinca via Thomson Reuters ONE [HUG#1669754]


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