Yara has successfully priced its second USD bond offer

2009-06-05 08:11:02 -

London, June , 05, 2009

Oslo (2009-06-05): Yara has priced its previously announced 10-year

bond offering of USD 500 million with a yield of 7.95 % per annum.





The bond offering of US$ 500 million due June 11, 2019 was issued

pursuant to rule 144A/Regulation S. The issue was well received in

the market and was priced at a re-offer spread of 424.6 basis points

over the US Treasuries. The offering was placed with a number of high

quality investors.



The bonds have a coupon of 7.875 % per annum.



The new US bond will further increase our financial flexibility and

strengthen our maturity profile, comments Egil Hogna, Chief Financing

Officer of Yara.



Both Moody's and Standard & Poor's have assigned a rating of the

bonds of Baa2 and BBB respectively.







Contact





Torgeir Kvidal, Investor Relations

Telephone  (+47) 24 15 72 95

Cellular (+47) 91 33 98 32

E-mail torgeir.kvidal@yara.com



Jens Hofgaard, Yara Finance

Telephone  (+47) 24 15 74 99

Cellular    (+47) 91 38 97 93

E-mail jens.hofgaard@yara.com



 Yara International ASA is the world's leading chemical company that

converts energy, natural minerals and nitrogen from the air into

essential products for farmers and industrial customers. As the

number one global supplier of mineral fertilizers, we help provide

food for a growing world population. Our industrial product portfolio

includes environmental protection agents that prevent air pollution.

Yara's global workforce of 8000 employees represents the great

diversity and knowledge that enables Yara to remain a leading

performer in the industry.

www.yara.com





This announcement was originally distributed by Hugin. The issuer is 

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