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



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.




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Source: Copeinca via Thomson Reuters ONE
[HUG#1669754]


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