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Yara has successfully priced its second USD bond offer


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Copyright © Hugin AS 2009. All rights reserved.
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


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