Conyers Dill & Pearman advises Stolt-Nielsen on the issuance of senior unsecured bonds
Conyers Dill & Pearman has advised Stolt-Nielsen on the Bermuda law aspects of its issuance of NOK1,250m (£125m) senior unsecured bonds due in 2021.
The proceeds of the issuance will be used to repay debt and for general corporate purposes. An application for listing the bonds will be made to the Oslo Stock Exchange.
Guy Cooper of Conyers’ Bermuda office advised on the matter, working alongside Thommessen and McLaughlin & Stern.
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The Trusts (Special Provisions) Amendment Act 2014 provides certainty regarding how far settlors can go without calling the validity of the trust structure into question.
This memorandum has been prepared for the assistance of those who are considering registration of a foreign limited partnership in the Cayman Islands.