Oslo-Yara International ASA said June 4 that it has decided to launch a new U.S. dollar bond offering. It is Yara’s second ten-year U.S. dollar bond offering pursuant to rule 144A/Regulation S, subject to market conditions. Yara issued its inaugural U.S. dollar bond of 500 million U.S. dollars in December 2004, with maturity in 2014. Yara intends to use the net proceeds of the new issue to repay short term financing.
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