Prospectus • Sep 24, 2013
Prospectus
Open in ViewerOpens in native device viewer
Amsterdam, the Netherlands / 24 September 2013 3:00 PM
OCI N.V. announced today that its subsidiary, OCI Partners LP (the "Partnership"), has commenced an initial public offering of 17,500,000 common units representing limited partner interests in the Partnership ("Common Units") pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission ("SEC"). The Partnership intends to grant the underwriters a 30-day option to purchase up to an additional 2,625,000 Common Units. The Common Units have been approved for listing on the New York Stock Exchange and will trade under the symbol "OCIP."
The offering represents a 21.7% limited partner interest in the Partnership, or a 25.0% limited partner interest if the underwriters exercise in full their option to purchase additional Common Units. OCI NV, through certain of its subsidiaries, will hold a non-economic general partner interest and the remaining limited partner interest in the Partnership.
BofA Merrill Lynch, Barclays and Citigroup are acting as joint book-running managers for the offering. Allen & Company LLC and J.P. Morgan are co-managers for the offering. This offering of common units will be made only by means of a written prospectus. When available, a written prospectus, which meets the requirements of Section 10 of the Securities Act of 1933, may be obtained from:
BofA Merrill Lynch 222 Broadway New York, NY 10038 Attention: Prospectus Department Email: dg.prospectus\[email protected]
Barclays c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Phone: (800) 603-5847 Email: [email protected]
Citigroup c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Phone: (800) 831-9146 Email: [email protected]
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The registration statement is available on the SEC's website at www.sec.gov. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
OCI Partners LP is a master limited partnership that owns and operates a recently upgraded, integrated methanol and ammonia production facility that is strategically located on the Texas Gulf Coast near Beaumont. The Partnership is headquartered in Nederland, Texas. OCI Beaumont currently has a methanol production capacity of 730,000 metric tons per year and an ammonia production capacity of 264,990 metric tons per year.
OCI N.V. is a global nitrogen-based fertilizer producer and engineering & construction contractor based in the Netherlands. The Fertilizer Group owns and operates nitrogen fertilizer plants in the Netherlands, the United States, Egypt and Algeria and has an international distribution platform spanning from the Americas to Asia. The Fertilizer Group ranks among the world's top fertilizer producers with a fertilizer production capacity of nearly 7 million metric tons. The Construction Group provides international engineering and construction services primarily on infrastructure, industrial and high-end commercial projects in the United States, Europe, the Middle East, North Africa and Central Asia for public and private clients. The Construction Group ranks among the world's top global contractors. OCI N.V. employs more than 75,000 people in 35 countries around the globe and is listed on the NYSE Euronext in Amsterdam.
Omar Darwazah Email: [email protected]
Erika Wakid Email: [email protected]
Hassan Badrawi Email: [email protected] Director
Tel: +44 207 439 4801
Fax: +44 207 439 4802
Mijnweg 1, 6167 AC Geleen, The Netherlands
OCI N.V. stock symbols: OCI / OCI.NA / OCI.AS / OCINY
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.