In a filing with the Oslo bourse the company said the fundraiser involved the sale of ten-year notes that are secured by its terminal in Houston.
The operator also pointed out that proceeds from the private placement will be used to repay existing debt and “general corporate purposes”.
Stolt, which is led by chief executive Niels Stolt-Nielsen, is headquartered in Bermuda but its network spans the globe.
In addition to terminals the company oversees an extensive fleet of parcel tankers and is active in other businesses as well.
