ST. LOUIS--(BUSINESS WIRE)--Monsanto Company (NYSE: MON) today announced the pricing of a $365 million public debt offering of senior notes that mature in 2045 and bear interest at a rate of 4.30%. This offering is expected to be sold to professional institutional investors in Taiwan, with application to be made to list the notes on the Gre Tai Securities Market. Completion of the offering is subject to customary conditions to closing.
The company indicated that it expects to use the proceeds from the offering for general corporate purposes, which may include capital expenditures and share repurchases.
Monsanto s shelf registration was filed and became effective in June 2014.
This news release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This offering is being made solely by means of a prospectus and prospectus supplement.
Copies of the prospectus and prospectus supplement relating to the notes may be obtained by contacting: Monsanto Company, Attention: Corporate Secretary, 800 N. Lindbergh Boulevard, St. Louis, Missouri, 63167; Telephone (314) 694-1000.
About Monsanto Company
Monsanto is committed to bringing a broad range of solutions to help nourish our growing world. We produce seeds for fruits, vegetables and key crops - such as corn, soybeans, and cotton - that help farmers have better harvests while using water and other important resources more efficiently. We work to find sustainable solutions for soil health, help farmers use data to improve farming practices and conserve natural resources, and provide crop protection products to minimize damage from pests and disease. Through programs and partnerships, we collaborate with farmers, researchers, nonprofit organizations, universities and others to help tackle some of the world s biggest challenges.
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