OREANDA-NEWS.   Potash Corporation of Saskatchewan Inc. (PotashCorp) today announced that it has priced an offering of US USD 750 million aggregate principal amount of 3.625 percent notes due March 15, 2024.

BofA Merrill Lynch, Morgan Stanley and UBS Investment Bank are acting as joint book-running managers of the offering. BMO Capital Markets, RBC Capital Markets, Scotiabank, CIBC, HSBC, Mitsubishi UFJ Securities, Rabo Securities, TD Securities, Goldman, Sachs & Co., Credit Agricole CIB, SMBC Nikko, US Bancorp, and Comerica Securities are acting as co-managers of the offering.

PotashCorp intends to use the net proceeds of the offering for general corporate purposes, including to refinance its US USD 500 million aggregate principal amount of outstanding 5.250% notes maturing on May 15, 2014. The offering is expected to close on March 7, 2014, subject to customary closing conditions.

The offering is being made under an automatic shelf registration statement filed with the Securities and Exchange Commission on June 28, 2013. The offering may be made only by means of a prospectus and related prospectus supplement, copies of which may be obtained by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, email dg.prospectus_requests@baml.com; Morgan Stanley, Prospectus Department, 180 Varick Street, New York, NY, 10014, telephone: 1-866-718-1649; or UBS Investment Bank, Prospectus Specialist, 299 Park Avenue, New York, NY, 10171, telephone: 1-877-827-6444 extension 561 3884. An electronic copy of the registration statement and prospectus supplement, together with the prospectus, is available on the SEC’s website.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offers of the notes will be made exclusively by means of a prospectus and prospectus supplement.

PotashCorp is the world’s largest crop nutrient company and plays an integral role in global food production. The company produces the three essential nutrients required to help farmers grow healthier, more abundant crops. With global population rising and diets improving in developing countries, these nutrients offer a responsible and practical solution to meeting the long-term demand for food. PotashCorp is the largest producer, by capacity, of potash and among the largest in nitrogen and phosphate. While agriculture is its primary market, the company also produces products for animal nutrition and industrial uses. Common shares of Potash Corporation of Saskatchewan Inc. are listed on the Toronto Stock Exchange and the New York Stock Exchange.