Taminco Announces Pricing of Secondary Offering of Common Stock

ALLENTOWN, Pa., Dec. 11, 2013 /PRNewswire/ -- Taminco Corporation (NYSE: TAM) (the "Company") announced today that the previously announced public secondary offering of 10,000,000 shares of its common stock by certain of the Company's stockholders priced at a price to the public of $20.00 per share (the "Offering").  In connection with the Offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares.  The Offering is expected to close on December 17, 2013, subject to customary closing conditions.  All of the shares in the Offering are being offered by selling stockholders.  The Company will not receive any of the proceeds from the Offering.

Citigroup, Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Jefferies, Morgan Stanley and UBS Investment Bank are acting as joint book-running managers for the Offering. ING, KBC Securities USA, Inc., Rabobank, SMBC Nikko and Apollo Global Securities are serving as co-managers for the Offering. 

The registration statement relating to the securities has been declared effective by the Securities and Exchange Commission. Copies of the final prospectus relating to this Offering, when available, may be obtained from:  Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, phone: 800-831-9146; Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282 or by emailing prospectus-ny@ny.email.gs.com; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, telephone: 1-800-221-1037 or by emailing newyork.prospectus@credit-suisse.com; or Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, by email to prospectus.cpdg@db.com, or by telephone at (800) 503-4611.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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.

About Taminco
Taminco is the world's largest integrated producer of alkylamines and alkylamine derivatives. Taminco's products are used by its customers in the manufacture of a diverse array of everyday products for the agriculture, water treatment, personal & home care, animal nutrition and oil & gas end-markets. Taminco's products provide these goods with a variety of ancillary characteristics required for optimal performance.  Taminco currently employs about 800 people and operates in 19 countries with seven production facilities in the US, Europe and Asia.

Forward-Looking Statements
This press release contains forward-looking statements, which are subject to substantial risks, uncertainties and assumptions. You should not place reliance on these statements.  Forward-looking statements include information concerning the proposed Offering.  These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "seek," "will," "may" or similar expressions.  Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that we will effect the Offering. Accordingly, you should not place undue reliance on these forward-looking statements. All such statements speak only as of the date made, and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

 

SOURCE Taminco Corporation



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