Viterra Announces Expiry of the Offer to Purchase Its C$200 Million 6.406% Senior Unsecured Notes Due 2021 and That Remaining

Viterra Announces Expiry of the Offer to Purchase Its C$200 Million 6.406% 
Senior Unsecured Notes Due 2021 and That Remaining Outstanding Notes Will Be 
Redeemed on June 13, 2014 
NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: Viterra Inc. 
JUNE 6, 2014 
Viterra Announces Expiry of the Offer to Purchase Its C$200 Million 6.406%
Senior Unsecured Notes Due 2021 and That Remaining Outstanding Notes Will Be
Redeemed on June 13, 2014 
REGINA, SASKATCHEWAN--(Marketwired - June 6, 2014) - Viterra Inc.
("Viterra" or the "Company"), announced that its offer
("Offer") to purchase outstanding 6.406% Senior Unsecured Notes due
2021 ("Notes") issued pursuant to an indenture dated August 6, 2010
(as amended or supplemented the "Indenture") expired at 5:00 p.m.,
Toronto time, on June 5, 2014 (the "Expiration Time") and that it has
accepted for purchase all Notes validly tendered after 10:00 am (Toronto time)
on May 21, 2014 and prior to the Expiration Time at a purchase price of C$1,110
per C$1,000 principal amount of Notes plus accrued and unpaid interest up to,
but excluding, June 6, 2014. 
Viterra also announced that it has delivered notice to the Trustee under the
Indenture exercising Viterra's right to redeem all the Notes that remain
outstanding. The remaining outstanding Notes will be redeemed on June 13, 2014
(the "Redemption Date") at a redemption price of C$1,110 per C$1,000
principal amount of Notes plus accrued and unpaid interest up to but excluding
the Redemption Date. As previously disclosed, the redemption is permitted by
the amendments to the Indenture approved by the holders of Notes at a meeting
held May 23, 2014. 
On and after the Redemption Date, the Notes will no longer be outstanding,
interest thereon will cease to accrue and all rights of the holder of the Notes
will cease to exist, except for the right to receive the redemption price plus
applicable accrued and unpaid interest up to but excluding the Redemption Date. 
Viterra further announces that it obtained the relief sought under a previously
disclosed relief application to the Financial and Consumer Affairs Authority of
Saskatchewan and the Ontario Securities Commission, permitting Viterra to
satisfy its Canadian public disclosure requirements by filing on the System for
Electronic Document Analysis and Retrieval (SEDAR) Glencore plc's
consolidated financial statements, among other of Glencore plc's UK public
disclosure requirements, rather than Viterra's consolidated financial
statements. 
Cautionary Statement on Forward-Looking Statements  
This press release may contain statements that are or may be deemed to be
"forward-looking statements", as defined in the U.S. Private
Securities Litigation Reform Act of 1995 or "forward-looking
information" as defined under applicable Canadian securities legislation.
These forward-looking statements include all matters that are not historical
facts and include, but are not limited to, any statements about the redemption
and Viterra 's beliefs, opinions or current expectations concerning, among
other things, the business, financial condition, results of operations,
prospects, strategies and plans of Viterra and may be (but are not necessarily)
identified by the use of the words "anticipate" "expect",
"believe", "may", "could", "should",
"estimate", "plan", "project",
"intend", "outlook", "forecast",
"likely", "probably" or other similar words are used to
identify such forward-looking information. 
Forward-looking statements are also necessarily based upon a number of
assumptions that, while considered reasonable by management, are inherently
subject to significant business, economic and competitive uncertainties and
contingencies. Viterra cautions the reader that such forward-looking statements
involve known and unknown risks, uncertainties, and other factors that could
cause actual results, performance or achievements of Viterra to differ
materially from any future results, performance or achievements expressed or
implied by such forward-looking statements. All of Viterra's
forward-looking statements are qualified by the assumptions that are stated or
inherent in such forward-looking statements. Although Viterra believes that
these assumptions are reasonable, results may differ materially from results
indicated in forward-looking statements including the possibility that Viterra
will not redeem Notes that remain outstanding on the redemption date. All
factors should be considered carefully when making decisions with respect to
Viterra. Factors that could cause actual results or events to differ materially
from current expectations include, among others, risks related to weather,
politics and governments, changes in environmental and other laws and
regulations, competitive factors in agricultural, food processing and feed
sectors, construction and completion of capital projects, labour, equipment and
material costs, access to capital markets, interest and currency exchange
rates, technological developments, global and local economic conditions, the
ability of Viterra to successfully implement its strategic initiatives and
whether such strategic initiatives will yield the expected benefits, the
operating performance of the Viterra's assets, the availability and price
of commodities and regulatory environment, processes and decisions. By their
nature, forward-looking statements are subject to various risks and
uncertainties, including those risks referred to under the heading "Risks
and Risk Management" in Viterra's management's discussion and
analysis for the year ended December 31, 2013, any of which could cause
Viterra's actual results and experience to differ materially from the
anticipated results or expectations expressed. Additional information on these
and other factors is available in the reports filed by Viterra with Canadian
securities regulators.  
The reader is cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date of this press release. Viterra
undertakes no obligation to update publicly or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as required by law. 
About Viterra 
Viterra is Canada's grain industry leader, supported by the expertise of
its people, a superior network of assets, and unrivalled connections to world
markets. Headquartered in Regina, Saskatchewan, our commitment to agriculture
goes back nearly 100 years, partnering with farmers to market and move their
crops to areas of need around the world. Our continued focus on operational
excellence throughout North America allows us to efficiently handle, process,
distribute and transport grains and oilseeds. We provide further value to our
partners through a wide variety of contracting and risk management tools to
help them realize the full potential of their crops. For more information on
Viterra in North America, please visit www.viterra.com. Viterra is part of the
Agricultural Business Segment of Glencore plc.  
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FOR FURTHER INFORMATION PLEASE CONTACT: 
Viterra Inc.
Peter Flengeris
(306) 569-4810
peter.flengeris@viterra.com 
INDUSTRY:  Food and Beverage - Beverages Non Alcoholic and
Alcohol-Wine/Spirits, Food and Beverage - Dairy, Food and Beverage - Food, Food
and Beverage - Ingredients 
SUBJECT:  STK 
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-0- Jun/06/2014 11:00 GMT
 
 
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