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    Stolt-Nielsen released from Stolt Offshore guarantee

    News // November 12, 2004
    Stolt-Nielsen has announced that it will be released from all of its financial guarantee obligations to Stolt Offshore SA.

    The release will result from Stolt Offshore's new US$350 million securedrevolving credit and guarantee facility, to be underwritten by existing andnew banks, which is scheduled to close later this month.

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