PotashCorp Prices Offering of $500M of 10-Year Notes

Potash Corporation of Saskatchewan Inc. (PotashCorp) today announced that it has priced an offering of US $500 million aggregate principal amount of 3.000 percent notes due April 1, 2025. BofA Merrill Lynch, Goldman, Sachs & Co., HSBC and RBC Capital Markets are acting as joint book-running managers of the offering. BMO Capital Markets, Scotiabank, CIBC, Mitsubishi UFJ Securities, Rabo Securities, TD Securities, Morgan Stanley, UBS Investment Bank, Credit Agricole CIB, SMBC Nikko, and US Bancorp are acting as co-managers of the offering. PotashCorp intends to use the net proceeds of the offering for general corporate purposes, which may include the redemption of its US $500 million aggregate principal amount of outstanding 3.750 percent notes maturing on September 30, 2015, although PotashCorp is not required to redeem these notes prior to maturity. The offering is expected to close on March 26, 2015, subject to customary closing conditions. The offering is being made under an automatic shelf registration statement filed with, and declared effective by, 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; Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316, email prospectus-ny@ny.email.gs.com; HSBC Securities (USA) Inc., 452 Fifth Avenue, New York, NY 10018, Attn: Transaction Management Group, telephone (toll-free): 1-866-811-8049, email Debtprospectus@us.hsbc.com; or RBC Capital Markets, LLC, Three World Financial Center, 200 Vesey St. 8th Floor, New York, NY 10281, telephone: 1-866-375-6829. 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.