SIOUX CITY, Iowa, April 1 /PRNewswire/ -- Terra Nitrogen Company, L.P.
(NYSE: TNH) (TNCLP) today announced that approximately 13.3 million
of the 13.6 million previously issued and outstanding senior preference
units have converted into common units. The units converted on a
one-for-one basis. These TNCLP common units will commence trading today
on the New York Stock Exchange under the symbol, "TNH." Outstanding
non-converting senior units will trade under the symbol, "TNH PR". As
announced on March 21, 1997, these non-converting senior units will
be redeemed on May 27, 1997 for $21.50 per unit exclusive of any cash
distribution.
Terra Nitrogen Company, L.P. is one of the largest U.S. manufacturers and
marketers of nitrogen fertilizer product.
SOURCE Terra Nitrogen Company L.P.
 back to top
CONTACT:
Paula Norton of Terra Nitrogen Company, L.P.,
712-277-5438
|
