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Sarens
USA
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SARENS
IN THE USA

Sarens entered US Heavy lift and heavy haul space in 2009 by acquiring Rigging International, a company based in California. We officialy changed the name to Sarens USA, INC. in 2012.

Sarens USA, INC has offices in Houston from where we cover the Gulf area, in Montana from where we cover the Midwest, and in Rowesville from where we cover the East coast.

SERVICES

We provide Engineered Heavy Lifting Services

Heavy Lifting

  • We provide Project-based heavy lift services
  • Turnaround maintenance
  • Installation of turbines & generators
  • Erection of steel structures
  • Erection of heat exchangers
  • Installation of mechanical equipment, drums, casing / inlet ducts, vessels, pumps

Heavy Transport Services

  • Out of Gauge and abnormal load transport
  • Project based heavy transport
  • Rental of specialized transport equipment
  • Factory-to-Foundation

Decomissioning and Dismantling Services

Rental Services

  • We provide bare lease as well as operated rentals services
  • Skidding & jacking

OUR
MARKETS

  • New nuclear plant construction
  • Operating nuclear plant
  • Small Modular Reactor (SMR)
  • Decommissioning
  • Department of Energy (DOE)
  • Government
  • Thermal power plants
  • Oil & Gas
  • Petrochemical
  • Major civil projects including:
    • Airports
    • Bridges
    • Stadia
    • Ports & yards
    • Oversized heavy haul

EQUIPMENT

  • Hydraulic cranes
  • Cranes ranging from 90T to 3200T
  • Hydraulic jacks
  • Strand jacks
  • Self Propelled Modular Trailers
  • Semi trailers
  • Out of Gauge transport

OFFICES

Houston, Texas (Office & Yard)
10855 John Ralston Rd
Houston, TX 77044
Tel: 832 536 3669
Fax: 832 615 2678

Missoula, Montana (Office)
7168 Expressway
Missoula, MT 59808
Tel: 406 543 4427
Fax: 406 543 4505
Conf Rm: 406 532 3093

Rowesville, South Carolina (Office & Yard)
122 River Dr
Rowesville, SC 29133
Tel: 803 534 1348

Sorrento LA (Yard)
9204-A Highway 61
Sorrento, LA 70778

Sales
info.USA@sarens.com

Accounts
SarensUS.AP@sarens.com

Debt Instruments

On January 14, 2015 Sarens Finance Company NV, a direct subsidiary of Sarens Bestuur NV,  successfully completed a €125m placement of Senior Notes.

The proceeds from the offering will be used to acquire assets currently held off balance sheet under operating leases and purchase options, to repay certain indebtedness and fund related transaction fees and expenses.

Accessing the Benelux and  international bond markets was a logical step as Sarens continues to grow and expand its international presence. The ability to raise €125m at 5.125% provided Sarens with an optimal transaction size and interest rate that is fully complementary of its existing debt financings and will provide operational and financial flexibility going forward.

Terms and conditions

Issuer
Sarens Finance Company NV, a limited liability company incorporated under the laws of Belgium.

Parent Guarantor
Sarens Bestuur NV

Subsidiary Guarantor
Sarens UK Ltd, Sarens Cranes Ltd, Sarens Materieel B.V., Sarens BE NV, Sarens NL and any future guarantors that are subsidiaries of the Company, which provide the Subsidiary Guarantees.

Notes Offered
€125.0 million aggregate principal amount of 5.125% Senior Notes due 2022.

Issue Date
February 5, 2015 and October 7, 2016

Issue Price
100.000% (plus accrued interest, if any, from the Issue Date)

Maturity Date
February 5, 2022

Interest Rate
The Notes will bear interest at a rate of 5.125% per annum.

Interest Payment Dates
Interest on the Notes will be payable semi-annually in arrears on February 5 and August 5 of each year, commencing on August 5, 2015, and on the Maturity Date. Interest on the Notes will accrue on the Issue Date.

Denomination
Minimum denomination of €100,000 and integral multiples of €100,000 in excess thereof.

Change of Control
Upon the occurrence of certain events constituting a change of control, the Issuer may be required to redeem the Notes at a purchase price in cash equal to 101% of the principal amount thereof on the date of purchase plus accrued and unpaid interest, if any, to the date of purchase, other than with respect to any Notes of holders which do not require such redemption.

Redemption prices
2018: 102.563%
2019: 101.281%
2020 and thereafter: 100.00%

Governing law for the Notes, Guarantees and Indenture
New York law

Governing law for the Subordination Agreement
English law

Agents
Trusty and Security Agent: The Bank of new York Mellon, London Branch

Listing and Paying Agent: ING Belgium SA/NV

Domiciliary Agent: ING Belgium SA/NV

Registrar and Transfer Agent: The Bank of New York Mellon (Luxembourg) S.A.