Nutrien completes $1.0 billion placement of Series B Common Shares on Santiago Stock Exchange

Client(s) Nutrien Ltd.

Jones Day represented Nutrien Ltd., the world's largest provider of crop inputs and services, in connection with the placement of 100 percent of Series B Common Shares in Sociedad Quimica y Minera de Chile S.A. held by its Chilean subsidiaries to Chilean investors, certain other non-U.S. persons, and qualified institutional buyers within the meaning of Rule 144A under the U.S. Securities Act of 1933.

The placement was conducted by means of a bookbuild auction on the Santiago Stock Exchange in a process known as subasta de libro de ordenes. 20,166,319 shares were placed at a price of approximately U.S.$49.34 per share, for gross proceeds to Nutrien of approximately US$1.0 billion.