-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wl5IohxsRRb8B9lAT5vM4ALOSQ5lEZsEs7pzkwErfcg0MSVOzRAyQyfG41+9rJHc U1heX0XhEan/X9WrDM/DSQ== 0001104659-10-040057.txt : 20100728 0001104659-10-040057.hdr.sgml : 20100728 20100728111654 ACCESSION NUMBER: 0001104659-10-040057 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20100728 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100728 DATE AS OF CHANGE: 20100728 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TERRA NITROGEN CO L P /DE CENTRAL INDEX KEY: 0000879575 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 731389684 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-43007 FILM NUMBER: 10973396 BUSINESS ADDRESS: STREET 1: 4 PARKWAY NORTH, SUITE 400 CITY: DEERFIELD STATE: IL ZIP: 60015 BUSINESS PHONE: (847) 405-2400 MAIL ADDRESS: STREET 1: 4 PARKWAY NORTH, SUITE 400 CITY: DEERFIELD STATE: IL ZIP: 60015 FORMER COMPANY: FORMER CONFORMED NAME: TERRA NITROGEN Co DATE OF NAME CHANGE: 20100721 FORMER COMPANY: FORMER CONFORMED NAME: TERRA NITROGEN CO L P /DE DATE OF NAME CHANGE: 19950324 8-K 1 a10-14761_18k.htm 8-K

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 28, 2010

 

TERRA NITROGEN COMPANY, L.P.

(Exact name of registrant as specified in its charter)

 

Delaware

 

033-43007

 

73-1389684

(State or other jurisdiction

 

(Commission File Number)

 

(IRS Employer

of incorporation)

 

 

 

Identification Number)

 

4 Parkway North, Suite 400

Deerfield, IL

 

60015

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (847) 405-2400

 

Terra Centre

600 Fourth Street, P.O. Box 6000

Sioux City, Iowa

 

51102-6000

(Address of principal executive offices)

 

(Zip Code)

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

ITEM 2.02                                    RESULTS OF OPERATIONS AND FINANCIAL CONDITION

 

On July 28, 2010, Terra Nitrogen Company, L.P., a Delaware limited partnership, issued a press release announcing a cash distribution for the quarter ended June 30, 2010. A copy of the press release is furnished herewith as Exhibit 99.1.

 

ITEM 9.01             FINANCIAL STATEMENTS AND EXHIBITS

 

(d)                                 Exhibits

 

99.1         Press release, dated July 28, 2010

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

TERRA NITROGEN COMPANY, L.P.

 

By: Terra Nitrogen GP Inc.

 

Its: General Partner

 

 

 

/s/ Douglas C. Barnard

 

Name:

Douglas C. Barnard

 

Title:

Vice President, General Counsel, and

 

 

Corporate Secretary

 

 

 

Date: July 28, 2010

 

 

3



 

EXHIBIT INDEX

 

Exhibit

 

 

Number

 

Description

 

 

 

99.1

 

Press release, dated July 28, 2010

 

4


EX-99.1 2 a10-14761_1ex99d1.htm EX-99.1

Exhibit 99.1

 

GRAPHIC

Terra Nitrogen Company, L.P.

A CF Industries Company

GRAPHIC

FOR MORE INFORMATION, CONTACT:

Terry Huch

Senior Director, Investor Relations &
Corporate Communications

847/405-2515

thuch@cfindustries.com

 

Terra Nitrogen Company, L.P. Declares Cash Distribution

 

DEERFIELD, Ill., July 28, 2010 (BUSINESS WIRE) —Terra Nitrogen Company, L.P. (TNCLP) (NYSE: TNH) today declared a cash distribution for the quarter ended June 30, 2010, of $2.36 per common limited partnership unit payable August 25, 2010, to holders of record as of August 10, 2010.

 

Cash distributions depend on TNCLP’s earnings, which can be affected by nitrogen selling prices, natural gas costs, seasonal demand factors, production levels and weather, as well as cash requirements for working capital needs and capital expenditures. Cash distributions per limited partnership unit also vary based on increasing amounts allocable to the General Partner when cumulative distributions exceed targeted levels. With this distribution, TNCLP cumulative distributions exceed targeted levels.

 

TNCLP will report full second quarter 2010 results on August 5, 2010.

 

About TNCLP

 

Terra Nitrogen Company, L.P. is a leading manufacturer of nitrogen fertilizer products.

 

TNCLP Distributions

 

This release serves a qualified notice to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b). Please note that 100 percent of the Partnership’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership’s distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate.

 

Forward-Looking Statements

 

Certain statements in this communication may constitute “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. As a result, these statements speak only as of the date they were made and TNCLP undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.

 

TERRA NITROGEN COMPANY, L.P.   ·   4 PARKWAY NORTH   ·   SUITE 400   ·   DEERFIELD, IL 60015

WWW.CFINDUSTRIES.COM    ·   847/405-2515   ·   NYSE TICKER: TNH

 

1



 

 

Words such as “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” and similar expressions are used to identify these forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These risks, uncertainties and assumptions include, among others:

 

·                  the volatile cost of natural gas;

·                  the cyclical nature of our business;

·                  the global commodity nature of our fertilizer products, the impact of global supply and demand on our selling prices, and the intense global competition in the consolidating markets in which we operate;

·                  weather conditions;

·                  risks involving derivatives and the effectiveness of our risk measurement and hedging activities;

·                  risks related to TNCLP’s reliance on one production facility;

·                  potential liabilities and expenditures related to environmental and health and safety laws and regulations;

·                  conditions in the U.S. agricultural industry;

·                  future regulatory restrictions and requirements related to GHG emissions, climate change or other environmental requirements;

·                  CF and its affiliates engage in fertilizer manufacturing;

·                  dependence on CF and its employees;

·                  potential inability to renew our credit facility;

·                  deterioration of global market and economic conditions; and

·                  reliance on third party transportation providers.

 

Additional information as to these and other factors can be found in TNCLP’s 2009 10-K in the sections entitled “Business,” “Risk Factors,” “Legal Proceedings,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and in the Notes to the consolidated financial statements.

 

Terra Nitrogen Company, L.P. news announcements are also available on CF Industries’ Web site, www.cfindustries.com.

 

 

SOURCE: Terra Nitrogen Company, L.P.

 

Terra Nitrogen Company, L.P.
Terry Huch, 847-405-2515
Senior Director, Investor Relations & Corporate Communications
thuch@cfindustries.com

 


GRAPHIC 3 g147611mmi001.jpg GRAPHIC begin 644 g147611mmi001.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T- M#AT5%A$8(Q\E)"(?(B$F*S7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V:F22+&FY MC_\`7IS$*"20`/6LK^TLW1VJ)WZ(D?.WZGI0!>\N9QYA^07"7"'!`=>'7/*FN*;X5Z>S%O[2NN3G[J_P"% M,\_&T*E7EY.AYM]LNO\`GZG_`._A_P`:/MEU_P`_4_\`W\/^-,F013R1@Y", M5!/L:Z+P=X7M_$TUU'/0JD&,`YSGU^E,\6$9SER1W.F^%DLLL&I>9*[X M>/&YB<<&N^KSF:_L/AR+FQT^5[^]N-K,LN`L6,XSCUSTKGI_'WB2:3<-0$0S MD+'$H`_2D>M#%0P\%3GJUV/9Z6O+]$^)M[#.D6L(D\!.#+&NUU]\#@UU7BKQ M4^B:3:7]A'#=)9P?%.^:XC6:PMDB+@.P M+$A<\G\J2^^)]_->^7IUK#%!O`5I06=AGKUP*"/KU"U[GIU%>=:M\2-0T[5K MJRCL+9U@E9`S,V2`:+?XI/\`8)Y+FQC-R&`ACC8@$8.2Q/;I05]=HWLV>BT5 MQ_@WQ?>>(9[T7L5O#';H'!C!&,DYR2?:LW6?B@(IVAT>U295.//FSAOHH[?C M04\724%-O1GH5%><6GQ4D^S2B\T]//"YB,;$*Q]"#R/K4?\`PM>Y_P"@3%_W M^/\`A01]>H6W/2Z*Q?#^MW&LVT-Q):>2DL6_()(!SC&:*#JC)25T&H07EQK#U8^GM71RQ)/$T8]35F@#YZN_\`C\G_`.NC?SKN/A=((IM5D(R$A5L?3-SS$@O\I"KV`ST/O6-J-C+INHW%E.,20.5/OZ'\1S6] MX9U/PQ;6,T6N:8)YE8M'($W%Q_=//%!G2NJFK2?FRLA./SS5N/Q)H'F'S?"-H4SQME(('Y5<\3&QF\&V-Y8: M6-.BN+HMY><[L*1NH+C32C)QE?3S.,KK])^'6L7MM#>/+!;AL.L%9MRZ'A?B?_`)&?4O\`KY?^=0Z/H]YKE^ME9(&D M(+$L<*H]2:F\4?\`(T:G_P!?+_SKJ/A2/^)I?G_IBO\`Z%08PIJIB.1[-L@O M_#^H>#?#VHM+P?$:S>Z\*2.B[C;RK*?8<@G]:\ M?H+QM-4YJ*VL=)=>!M5M-`_MB1HM@02-""=ZJ>Y[?A7-UV%[\0KJ\\-G2VLT M$TD?E23[N"O3(7UKCZ#&NJ2:]EV/;/!/_(G:=_US/_H1HH\$_P#(G:=_US/_ M`*$:*1]'1_AQ]$;U1S0QSQ-%(NY6ZBBB@U,G4[*>:YMX88_W:IM4]AZY_2M* MSM$LX!$G/=B>YHHH`L4E%%`'F20:E;`.Q;&QNYKHO!OA&Y\,SW4E MQ=13B=5`"*1C!/K]:**#EAA*4)V;+V)W`G\,444!4PE*H^:2U-71_A?%!,DVK78N`ISY,0(4_4GG'Y M5N>+?#$OB#3;:SM)8K802;AN4XQC&`!1105'#4HP<$M&Q75HJ3S,ZABV0">_%;'@KPC?> M&[RZFNYX)%FC"J(B<@@Y[@444$1PE*,^=;G6RQ1SQ/%*@>-U*LIZ$'J*\TUG MX8WD=PTFCRQRPL>(I6VLGMGH111076H0K*TT)I_PPOWMYGOYXHI=A$,:,2-W M8L<=/I4/_"K=9_Y_++_OIO\`"BBGA^'=.ETC0;2PG9'D@0JS)G! 0Y)XS]:***1VQBHI)=#__V3\_ ` end GRAPHIC 4 g147611mmi002.jpg GRAPHIC begin 644 g147611mmi002.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T- M#AT5%A$8(Q\E)"(?(B$F*S7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V0G:I).`! MDDUSC^/_``W'(R'4,[3@D1L1_*K_`(GNS8^&K^X!`98&"Y]3P/YUX3T'%?TS7GO@WPS%XEO+F.XEEBB@0'='C)8GIR*#FKXBI M&JJ=-:L]!_X6%X;_`.?UO^_3?X5KZ3K-EK=HUU82F2)7*$E2.1@]_J*Y7_A5 M>E_]!"\_\<_PKI]$T:VT'34L;4NR*2Q=_O,3W.*9K2==R_>)6-&L+5?&.C:- M>FSO+AQ,H!950G;GI6[7D/Q)3;XM<_WX$/\`,?TI"Q5:5&GS1/6+2[AO;6*Z MMWWQ2J&1L=0:BU/5+31[)KR^E$4*D#.,DD]`!5'PC(LOA/374''D`<^W%<1\ M3=8^T:C#I,3?);#?+CNYZ#\!_.@*M?V='GZG;:1XNTC7+LVME.[2A=VUD(R* MVJ\>^'4FSQ?`I!/F12*/;C/]*]7U._BTS3;B^F.$@0L??T'YT"PU=U:7/(RM M3\:Z)I-Z]G=7+>=']\(A;;^-;D,RSPI*A)210RDC'!KQ?P[I\WBCQ4OVC+*\ MAGN#[`YQ^>!7M2@```8`Z"@,-6G63DUIT%S67J_B32M#P+Z[5'(XC7YG/X"I M=/:'IT_BGQ&L%S&5MQUN)U4CV'/\` M,"N:\-Z&=1\!ZRX7,CN&CX[QC/'YFK/Q5N]U_868Z1QM(>>Y./Z5UG@:T%KX M0LD8?_#O4OL/B>.%FQ'>(8CD_Q=5_7C\:L?$V M\\[Q(EN&!%M`!@=F;G^6*Q=;M)/#_BB>.+*FWG$D1''RYR/\*DU"X_X23Q@9 M$!*W=PB+CKMX'\J9P\[5)T'O<]:\-6?V'PWI]OC!6!21[GD_SK4I%`50H&`! M@4M(]^*LDC@/BK=[;.PLQ_'(TC?@,#^9KE/#7BZ7PQ%/'!:0S-.P+,[D$8Z# M]:T/B7=^?XG$(/%O`J]>YYKM/"6A6">%[`W%C!)+)'YC-)$"WS<]2/>F>2XS MJXJ3@[6,GP[\0KS7-=M].>P@19=VYD6M[,?D@MV8^^">*X+PWI\GBCQ%=7=XOF(JO/,&Z$G.U? MS_E4NKZUM\#:/H\39(N)[T&5\CD#'RC\OY MT'.OW\XPZ15V<%X";;XQLCZ[QQ_NFNG^*.L>7;6^D1OAI3YLV#_".@_/^57_`+XB7_ZW\Z#GIS:H.G'=NQVW MPWT4V&B&_E3$]Z=PR.0@Z?GUKLJ9%&D,:Q1J%1%"JHZ`#I3J1[5*FJ<%%="E MK6GC5='NK`MM\^,J&]#VKQ0?VGX9U@$A[6\MSD9'!_Q!KW@\UGZMHFGZW;&" M_MUD'\+]&3W![4'/B<-[6THNS1S_`(8\?6NL2I97R"UO'X4@_)(?;T/L:["O M`=3MO[+U>XMHIMYM92JR#KP>#]:]WLGDDL+>20?.T2EOJ1S3(P=>=2\9[H\C M\;F;4O&=S%''(2I2!<*3VZ_K7KEI`+6R@MP,"*-4X]A4.I:II^D0+<:A<1VZ M,^Q68?>8]ACGL:C_`+?TG^S!J1O8UM"=HD;(R?0`\D^U(WI4/9SE)N]SB/BA MH\GVFVU:&)F5E\J8JN<$?=)_E6+X!TV:[\56\QBD\JV!D9BIP#C`'ZUZ?!XA MT>[T^XOXK^)K:VSY[ME?+P,_,#R.*?I>M:7JZR?V==QSF+&]5R"N>F0>:#&6 M#C*M[6YH"BJ<^KZ?;"[\Z[CC%B@>Y+'_`%2D9!/X"I$U"SDTX:BMS&;0Q^:) MPWR;,9W9],4'<>*>)VFN_$NHRO#*N9V&"AZ#@?RK4A\>^)8(4AC$82-0JC[. M>@KTR/Q%HTR6,B:C;LNHL5M#N_UQ'4+ZU/?ZKIVEF`7UU%;FYE$4(=_%6V=SIUPJ.P&]"57(&<'^E=[]LM_MQL?.7[2(O-,7?9G&?ID5%#JEA= M7-W;0W4&PZH1:O=L\8U*&:#5KM?+D5EG?HI'\1KT/X::$UG M8RZK<1E);GY(@PP0@[_B?Y5TNI^(-&TBX2#4;V*"5TWA7!)VYQDX'`]S2W_B M+1]+,(O+^*+SU+Q#EMZ\.1S3,:."5.ISMW-.BJEOJEE=S)#!<*\CPB=5 M`.3&3@-],BJMSXGT6TU`Z?-?QK=*RJT8#$@G&`<#CJ*1WG!>*[WQ)HWBRYOX M&N(H'VB)E!:-E`Z$=,YS5*;XA^)+B%H5>&,L,;XH3N'TY->J3ZE807]OIT]S M&MU=AC#"Q^:0*,M@>PJI=:MH6F7\=I/-;PW,F-J!,L,G`S@<9/K0<,L+-R;C M-I,\\\*^";[5+V.]U*)X;16WMYG#S'KT],]2:]8'`P!@"LR[\2:/8ZA_9]S? MQI=?+^ZP21NZ9P.,UJ8H-Z-"-*-HG,:Z+J]\7Z/9V4D226D,UV_FJ6`R!&O` M(_O-^5133J/'UI#J\T*"UTTRV[/\J/,SX=ER>H4#WPU=2(H_.,OEKYFW;OQ\ MV.N,^E0W=A97ZJE[9P7*J\,127'B#6KW47C?4X)%LV,2[4$(&],#KSO.<^E=)]G M@"QCR8\0G]V-H^3C''IQ3EBCCD=TC56DP78*`6(&!D]^*`.#GVZA;:@3AQK. MNQV@'9X8R`V/P1ZJ+>EO#M]H^UA9Z`;@WFB"UMU5` MMO$!&Q9`$'RL?>AK6V9)8VMXBDQS(I08<],GUZ#K0!YOJ-D+6UB8! M6;PSI=M*"/X92X=__'4_6M"=CKWB'1-2F&([FZ:6S5_X+>)"V_']YV*GV`%= MR;:!O-S!&?.&),H/G&,8/KQ1]G@+(QACW1@JAVC*@\$#T%`'&^#+J5K6;5&U MJS:VNIKB\DM%C!D"EC@[MWH`>E45N;6\^&Z:;$\-WJ6L[F2!&#,))7+%SCH% M!SGMBNX@TC3+9B]OIMI"S*59HX%4D'J.!TJ2TTZQL68V=E;VQ;AC#$J9^N!0 M!R,VJ26&I:]J%NANKN,0:;91CK+*$W8_[Z?)]A4?A1)-/\6_9)K*YLWNM,#R MFY*;KB5)#N<;6/\`ST.?PKM1:VP<.+>(,'+AM@SN(P6^N.,TYH8FE29HD,J` MA7*C(#(HVS21QGL!#&%'/^]FKG@NWN+32+>V?5[2 M\BAMT4101`&(XYR0QS^0K>-K;&W:W-O$87SNCV#:V3DY'0YIMKI]E89^QV=O M;;_O>3$J9^N!0!PNO7-^;SQ+JEK-"MI;K#8S%DW.(\9DVG.,CS#U]*G@@\CQ M9-::7J]GI\6E6-O8Q).@D9@H9- M)TV:Y^TRZ=:23Y!\UH%+9'0YQGM0!BZ3>VL_C36Y9+J$21F&SB0R`,=J[F`& M?5ZSO"]ZSRW^K'7+%+2YO)[B2V\L&38N5!W;N/E0'I76?V5IS77VLV%J;C=N M\[R5WY]=V,YIBZ+I4;LZ:79JS@AF%N@+`]0>*`."EO+R?4K#Q!>Z3=V[2ZI# MY-S)L\N.V;,:+][<-P?<>.I]JVVNHM.\41WNEWUO?V^MW*17-LI#/&RJ1YBD M=@%`(/`[5UDL$,\7E31))'D'8Z@CCIQ44.GV-O
-----END PRIVACY-ENHANCED MESSAGE-----