Statoil Announces Execution of Debt Capital Market Transactions
OREANDA-NEWS. Stock Market Announcement.
On Tuesday November 5, 2013 Statoil ASA (OSE:STL, NYSE:STO), guaranteed by Statoil Petroleum AS, executed the following debt capital market transactions:
Issue of USD 750,000,000 1.950% Notes due November 8, 2018
Issue of USD 750,000,000 Floating Rate Notes due November 8, 2018
Issue of USD 750,000,000 2.900% Notes due November 8, 2020
Issue of USD 1,000,000,000 3.700% Notes due March 1, 2024
Issue of USD 750,000,000 4.800% Notes due November 8, 2043
The net proceeds from the issue of the Notes will be used for general corporate purposes which may include repayment or purchase of existing debt or other purposes described in the prospectus supplement for these issues of Notes. The transactions will increase the financial flexibility of the company.
The Notes have been fully subscribed. The settlement date is November 8, 2013.
Any public offering in the United States is being made solely by means of a prospectus supplement to the prospectus included in the Registration Statement filed by Statoil ASA and Statoil Petroleum AS and previously declared effective.
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