Execution of debt capital market transactions by Statoil ASA
Statoil ASA (OSE: STL, NYSE: STO), guaranteed by Statoil Petroleum AS, executed the following debt capital market transactions:
• Issue of EUR 850,000,000 2.000% Notes due September 10, 2020
• Issue of EUR 650,000,000 2.875% Notes due September 10, 2025
• Issue of GBP 350,000,000 4.250% Notes due April 10, 2041
The net proceeds from the issue of the Notes will be used for general corporate purposes. The transactions will increase the financial flexibility of the company.
The Notes have been fully subscribed. The settlement date is September 10, 2013.
All three issues have been executed under Statoil ASA’s USD 8,000,000,000 Euro Medium Term Note (EMTN) Programme which is listed on the London Stock Exchange.