Execution of debt capital market transactions
- Issue of USD 300,000,000 Notes with floating interest rate and due August 27, 2020
The net proceeds from the issue of the Notes are used for general corporate purposes. The transaction will increase the financial flexibility of the company.
The issue had been agreed and fully subscribed on August 19, 2013.
The transaction was executed under Statoil ASA’s USD 8,000,000,000 Euro Medium Term Note (EMTN) Programme. The Notes are not listed on any Stock Exchange.
(2) Today, September 6, 2013, Statoil ASA (OSE:STL, NYSE:STO), guaranteed by Statoil Petroleum AS, agreed the following debt capital market transactions:
- Issue of NOK 2,000,000,000 Notes with 4.13% interest rate and due September 16, 2025
- Issue of NOK 1,000,000,000 Notes with 4.26% interest rate and due September 16, 2033
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. Settlement date is September 16, 2013.
The transaction is executed under Statoil ASA’s USD 8,000,000,000 Euro Medium Term Note (EMTN) Programme. The Notes will be listed on the London Stock Exchange.
Further information from:
Hilde Merete Nafstad, Senior vice president,
+47 957 83911
Morten Sven Johannessen, VP Investor Relations USA,
+1 2039786950 / +1 2035702524
Fredrik Norman, media relations,
+47 918 66567
Tron Vormeland, Vice president, Corporate financing,
+47 905 40135 (mobile), +47 51 99 42 97 (office)
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities of Statoil ASA nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
This information is subject of the disclosure requirements acc. to §5-8 vphl (Norwegian Securities Trading Act)