Execution of debt capital market transactions
– Issue of EUR 500 000 000 Floating Rate Notes due August 17, 2019
– Issue of EUR 1 000 000 000 0,875% Notes due February 17, 2023
– Issue of EUR 1 250 000 000 1,25% Notes due February 17, 2027
– Issue of EUR 1 000 000 000 1,625% Notes due February 17, 2035
The Notes have been fully subscribed. The settlement date is February 17, 2015.
“Statoil continuously uses the capital markets to secure competitive financing. We have a strong financial position, enabling us to use the market in a good way. Today’s transaction capitalizes on favorable market conditions and further increases our financial flexibility, in line with our priorities to deliver high value growth, increased efficiency and competitive shareholder returns,” says Torgrim Reitan, executive vice president and chief financial officer of Statoil ASA.
The net proceeds from the issue of the Notes will be used for general corporate purposes.
All four issues have been executed under Statoil ASA’s USD 16,000,000,000 Euro Medium Term Note (EMTN) Programme which is listed on the London Stock Exchange.
Further information from:
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 pursuant to section 5-12 of the Norwegian Securities Trading Act.