oslo : STL

September 03, 2013 12:18 ET

Statoil: Execution of debt capital market transactions

STAVANGER, NORWAY--(Marketwired - Sep 3, 2013) - 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.

Further information from:

Investor relations:
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 pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Statoil via Thomson Reuters ONE [HUG#1726989]

Contact Information

  • Press:
    Fredrik Norman
    media relations
    +47 918 66567