STAVANGER, NORWAY--(Marketwired - Sep 3, 2013) - Statoil ASA (
* 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 Press: Fredrik Norman, media relations, +47 918 66567 Finance: 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.
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Source: Statoil via Thomson Reuters ONE [HUG#1726989]