Today, December 9, 2013, Statoil ASA (OSE:STL, NYSE:STO) , guaranteed by Statoil Petroleum AS, agreed the following debt capital market transaction:
The net proceeds from the issue of the Notes will be used for general corporate purposes. The transaction will increase the financial flexibility of the company.
The Notes have been fully subscribed. Settlement dates is December 12, 2013.
The transaction is executed under Statoil ASA's USD 12,000,000,000 Euro Medium Term Note (EMTN) Programme. The Notes will be 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 2035702524
Press:
Fredrik Norman, media relations,
+47 91866567
Finance:
Tron Vormeland, Vice president, Corporate financing,
+47 90540135 (mobile), +47 51 99 42 97 (office)
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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.