This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Statoil: Execution Of Debt Capital Market Transactions

STAVANGER, Norway, Nov. 6, 2013 (GLOBE NEWSWIRE) --
On Tuesday November 5, 2013 Statoil ASA (OSE:STL, NYSE:STO), guaranteed by
Statoil Petroleum AS, executed the following debt capital market transactions:

  * Issue of USD 750,000,000 1.950% Notes due November 8, 2018
  * Issue of USD 750,000,000 Floating Rate Notes due November 8, 2018
  * Issue of USD 750,000,000 2.900% Notes due November 8, 2020
  * Issue of USD 1,000,000,000 3.700% Notes due March 1, 2024
  * Issue of USD 750,000,000 4.800% Notes due November 8, 2043

The net proceeds from the issue of the Notes will be used for general corporate
purposes which may include  repayment or purchase of existing debt or other
purposes described in the prospectus supplement for these issues of Notes. The
transactions will increase the financial flexibility of the company.

The Notes have been fully subscribed. The settlement date is November 8, 2013.

Any public offering in the United States is being made solely by means of a
prospectus supplement to the prospectus included in the Registration Statement
filed by Statoil ASA and Statoil Petroleum AS and previously declared effective.

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.


[HUG#1740898]

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs