OREANDA-NEWS. On Wednesday May 8, 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 1.150% Notes due May 15, 2018
Issue of USD 500,000,000 Floating Rate Notes due May 15, 2018
Issue of USD 900,000,000 2.650% Notes due January 15, 2024
Issue of USD 850,000,000 3.950% Notes due May 15, 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.