Filed Pursuant to Rule 433
Registration Statement Nos.
333-188327 and 333-188327-01
November 5, 2013

 

 

FINAL TERM SHEET

 

U.S.$750,000,000 Floating Rate Notes due 2018

 

Issuer:

Statoil ASA (“Statoil”).

 

 

Guarantor:

Statoil Petroleum AS (“Statoil Petroleum”).

 

 

Title:

Floating Notes due 2018 (the “Floating Rate Notes”).

 

 

Total initial principal amount:

$750,000,000

 

 

Settlement Date:

November 8, 2013 (T + 3)

 

 

Maturity Date:

November 8, 2018

 

 

Day Count:

Actual/360

 

 

Day Count Convention:

Modified following.

 

 

Interest Rate Basis:

3 Month USD LIBOR

 

 

Spread to LIBOR:

46 basis points (0.460%)

 

 

Designated LIBOR page:

Reuters Screen LIBOR01

 

 

Index Maturity:

3 Months

 

 

Interest Reset Period:

Quarterly

 

 

Date interest starts accruing:

November 8, 2013

 

 

Interest Payment Dates:

February 8, May 8, August 8 and November 8 of each year, subject to the Day Count Convention, commencing February 8, 2014

 

 

Interest Reset Dates:

February 8, May 8, August 8 and November 8, commencing on February 8, 2014, subject to the Day Count Convention.

 

 

Interest Rate Calculation:

3 Month USD LIBOR determined on the applicable Interest Determination Date plus the Spread to LIBOR

 

 

Initial Interest Rate:

3 Month USD LIBOR plus 46 basis points, determined on the second London business day prior to November 8, 2013

 

 

Interest Determination Dates:

Quarterly, two London Business days prior to each Interest Reset Date

 

 

 


 

Public offering price:

Per Floating Rate Note:  100%; Total:  $750,000,000

 

 

Proceeds, after underwriting discount, but before expenses, to Statoil:

Per Floating Rate Note:  99.850%; Total:  $748,875,000

 

 

Calculation Agent:

Deutsche Bank Trust Company Americas

 

 

Denominations:

$1,000 and integral multiples of $1,000

 

 

Joint-Book Running Managers:

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

Merrill Lynch, Pierce, Fenner & Smith
                     Incorporated

Morgan Stanley & Co. LLC

 

 

CUSIP Number:

85771P AS1

 

 

ISIN:

US85771PAS11

 

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U.S.$ 750,000,000 1.950% Notes due 2018

 

Issuer:

Statoil ASA (“Statoil”).

 

 

Guarantor:

Statoil Petroleum AS (“Statoil Petroleum”).

 

 

Title:

1.950% Notes due 2018 (the “2018 Notes”).

 

 

Total initial principal amount:

$750,000,000

 

 

Settlement Date:

November 8, 2013 (T + 3)

 

 

Maturity Date:

November 8, 2018

 

 

Day Count:

30/360

 

 

Day Count Convention:

Following unadjusted.

 

 

Coupon:

1.950%

 

 

Date interest starts accruing:

November 8, 2013

 

 

Interest Payment Dates:

May 8 and November 8 of each year, subject to the Day Count Convention, commencing May 8, 2014.

 

 

Public Offering Price:

Per 2018 Note:  99.858%; Total:  $748,935,000

 

 

Proceeds, after underwriting discount, but before expenses, to Statoil:

Per 2018 Note:  99.708%; Total:  $747,810,000

 

 

Benchmark Treasury:

1.250% due Oct 2018

 

 

Benchmark Treasury Price and Yield:

99-12, 1.380%

 

 

Spread to Benchmark Treasury:

60 bps

 

 

Re-offer yield:

1.980%

 

 

Make-Whole Spread:

10 basis points

 

 

Denominations:

$1,000 and integral multiples of $1,000

 

 

Joint-Book Running Managers:

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

Merrill Lynch, Pierce, Fenner & Smith
                     Incorporated

Morgan Stanley & Co. LLC

 

 

CUSIP Number:

85771P AR3

 

 

ISIN:

US85771PAR38

 

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U.S.$ 750,000,000 2.900% Notes due 2020

 

Issuer:

Statoil ASA (“Statoil”).

 

 

Guarantor:

Statoil Petroleum AS (“Statoil Petroleum”).

 

 

Title:

2.900% Notes due 2020 (the “2020 Notes”).

 

 

Total initial principal amount:

$750,000,000

 

 

Settlement Date:

November 8, 2013 (T + 3)

 

 

Maturity Date:

November 8, 2020

 

 

Day Count:

30/360

 

 

Day Count Convention:

Following unadjusted.

 

 

Coupon:

2.900%

 

 

Date interest starts accruing:

November 8, 2013

 

 

Interest Payment Dates:

May 8 and November 8 of each year, subject to the Day Count Convention, commencing May 8, 2014.

 

 

Public Offering Price:

Per 2020 Note:  99.975%; Total:  $749,812,500

 

 

Proceeds, after underwriting discount, but before expenses, to Statoil:

Per 2020 Note:  99.775%; Total:  $748,312,500

 

 

Benchmark Treasury:

1.750% due Oct 2020

 

 

Benchmark Treasury Price and Yield:

98-01, 2.054%

 

 

Spread to Benchmark Treasury:

85 bps

 

 

Re-offer yield:

2.904%

 

 

Make-Whole Spread:

15 basis points

 

 

Denominations:

$1,000 and integral multiples of $1,000

 

 

Joint-Book Running Managers:

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

Merrill Lynch, Pierce, Fenner & Smith
Incorporated

Morgan Stanley & Co. LLC

 

 

CUSIP Number:

85771P AP7

 

 

ISIN:

US85771PAP71

 

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U.S.$ 1,000,000,000 3.700% Notes due 2024

 

Issuer:

Statoil ASA (“Statoil”).

 

 

Guarantor:

Statoil Petroleum AS (“Statoil Petroleum”).

 

 

Title:

3.700% Notes due 2024 (the “2024 Notes”).

 

 

Total initial principal amount:

$1,000,000,000

 

 

Settlement Date:

November 8, 2013 (T + 3)

 

 

Maturity Date:

March 1, 2024

 

 

Day Count:

30/360

 

 

Day Count Convention:

Following unadjusted.

 

 

Coupon:

3.700%

 

 

Date interest starts accruing:

November 8, 2013

 

 

Interest Payment Dates:

March 1 and September 1 of each year, subject to the Day Count Convention, commencing March 1, 2014. The initial interest period is a short coupon.

 

 

Public Offering Price:

Per 2024 Note:  99.927%; Total:  $999,270,000

 

 

Proceeds, after underwriting discount, but before expenses, to Statoil:

Per 2024 Note:  99.677%; Total:  $996,770,000

 

 

Benchmark Treasury:

2.500% due Aug 2023

 

 

Benchmark Treasury Price and Yield:


98-20+, 2.659%

 

 

Spread to Benchmark Treasury:

105 bps

 

 

Re-offer yield:

3.709%

 

 

Make-Whole Spread:

20 basis points

 

 

Denominations:

$1,000 and integral multiples of $1,000

 

 

Joint-Book Running Managers:

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

Merrill Lynch, Pierce, Fenner & Smith
                    Incorporated

Morgan Stanley & Co. LLC

 

 

CUSIP Number:

85771P AN2

 

 

ISIN:

US85771PAN24

 

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U.S.$ 750,000,000 4.800% Notes due 2043

 

Issuer:

Statoil ASA (“Statoil”).

 

 

Guarantor:

Statoil Petroleum AS (“Statoil Petroleum”).

 

 

Title:

4.800% Notes due 2043 (the “2043 Notes”).

 

 

Total initial principal amount:

$750,000,000

 

 

Settlement Date:

November 8, 2013 (T + 3)

 

 

Maturity Date:

November 8, 2043

 

 

Day Count:

30/360

 

 

Day Count Convention:

Following unadjusted.

 

 

Coupon:

4.800%

 

 

Date interest starts accruing:

November 8, 2013

 

 

Interest Payment Dates:

May 8 and November 8 of each year, subject to the Day Count Convention, commencing May 8, 2014.

 

 

Public Offering Price:

Per 2043 Note:  99.496%; Total:  $746,220,000

 

 

Proceeds, after underwriting discount, but before expenses, to Statoil:

Per 2043 Note:  98.846%; Total:  $741,345,000

 

 

Benchmark Treasury:

2.875% due May 2043

 

 

 

 

Benchmark Treasury Price and Yield:

80-30+, 3.782%

 

 

Spread to Benchmark Treasury:

105 bps

 

 

Re-offer yield:

4.832%

 

 

Make-Whole Spread:

20 basis points

 

 

Denominations:

$1,000 and integral multiples of $1,000

 

 

Joint-Book Running Managers:

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

Merrill Lynch, Pierce, Fenner & Smith
                    Incorporated

Morgan Stanley & Co. LLC

 

 

CUSIP Number:

85771P AQ5

 

 

ISIN:

US85771PAQ54

 

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* * * * * * * *

 

The Issuer and the Guarantor have filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and the other documents the Issuer and the Guarantor have filed with the SEC for more complete information about the Issuer, the Guarantor and this offering.  You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by (i) calling Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, (ii) calling Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, (iii) calling Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322 or (iv) calling Morgan Stanley & Co. LLC toll-free at 1-866-718-1649.

 

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