Issuer:
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Statoil ASA (“Statoil”).
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Guarantor:
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Statoil Petroleum AS (“Statoil Petroleum”).
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Title:
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Floating Notes due 2017 (the “Floating Rate Notes”).
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Total initial principal amount:
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$500,000,000
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Settlement Date:
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November 10, 2014 (T + 5)
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Maturity Date:
|
November 9, 2017
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Day Count:
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Actual/360
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Day Count Convention:
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Modified following.
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Interest Rate Basis:
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3 Month USD LIBOR.
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Spread to LIBOR:
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20 basis points (0.200%)
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Designated LIBOR page:
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Reuters Screen LIBOR01
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Index Maturity:
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3 Months
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Interest Reset Period:
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Quarterly
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Date interest starts accruing:
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November 10, 2014
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Interest Payment Dates:
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February 9, May 9, August 9 and November 9 of each year, subject to the Day Count Convention, commencing February 9, 2015.
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Interest Reset Dates:
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February 9, May 9, August 9 and November 9, commencing on February 9, 2015, subject to the Day Count Convention.
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Interest Rate Calculation:
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3 Month USD LIBOR determined on the applicable Interest Determination Date plus the Spread to LIBOR
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Initial Interest Rate:
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3 Month USD LIBOR plus 20 basis points, determined on the second London business day prior to November 10, 2014
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Interest Determination Dates:
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Quarterly, two London Business days prior to each Interest Reset Date. A “London business day” is a day on which dealings in deposits in U.S. dollars are transacted on the London interbank market.
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Public offering price:
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Per Floating Rate Note: 100.000%; Total: $500,000,000
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Proceeds, after underwriting discount, but before expenses, to Statoil:
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Per Floating Rate Note: 99.875%; Total: $499,375,000
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Calculation Agent:
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Deutsche Bank Trust Company Americas
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Denominations:
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$1,000 and integral multiples of $1,000
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Joint-Book Running Managers:
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J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Morgan Stanley & Co. LLC
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CUSIP Number:
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85771P AU6
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ISIN:
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US85771PAU66
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·
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The tax, assessment or governmental charge is imposed only because the noteholder, or a fiduciary, settlor, beneficiary or member or shareholder of, or possessor of a power over, the noteholder, if the noteholder is an estate, trust, partnership or corporation, was or is connected to the taxing jurisdiction, other than by merely holding the notes or receiving principal or interest in respect thereof. These connections include where the noteholder or related party:
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|
·
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is or has been a citizen or resident of the jurisdiction;
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|
·
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is or has been present or engaged in trade or business in the jurisdiction; or
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|
·
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has or had a permanent establishment in the jurisdiction.
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|
·
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The tax, assessment or governmental charge is imposed due to the presentation of the notes (where presentation is required) for payment on a date more than 30 days after the notes became due or after the payment was provided for, whichever occurs later.
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·
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The tax, assessment or governmental charge is on account of an estate, inheritance, gift, sale, transfer, personal property or similar tax, assessment or other governmental charge.
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·
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The tax, assessment or governmental charge is for a tax or governmental charge that is payable in a manner that does not involve withholding.
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·
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The tax, assessment or governmental charge is imposed or withheld because the noteholder or beneficial owner failed to comply with any of Statoil’s following requests:
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·
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to provide information about the nationality, residence or identity of the noteholder or beneficial owner, or
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·
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to make a declaration or other similar claim or satisfy any information or reporting requirements,
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·
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The tax, assessment or governmental charge is imposed pursuant to European Union Directive 2003/48/EC or any other Directive implementing the conclusions of the ECOFIN Council meeting of November 26 and 27, 2000 on the taxation of savings or any law or agreement implementing or complying with, or introduced to conform to, such directive.
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·
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The tax, assessment or governmental charge is imposed on a noteholder or beneficial owner who could have avoided such withholding or deduction by presenting its notes (where presentation is required) to another paying agent.
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·
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The noteholder is a fiduciary, partnership or other entity that is not the sole beneficial owner of the payment of the principal of, or any interest on, the notes, and the laws of the jurisdiction (or any political subdivision or taxing authority thereof or therein) require the payment to be included in the income of a beneficiary or settlor for tax purposes with respect to such fiduciary, a member of such partnership or a beneficial owner who would not have been entitled to such additional amounts had such beneficiary, settlor, member or beneficial owner been the noteholder of the notes.
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Issuer:
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Statoil ASA (“Statoil”).
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Guarantor:
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Statoil Petroleum AS (“Statoil Petroleum”).
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Title:
|
1.250% Notes due 2017 (the “2017 Notes”).
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Total initial principal amount:
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$750,000,000
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Settlement Date:
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November 10, 2014 (T + 5)
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Maturity Date:
|
November 9, 2017
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Day Count:
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30/360
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Day Count Convention:
|
Following unadjusted.
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Coupon:
|
1.250%
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Date interest starts accruing:
|
November 10, 2014
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Interest Payment Dates:
|
May 9 and November 9 of each year, subject to the Day Count Convention, commencing May 9, 2015.
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Public Offering Price:
|
Per 2017 Note: 99.736%; Total: $748,020,000
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Proceeds, after underwriting discount, but before expenses, to Statoil:
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Per 2017 Note: 99.611%; Total: $747,082,500
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Benchmark Treasury:
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0.875% due October 2017
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Benchmark Treasury Price and Yield:
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99-26, 0.940%
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Spread to Benchmark Treasury:
|
40 bps
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Re-offer yield:
|
1.340%
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Make-Whole Spread:
|
5 basis points
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Denominations:
|
$1,000 and integral multiples of $1,000
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Joint-Book Running Managers:
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J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Morgan Stanley & Co. LLC
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CUSIP Number:
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85771P AT9
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ISIN:
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US85771PAT93
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Issuer:
|
Statoil ASA (“Statoil”).
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Guarantor:
|
Statoil Petroleum AS (“Statoil Petroleum”).
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Title:
|
2.250% Notes due 2019 (the “2019 Notes”).
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Total initial principal amount:
|
$750,000,000
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Settlement Date:
|
November 10, 2014 (T + 5)
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Maturity Date:
|
November 8, 2019
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Day Count:
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30/360
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Day Count Convention:
|
Following unadjusted.
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Coupon:
|
2.250%
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Date interest starts accruing:
|
November 10, 2014
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Interest Payment Dates:
|
May 8 and November 8 of each year, subject to the Day Count Convention, commencing May 8, 2015.
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Public Offering Price:
|
Per 2019 Note: 99.958%; Total: $749,685,000
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Proceeds, after underwriting discount, but before expenses, to Statoil:
|
Per 2019 Note: 99.818%; Total: $748,635,000
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Benchmark Treasury:
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1.500% due October 2019
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Benchmark Treasury Price and Yield:
|
99-121/4, 1.629%
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Spread to Benchmark Treasury:
|
63 bps
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Re-offer yield:
|
2.259%
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Make-Whole Spread:
|
10 basis points
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Denominations:
|
$1,000 and integral multiples of $1,000
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Joint-Book Running Managers:
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J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Morgan Stanley & Co. LLC
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CUSIP Number:
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85771P AW2
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ISIN:
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US85771PAW23
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Issuer:
|
Statoil ASA (“Statoil”).
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Guarantor:
|
Statoil Petroleum AS (“Statoil Petroleum”).
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Title:
|
2.750% Notes due 2021 (the “2021 Notes”).
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Total initial principal amount:
|
$500,000,000
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Settlement Date:
|
November 10, 2014 (T + 5)
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Maturity Date:
|
November 10, 2021
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Day Count:
|
30/360
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Day Count Convention:
|
Following unadjusted.
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Coupon:
|
2.750%
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Date interest starts accruing:
|
November 10, 2014
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Interest Payment Dates:
|
May 10 and November 10 of each year, subject to the Day Count Convention, commencing May 10, 2015.
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Public Offering Price:
|
Per 2021 Note: 99.363%; Total: $496,815,000
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Proceeds, after underwriting discount, but before expenses, to Statoil:
|
Per 2021 Note: 99.178%; Total: $495,890,000
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Benchmark Treasury:
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2.000% due October 2021
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Benchmark Treasury Price and Yield:
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99-21+, 2.051%
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Spread to Benchmark Treasury:
|
80 bps
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Re-offer yield:
|
2.851%
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Make-Whole Spread:
|
12.5 basis points
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Denominations:
|
$1,000 and integral multiples of $1,000
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Joint-Book Running Managers:
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J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Morgan Stanley & Co. LLC
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CUSIP Number:
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85771P AV4
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ISIN:
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US85771PAV40
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Issuer:
|
Statoil ASA (“Statoil”).
|
Guarantor:
|
Statoil Petroleum AS (“Statoil Petroleum”).
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Title:
|
3.250% Notes due 2024 (the “2024 Notes”).
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Total initial principal amount:
|
$500,000,000
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Settlement Date:
|
November 10, 2014 (T + 5)
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Maturity Date:
|
November 10, 2024
|
Day Count:
|
30/360
|
Day Count Convention:
|
Following unadjusted.
|
Coupon:
|
3.250%
|
Date interest starts accruing:
|
November 10, 2014
|
Interest Payment Dates:
|
May 10 and November 10 of each year, subject to the Day Count Convention, commencing May 10, 2015.
|
Public Offering Price:
|
Per 2024 Note: 99.400%; Total: $497,000,000
|
Proceeds, after underwriting discount, but before expenses, to Statoil:
|
Per 2024 Note: 99.175%; Total: $495,875,000
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Benchmark Treasury:
|
2.375% due August 2024
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Benchmark Treasury Price and Yield:
|
100-9+, 2.341%
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Spread to Benchmark Treasury:
|
98 bps
|
Re-offer yield:
|
3.321%
|
Make-Whole Spread:
|
15 basis points
|
Denominations:
|
$1,000 and integral multiples of $1,000
|
Joint-Book Running Managers:
|
J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Morgan Stanley & Co. LLC
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CUSIP Number:
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85771P AX0
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ISIN:
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US85771PAX06
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