UPDATE 3-Maersk says 750 mln euro bond oversubscribed

* Says 5-yr bond was oversubscribed by factor of 6.5

* Bond placed with coupon of 4.875 pct

* Maersk says bond to help diversify funding

(Recasts with outcome of offer, adds details, updates shares)

COPENHAGEN, Oct 23 (Reuters) - Danish shipping and oil group A.P. Moller-Maersk (MAERSKb.CO) placed 750 million euros ($1.13 billion) worth of bonds in an oversubscribed offer meant to diversify its funding, the company said on Friday.

"The transaction generated significant demand from investors all over Europe and the bonds were 6.5 times oversubscribed," A.P. Moller-Maersk said in a statement.

The 2014 bond, Maersk's first ever offering in the international corporate bond market, was placed with a coupon of 4.875 percent, Maersk said.

The pricing was at 205 basis points over mid-swaps. [ID:nLN429951]

"With this transaction we have taken the first step to include debt capital markets as a funding source for the Group with a view to diversify our sources of financing," Maersk's head of finance Jan Kjaervik said in the statement.

Maersk said that the bond issue "will have no impact on the previous announced expectations for the financial year 2009".

A.P. Moller-Maersk, which owns the world's biggest container shipping company Maersk Line, had said in its second-quarter report in August that it would consider issuing bonds to diversify its funding.

The proceeds will be used for general purposes and repayment of funds drawn on revolving bank facilities, it said.

Danske Bank, HSBC, ING, J.P. Morgan and Nordea Bank placed the bonds, Maersk said.

Shares in A.P. Moller-Maersk closed up 3.5 percent at 38,300 Danish crowns, outperforming a 1 percent rise in the Copenhagen bourse's bluechip index .OMXC20. ($1=.6664 Euro) (Reporting by John Acher and Karin Jensen; Editing by Mike Nesbit and Jon Loades-Carter)