Maersk says euro bond 6.5 times oversubscribed

COPENHAGEN Oct 23 (Reuters) - Danish shipping and oil group A.P. Moller-Maersk (MAERSKb.CO) said on Friday its 750 million euros ($1.13 billion) bond offering was oversubscribed by a factor of 6.5.

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

"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.

"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.

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

(Reporting by John Acher)