Statoil sells $2 bln in upsized debt sale - IFR

NEW YORK Tue Aug 10, 2010 2:35pm EDT

NEW YORK Aug 10 (Reuters) - Norway's Statoil (STL.OL) on Tuesday sold a $2 billion in a two-part debt sale after upsizing it from $1.25 billion, according to IFR, a Thomson Reuters service.

Statoil sold $1.25 billion of seven-year notes priced at 95 basis points over comparable Treasuries and $750 million of 30-year bonds priced at 115 basis points over Treasuries, IFR said.

Barclays, Deutsche Bank and JPMorgan were the lead managers on the deal. (Reporting by Karen Brettell)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.