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Statoil sells $2 bln in upsized debt sale - IFR
August 10, 2010 / 6:36 PM / 7 years ago

Statoil sells $2 bln in upsized debt sale - IFR

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)

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