We advised the joint book-running managers on the investment-grade notes

Davis Polk advised the joint book-running managers in connection with an SEC-registered shelf-takedown offering by Equinor ASA of $250 million aggregate principal amount reopening of its 4.250% fixed-rate notes due 2028, $250 million aggregate principal amount reopening of its 4.500% fixed-rate notes due 2030 and $1 billion aggregate principal amount of 4.750% fixed-rate notes due 2035, all guaranteed by its subsidiary, Equinor Energy AS.

Based in Norway, Equinor ASA is an international energy company primarily engaged in oil and gas exploration, production, transportation, refining and marketing of petroleum and other forms of energy. In addition to being the leading operator on the Norwegian Continental Shelf, Equinor also has substantial international activities and is present in several of the most important oil and gas sites in the world. Equinor employs approximately 25,000 individuals, with operations across six continents and offices in more than 20 countries.

The Davis Polk corporate team included partner Leo Borchardt, counsel Maxim Van de moortel and associate Matt Meagher. Counsel Alon Gurfinkel and associate Ya Sheng Lin provided tax advice. Counsel John Taylor and associate Mary Valtas provided European regulatory advice. All members of the Davis Polk team are based in the London office.