Equinor $1.5 Billion Notes Offering
5/22/2020

Davis Polk advised the joint book-running managers in connection with an SEC-registered offering by Equinor ASA of $750 million aggregate principal amount of 1.750% fixed-rate notes due 2026 and $750 million aggregate principal amount of 2.375% fixed-rate notes due 2030, guaranteed by its subsidiary, Equinor Energy AS.

Based in Norway, Equinor ASA is an international energy company primarily engaged in oil and gas exploration and production activities. 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 provinces in the world. Equinor’s activities span operations in more than 30 countries and the company employs approximately 21,400 employees worldwide.

The Davis Polk corporate team included partner Leo Borchardt and associates Maxim Van de moortel and Eyvana Maria Bengochea. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. European counsel John Taylor provided European regulatory advice. All members of the Davis Polk team are based in the London office.