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AkzoNobel Successfully Issues a €500 Million Bond

  • Categories:Industry News
  • Author:Coating world
  • Origin:Coating world
  • Time of issue:2024-09-20 16:27
  • Views:

(Summary description)The bond issue extends the duration of the company’s overall bond portfolio.

AkzoNobel Successfully Issues a €500 Million Bond

(Summary description)The bond issue extends the duration of the company’s overall bond portfolio.

  • Categories:Industry News
  • Author:Coating world
  • Origin:Coating world
  • Time of issue:2024-09-20 16:27
  • Views:
Information

The bond issue extends the duration of the company’s overall bond portfolio.

 

AkzoNobel has announced the launch of a €500 million bond at attractive terms, with a ten-year maturity and a coupon of 3.750%.

 

 

The bond issue extends the duration of the company’s overall bond portfolio, taking advantage of favorable market conditions.

 

The bond will be issued by Akzo Nobel N.V. and will be listed on the Luxembourg Stock Exchange.

 

Settlement is scheduled for September 16, 2024, with the bond maturing on September 16, 2034.

 

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