Credit rating and bonds

Credit rating and outlook

AkzoNobel is committed to maintaining a strong investment grade rating. Regular review meetings are held between rating agencies and AkzoNobel senior management. See table for present rating and outlook.

Rating agency

 

Long-term rating

 

Outlook

1

Rating affirmed on July 31, 2013.

2

Rating affirmed on Jan 22, 2014.

Moody’s1

 

BAA1

 

Negative

Standard & Poor’s2

 

BBB+

 

Stable

Bonds

The proceeds from the divestment of the North American Decorative Paints business enabled the repayment of the $500 million bond which matured at the end of 2013. For a full overview of our bonds, please see the Bond & Credit Information in the Investors section of our corporate website.

Debt maturity* in € millions (nominal amounts)

Debt maturity* in € millions (nominal amounts) (bar chart)

* At the end of Q4 2013.

For more information, please refer to www.akzonobel.com/investors