Credit rating and bonds

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 November 13, 2014.

2

Rating affirmed on December 12, 2014.

Moody’s 1

 

Baa1

 

Stable

Standard & Poor’s 2

 

BBB+

 

Stable

Bonds

On January 31, 2014, an €825 million bond was repaid from existing resources. On November 7, 2014, a further €500 million bond was issued, taking advantage of favorable market conditions and historically low interest rates.

Debt maturity *
in € millions (nominal amounts)

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

* At the end of Q4 2014.

For further information please go to
www.akzonobel.com/investors