Change

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 September 3, 2010; outlook changed from negative to stable

2

Rating affirmed on August 27, 2010, outlook changed from negative to stable

Moody’s1

Baa1

stable

Standard & Poor’s2

BBB+

stable

Bonds

During 2010, no new bonds were issued. We redeemed $40 million in floating rate loan notes that matured during the year. For a full overview of our bonds, please visit the Bond & Credit information section of our corporate website: www.akzonobel.com/investor_relations

Debt maturity in millions

Debt maturity in millions (bar chart)
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