Credit rating and bonds

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

Rating agency

Long-term rating

Outlook

1

Rating affirmed January 2019.

2

Rating affirmed October 2018.

Moody’s1

Baa1

Stable

Standard & Poor’s2

BBB+

Stable

Bonds

On December 17, 2018, a 4% €800 million bond reached maturity and was repaid. The maturity schedule of outstanding bonds can be seen on this page.

Debt maturity1

in € millions (nominal amounts)

AkzoNobel on the capital markets – Bonds – Debt maturity (bar chart)

1 At the end of 2018.