Credit rating and bonds
Credit rating
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 |
||
|---|---|---|---|---|
Moody’s* |
Baa1 |
Stable |
||
Standard & Poor’s* |
BBB+ |
Stable |
||
|
||||
Bonds
On April 7, 2020, AkzoNobel launched a €750 million bond, with a ten-year maturity and a coupon of 1.625%. The maturity schedule of outstanding bonds is shown below.
Debt maturity1
in € millions (nominal amounts)
1 As of April 2020.