Credit rating and bonds

We’re 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

*

Rating affirmed December 2020.

The maturity schedule of outstanding bonds is shown below.

Debt maturity1

in € millions (nominal amounts)

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

1 As of April 2020.