media release

AkzoNobel successfully issues €500 million bond - 2014

AkzoNobel today announced that the company has launched a €500 million bond at attractive terms, with a ten-year maturity, at a coupon of 1.75 percent.

The new bond issue extends the duration of the overall bond portfolio, taking advantage of favorable market conditions and historically low interest rates.

The new bonds will be issued by Akzo Nobel N.V. and will be listed on the Luxembourg Stock Exchange. Settlement is scheduled for November 7, 2014, and the bonds will mature on November 7, 2024.

AkzoNobel is committed to maintaining a strong investment grade rating. Currently, the company has a BBB+ rating with Standard & Poor's and a Baa1 rating with Moody's.

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