media release

AkzoNobel Successfully Launches €1 Billion Bond Issue

AkzoNobel has today announced that the company has successfully launched a euro bond issue of €1 billion with a maturity of five years.

The proceeds of this transaction will allow AkzoNobel to extend its debt maturity profile. This €1 billion bond issue, which offers a 7.75 percent coupon, attracted more than €3.5 billion in orders and has been placed with a diversified investor base.

The bonds are issued by Akzo Nobel Sweden Finance AB, guaranteed by Akzo Nobel NV, and they will be listed on the Luxembourg Stock Exchange.

Trading is expected to commence on December 12 and the bonds will mature on January 31, 2014.

AkzoNobel is rated A- negative by Standard & Poors and A3 negative by Moody's. BNP Paribas, Deutsche Bank and HSBC acted as joint lead managers for this issue.

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