media release

AkzoNobel successfully issues €500 million bond

AkzoNobel announced that the company on April 1, 2016 has launched a €500 million bond at attractive terms, with a ten-year maturity, at a coupon of 1.125 percent.

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

The new bond will be issued by Akzo Nobel N.V. and will be listed on the Luxembourg Stock Exchange. Settlement is scheduled for April 8, 2016, and the bonds will mature on April 8, 2026.

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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