Bond & Credit Information

The following graph shows the debt maturity schedule as per February 20, 2013:

130220 Bond Maturity graph

Bond Information

On July 20, 2012, AkzoNobel successfully launched a €750 million euro bond at attractive terms, with a ten year maturity, at a coupon of 2.625 percent.  The new bond issue will improve the overall debt profile of AkzoNobel, further reducing future refinancing risk and improving its maturity profile.

Both the chart as well as the table are updated for this change:

Debt typeIssuerMaturityCurrencyAmountISIN code
5.588% EUR BondAkzo Nobel NV26/06/2013EUR14.5Private Placement
Floating Rate GBP NoteAkzo Nobel NV30/06/2013GBP40,3QQ00B2854T72
5.625% USD BondICI Wilmington01/12/2013USD500US449909AL48
7.75% EUR BondAkzo Nobel Sweden
Finance AB
7.25% EUR BondAkzo Nobel NV27/03/2015EUR622XS0419378236
8.00% GBP BondAkzo Nobel NV06/04/2016GBP250XS0422084698
4.00% EUR BondAkzo Nobel NV17/12/2018EUR800XS0719962986
2.625% EUR BondAkzo Nobel Sweden
Finance AB

Standby Facility
€1.8 billion syndicated Revolving Facility

Key terms & conditions
BorrowerAkzo Nobel NV
Facility amount€ 1.8 billion
PurposeGeneral corporate purposes
Financial ratio covenantsNone

In addition to the €1.8 billion revolving facility, AkzoNobel has a €1.5 & $1 billion commercial paper program in place, which can only be used to the extent that the equivalent portion of the revolving credit facility is not used .

Credit Rating
AkzoNobel is committed to maintaining a strong investment grade rating. Regular review meetings are held between rating agencies and AkzoNobel senior management.

See table for present rating and outlook: (the Fitch rating is unsolicited)

Rating agencyLong-term ratingOutlook
Standard & Poor’s2BBB+stable

1 Rating affirmed on April 21, 2011

2 Rating affirmed on April 8, 2011