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Arkema Capital/Financing Update 2019
1117_iss_2019-11-25_419f4508-d700-4221-a787-199f304d1164.pdf
Capital/Financing Update
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Arkema successfully launched a €500 million bond issue
Arkema successfully completed today a €500 million bond issue with a ten-year maturity at a yearly coupon of 0.75%.
This operation, which enables the Group to refinance its €480 million outstanding senior notes with a 3.85% coupon maturing in April 2020 taking advantage of favorable market conditions, is carried out as part of the Group's longterm financing policy.
Arkema is rated BBB+ by Standard & Poor's and Baa1 by Moody's (outlook stable).
A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €8.8 billion in 2018, we employ approximately 20,000 people worldwide and operate in close to 55 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation. www.arkema.com
INVESTOR RELATIONS CONTACTS
| Béatrice Zilm | +33 1 49 00 75 58 | [email protected] |
|---|---|---|
| Arié Taïeb | +33 1 49 00 72 07 | [email protected] |
| Peter Farren | +33 1 49 00 73 12 | [email protected] |
MEDIA CONTACTS
Véronique Obrecht +33 1 49 00 88 41 [email protected]