Arkema SA

11/25/2019 | Press release | Distributed by Public on 11/25/2019 11:02

Arkema Successfully Launched a €500 Million Bond Issue

Arkema Successfully Launched a €500 Million Bond Issue

25 Nov 2019 17:58 CET

Company Name

ARKEMA

ISN

FR0010313833

Market

Euronext

Symbol

AKE

Regulatory News:

Arkema (Paris:AKE) 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 long-term 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

View source version on businesswire.com: https://www.businesswire.com/news/home/20191125005647/en/

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]

Source

ARKEMA

Provider

BusinessWire