Arkema Successfully Launched a €400 Million Bond Issue
17 January 2023 - 4:12AM
Business Wire
Regulatory News:
Arkema (Paris:AKE) successfully completed today a €400
million bond issue with an eight-year maturity and an annual coupon
of 3.50%.
This operation was carried out as part of the Group’s financing
policy. It will enable the Group to extend the average maturity of
its financial resources and initiate the refinancing of its
upcoming bond maturities.
Arkema is rated BBB+ by Standard & Poor’s and Baa1 by
Moody’s (stable outlook).
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Building on its unique set of expertise in materials science,
Arkema offers a portfolio of first-class technologies to address
ever-growing demand for new and sustainable materials. With the
ambition to become in 2024 a pure player in Specialty Materials,
the Group is structured into 3 complementary, resilient and highly
innovative segments dedicated to Specialty Materials - Adhesive
Solutions, Advanced Materials, and Coating Solutions - accounting
for some 85.5% of Group sales in 2021, and a well-positioned and
competitive Intermediates segment. Arkema offers cutting-edge
technological solutions to meet the challenges of, among other
things, new energies, access to water, recycling, urbanization and
mobility, and fosters a permanent dialogue with all its
stakeholders. The Group reported sales of around €9.5 billion in
2021, and operates in some 55 countries with 20,200 employees
worldwide.
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version on businesswire.com: https://www.businesswire.com/news/home/20230116005463/en/
Investor relations contacts Béatrice Zilm, +33 (0)1 49 00
75 58 beatrice.zilm@arkema.com
Peter Farren +33 (0)1 49 00 73 12 peter.farren@arkema.com
Mathieu Briatta +33 (0)1 49 00 72 07
mathieu.briatta@arkema.com
Caroline Chung +33 (0)1 49 00 74 37
caroline.chung@arkema.com
Press contact Anne Plaisance +33 (0)6 81 87 48 77
anne.plaisance@arkema.com
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