Mergers and Acquisitions, Paint & Coatings Manufacturer News

AkzoNobel Successfully Raises €1.1 billion Via a Dual-tranche Bond

The bond will be issued by Akzo Nobel N.V. and will be listed on the Luxembourg Stock Exchange

Author Image

By: KERRY PIANOFORTE

Editor, Coatings World

AkzoNobel has announced the launch of a dual-tranche bond of €1.1 billion consisting of a €600 tranche and a €500 tranche, with five-year and ten-year maturities and coupon of 4.000% and 4.625% respectively.

The bond issue (officially launched on March 16, 2026) extends the duration of the company’s overall bond portfolio and supports financing initiatives related to the proposed merger with Axalta. The bond will be issued by Akzo Nobel N.V. and will be listed on the Luxembourg Stock Exchange. Settlement is scheduled for March 25, 2026, with the bonds maturing on March 25, 2031, and March 25, 2036. 


Keep Up With Our Content. Subscribe To Coatings World Newsletters