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 long-term financing policy.
Arkema is rated BBB+ by Standard & Poor’s and Baa1 by Moody’s (outlook stable).