on ARKEMA (EPA:AKE)
Arkema Successfully Completes €500 Million Bond Issue
Colombes, 5 September 2024 - Arkema has successfully launched a €500 million senior bond issue with a 10-year maturity and an annual coupon of 3.50%. This operation aligns with Arkema's financing policy, aiming to refinance upcoming bond maturities and extend the average maturity of its debt.
This bond issue underlines the company's commitment to solid financial management. Rated BBB+ by Standard & Poor’s (positive outlook) and Baa1 by Moody’s (stable outlook), Arkema maintains a robust credit profile.
Arkema, a leading player in materials science, strives to become a specialist in sustainable materials, highlighting its divisions in Adhesive Solutions, Advanced Materials, and Coating Solutions. In 2023, the company reported sales of around €9.5 billion, employing 21,100 people across 55 countries.
R. H.
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