COLOMBES, France--(BUSINESS WIRE)--Regulatory News:
Arkema (Paris:AKE) successfully completed today a €700 million bond issue with a ten-year maturity at a coupon of 1.50%.
This operation, which will enable the Group to refinance and extend the average maturity of its financial resources taking advantage of favorable market conditions, is carried out as part of its long-term financing policy.
Arkema is rated BBB by Standard & Poor’s and Baa2 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 €7.5 billion, we employ approximately 20,000 people worldwide and operate in close to 50 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