Akzo Nobel N.V.
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Publicatie datum
15 dec 2011 - 17:51
Statutaire naam
Akzo Nobel N.V.
Titel
Re-purchase of 2014 & 2015 bonds successfully completed
Bericht
December 15, 2011
AkzoNobel has today announced the results of its tender offer launched on 8 December 2011 to buy back a proportion of its bonds set to mature in January 2014 (7.75 percent, €1 billion) and March 2015 (7.25 percent, €975 million).
The tender was conducted on a public auction basis, and bonds with a total nominal amount in excess of €680 million were tendered by investors. AkzoNobel will accept bonds tendered at the most competitive level, for a total nominal amount of €528 million and a total consideration of €632.5 million. The accepted tenders are split as follows:
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