Akzo Nobel is a global paints and coatings company, producing decorative paints, performance coatings, and specialty chemicals.
This financial instrument, identified by ISIN XS0719962986, represents a bond issued by Akzo Nobel, the Dutch multinational company recognized globally for its extensive operations in paints, coatings, and specialty chemicals. Originating from the Netherlands, this particular Euro-denominated bond featured an annual interest rate of 4% on a total issuance volume of EUR 800,000,000. Investors were able to participate with a minimum purchase size of EUR 100,000, and the bond, which was noted to be trading at 100% of its nominal value, reached its final maturity on December 17, 2018. At that specified date, the obligation was successfully redeemed and fully repaid, completing its lifecycle as a fixed-income instrument.
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