ENXTAM:AKZAChemicals
A Look At Akzo Nobel (ENXTAM:AKZA) Valuation After €1.1b Euro Bond Issuance
Akzo Nobel’s new bond issues and what they mean for shareholders
Akzo Nobel (ENXTAM:AKZA) has launched two senior unsecured euro bond issues totaling €1.1b, offering 4% notes due 2031 and 4.625% notes due 2036. This is a funding move that directly affects its capital structure.
See our latest analysis for Akzo Nobel.
Despite the new bond issues, Akzo Nobel’s share price has been weak, with a 30-day share price return of 19.93% and a 1-year total shareholder return of 15.86%. This suggests...