Danone successfully issues a €700 million bond
05 September 2024 - 6:10PM
UK Regulatory
Danone successfully issues a €700 million bond
Press Release – Paris, September 5, 2024
Danone successfully issues a €700 million
bond
Danone announces that it has issued today a €700
million bond with a 7-year maturity and a 3.20% coupon.
In line with the company’s active liquidity
management, this issue enables Danone to enhance its funding
flexibility while extending the maturity of its debt.
The settlement is expected to take place on
September 12, 2024 and the bonds will be listed on Euronext
Paris.
The bond issue was widely subscribed by a
diversified investor base, confirming the high confidence in
Danone’s business model and credit profile.
Danone is rated BBB+, stable outlook, by
Standard & Poor’s and Baa1, stable outlook, by Moody’s.
About Danone
(www.danone.com)
Danone is a leading global food and beverage
company operating in three health-focused, fast-growing and
on-trend Categories: Essential Dairy & Plant-Based products,
Waters and Specialized Nutrition. With a long-standing mission of
bringing health through food to as many people as possible, Danone
aims to inspire healthier and more sustainable eating and drinking
practices while committing to achieve measurable nutritional,
social, societal and environment impact. Danone has defined its
“Renew” strategy to restore growth, competitiveness, and value
creation for the long-term. With almost 90,000 employees, and
products sold in over 120 markets, Danone generated €27.6 billion
in sales in 2023. Danone’s portfolio includes leading international
brands (Actimel, Activia, Alpro, Aptamil, Danette, Danio,
Danonino, evian, Nutricia, Nutrilon, Volvic, among others) as
well as strong local and regional brands (including AQUA,
Blédina, Bonafont, Cow & Gate, Mizone, Oikos and
Silk). Listed on Euronext Paris and present on the OTCQX
platform via an ADR (American Depositary Receipt) program,
Danone is a component stock of leading sustainability indexes
including the ones managed by Moody’s and Sustainalytics, as well
as MSCI ESG Indexes, FTSE4Good Index Series, Bloomberg Gender
Equality Index, and Access to Nutrition Index. Danone’s ambition is
to be B CorpTM certified at global level in 2025.
- pressreleasedanonebondseptember2024
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