Danone successfully issues a €800 million bond

Rhea-AI Summary

Danone (DANOY) has successfully issued a €800 million bond with an 8-year maturity and a 3.438% coupon rate. The bond issuance, announced on April 1, 2025, aims to enhance the company's funding flexibility and extend its debt maturity.

The settlement is scheduled for April 7, 2025, with the bonds to be listed on Euronext Paris. The issue attracted widespread subscription from diverse investors, demonstrating strong confidence in Danone's business model and credit profile. The company maintains stable credit ratings of BBB+ from Standard & Poor's and Baa1 from Moody's.

Positive

• Successful €800M bond issuance indicates strong market confidence
• Wide subscription from diverse investor base
• Stable credit ratings from major agencies (BBB+ S&P, Baa1 Moody's)
• Enhanced funding flexibility and extended debt maturity

Negative

• Additional €800M in long-term debt obligation
• 3.438% interest expense on new debt

Press Release – Paris, April 1, 2025, at 6:00 PM CEST

Danone successfully issues a €800 million bond

Danone announces that it has issued today a €800 million bond with a 8-year maturity and a 3.438% 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 April 7, 2025, 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 over 90,000 employees, and products sold in over 120 markets, Danone generated €27.4 billion in sales in 2024. 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 Corp^TM certified at global level in 2025.

Attachment

• prdanonebond010425

FAQ

What are the key terms of Danone's (DANOY) new bond issuance in 2025?

Danone issued an €800 million bond with an 8-year maturity and 3.438% coupon rate, settling on April 7, 2025.

What is the current credit rating for Danone (DANOY) stock?

Danone maintains a BBB+ rating from Standard & Poor's and Baa1 from Moody's, both with stable outlook.

Where will Danone's (DANOY) new €800 million bonds be listed?

The bonds will be listed on Euronext Paris.

What is the purpose of Danone's (DANOY) €800 million bond issuance?

The bond issuance aims to enhance Danone's funding flexibility and extend its debt maturity.