Danone successfully issues a triple-tranche bond totaling €1.5 billion
Danone raises €1.5 billion across three euro bond tranches to support liquidity management and lengthen its debt maturity profile.
Rhea-AI Summary
Danone (DANOY) has launched a triple-tranche bond offering totaling €1.5 billion on September 21, 2026.
The issue comprises three €500 million tranches: 18‑month notes paying a floating coupon of 3‑month Euribor +0.30%, 5‑year notes with a 4.0910% fixed coupon, and 9‑year notes with a 4.4180% fixed coupon. The company states that the transaction supports active liquidity management by enhancing funding flexibility and extending overall debt maturity.
Settlement is expected on September 28, 2026, with listing on Euronext Paris. The offering was widely subscribed by a diversified investor base. Danone is rated BBB+ with stable outlook by Standard & Poor’s and Baa1 with stable outlook by Moody’s.
Positive
- Bond issuance €1.5 billion across 18‑month, 5‑year and 9‑year tranches
- Diversified investor demand with the bond described as widely subscribed
- Debt maturity profile extended, supporting stated funding flexibility goals
Negative
- New debt €1.5 billion added to the company’s capital structure
AI-generated analysis. How Rhea-AI works. Not financial advice.
Press release – Paris, September 21, 2026, at 6:00 PM CEST
Danone successfully issues a triple-tranche bond totaling
Danone announces that it has today launched a triple-tranche bond offering with a total amount of
- a
€500 million tranche of 18-month notes, carrying a floating coupon of 3-month Euribor +0.30% ; - a
€500 million tranche of 5-year notes, carrying a 4.0910 % coupon; - a
€500 million tranche of 9-year notes, carrying a 4.4180 % 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 28th, 2026, 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.
The prospectus containing the terms and conditions of the notes will be available on Danone’s website at the following address: Debt & Rating | Danone Group
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 environmental impact. Danone has defined its Renew strategy to restore growth, competitiveness, and value creation for the long-term. With c.90,000 employees, and products sold in over 120 markets, Danone generated
o o O o o
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements concerning Danone that are subject to risks and uncertainties. Generally, you can identify these forward-looking statements by forward-looking words, such as “estimate”, “expect”, “anticipate”, “project”, “plan”, “intend”, “objective”, “believe”, “forecast”, “guidance”, “foresee”, “likely”, “may”, “should”, “goal”, “target”, “might”, “will”, “could”, “predict”, “continue”, “convinced” and “confident,” the negative or plural of these words and other comparable terminology or by using future dates. Forward-looking statements in this press release include but are not limited to predictions of future activities, operations, direction, performance and results of Danone.
These forward-looking statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those anticipated in these forward-looking statements. For a detailed description of risks and uncertainties, please refer to the “Risk Factor” section of Danone’s Universal Registration Document (the current version of which is available at www.danone.com).
Subject to regulatory requirements, Danone does not undertake to publicly update or revise any of these forward-looking statements. This document does not constitute an offer to sell or a solicitation of an offer to buy Danone securities
Attachment
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the coupons on each of Danone’s new bond tranches?
The 18‑month tranche pays a floating coupon of 3‑month Euribor +0.30%. The 5‑year tranche carries a fixed 4.0910% coupon, and the 9‑year tranche carries a fixed 4.4180% coupon.
When will the new Danone bonds settle and where will they be listed?
Settlement of the triple‑tranche bond offering is expected on September 28, 2026, and the bonds are to be listed on Euronext Paris.
What are Danone’s current credit ratings mentioned in the announcement?
Danone is rated BBB+ with a stable outlook by Standard & Poor’s and Baa1 with a stable outlook by Moody’s.
Where can investors find the full prospectus for these notes?
The prospectus containing the terms and conditions of the notes will be available on Danone’s website in the Debt & Rating | Danone Group section.