
Evonik Finance B.V., founded in 2005 and headquartered in Amsterdam, serves as the financing arm of Evonik Industries AG, a leading global specialty chemicals company based in Germany. The company focuses on providing tailored financial solutions to support the growth and operational needs of its parent company, facilitating access to capital markets for strategic investments and corporate activities.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
EVKGR 0.75% 2028-09-07 EUREvonik Finance B.V. | Netherlands | 2028-09-07 | 0.750 | 2.54 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Evonik Finance has been an active participant in the bond market since its inception, issuing its first bonds in 2011 to fund acquisitions and expansion efforts. Notably, in 2020, the company issued a €500 million bond at a yield of 0.75%, which was well-received amidst low-interest-rate trends in the industry. This issuance is significant as it reflects Evonik’s robust credit rating and strong market position, allowing it to attract substantial investor interest. The company’s bonds typically feature medium-to-long maturities, aiding in financing its long-term strategic initiatives and maintaining a stable capital structure.