The food giant will list 18-month, 5-year, and 9-year notes on Euronext Paris.
Danone launched a €1.5 billion triple-tranche bond offering on September 21, 2026. The transaction is divided into three equal tranches of €500 million each, designed to strengthen funding flexibility and extend the maturity profile of its debt.
The first tranche consists of 18-month notes carrying a floating coupon of 3-month Euribor plus 0.30%. The second tranche features 5-year notes with a fixed coupon of 4.0910%. The third tranche offers 9-year notes with a fixed coupon of 4.4180%.
Settlement is scheduled for September 28, 2026, with the bonds listing on Euronext Paris. Danone holds credit ratings of BBB+ with a stable outlook from Standard & Poor's and Baa1 with a stable outlook from Moody's.
Danone noted that the offering drew broad subscription from a diversified investor base. The food and beverage group, which employs around 90,000 people and sells products across more than 120 markets, generated €27.3 billion in sales in 2025.
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