US EditionCorteva Announces Pricing of Senior Notes Offering
- On May 12, 2025, from Indianapolis, Corteva, Inc. announced that its subsidiary EIDP, Inc. set the terms for a public issuance of $500 million in 5.125% Senior Notes maturing in 2032.
- The offering arises to raise $500 million through Senior Notes due May 15, 2032, replacing EIDP's existing 1.700% Senior Notes maturing in 2025.
- The Senior Notes, called the Notes, carry an interest rate of 5.125% payable semi-annually, with net proceeds allocated for general corporate purposes including redemption of 2025 Notes.
- The transaction is anticipated to be finalized on May 14, 2025, contingent upon the fulfillment of standard closing requirements, as Corteva continues to highlight its leadership in agricultural innovation and market presence.
- Forward-Looking statements include risks and uncertainties described in SEC-filed documents, indicating there is no assurance the expected outcomes will be achieved.
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Corteva Announces Pricing of Senior Notes Offering
INDIANAPOLIS, May 12, 2025 /PRNewswire/ -- Corteva, Inc. ("Corteva") (NYSE: CTVA) today announced the pricing of a public offering by its direct subsidiary, EIDP, Inc. ("EIDP") of $500 million principal amount of its 5.125% Senior Notes due in 2032 (the…
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