2023-05-12 04:13:35 ET
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Corteva ( NYSE: CTVA ) prices public offering by its direct subsidiary, EIDP totaling $1.2B of senior notes.
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The net proceeds from the sale of the notes will be used for general corporate purposes.
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The public offering consists of $600M aggregate principal amount of its 4.500% senior notes due in 2026, which will be issued at 99.872% of their principal amount, and $600M aggregate principal amount of its 4.800% senior notes due in 2033 which will be issued at 99.639% of their principal amount.
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Closing expected on May 15.
For further details see:
Corteva prices $1.2B worth senior notes