Corteva reports strong early participation in bond exchange, extends deadline
Filed with the SEC on · Summarized by InvestorsBot
Corteva said holders tendered $1.425 billion of EIDP notes by August 19, representing 86.33% to 93.69% of the $1.6 billion outstanding across three series due 2030, 2032 and 2033, and provided the consents needed for proposed indenture amendments. The exchange expiration date was extended from September 3 to September 29, 2026; settlement is expected around the second business day afterward and alongside Corteva’s planned October 1 separation, subject to conditions.