Corteva’s EIDP Signs Indenture Amendments Ahead of Planned Separation
Filed with the SEC on · Summarized by InvestorsBot
Corteva subsidiary EIDP entered into a fourth supplemental indenture with U.S. Bank Trust Company, adopting amendments that would remove most restrictive covenants and nonpayment, nonbankruptcy events of default, as well as change-of-control repurchase provisions, from its notes. The required holder consents have been received, but the amendments will become operative only when Vylor’s exchange offers for EIDP’s 2030, 2032 and 2033 notes settle alongside the Separation; no dollar amounts were disclosed.