8-KItem 8.01 · Other EventsItem 9.01 · Financial Statements
Corteva’s Vylor subsidiary issues $1.1 billion in notes for planned separation
Filed with the SEC on · Summarized by InvestorsBot
On August 31, 2026, Vylor Inc., Corteva’s seed-business subsidiary, issued $1.1 billion of senior notes: $550 million due 2031 at 5.125% interest and $550 million due 2036 at 5.625%. Vylor plans to use the proceeds mainly to make a cash distribution to parent EIDP, Inc. as partial consideration for transferring Corteva’s seed business, while EIDP guarantees the notes until the separation is completed; if the separation does not occur, Vylor must redeem the notes at 101% of principal plus accrued interest.