Corteva Extends Debt Exchange Deadline Ahead of Planned Separation
Filed with the SEC on · Summarized by InvestorsBot
Corteva subsidiary Vylor extended the deadline for eligible holders to exchange EIDP notes for new Vylor notes from 5:00 p.m. September 29 to 5:00 p.m. September 30, 2026. As of September 29, holders had tendered $434.8 million of the $500 million 2030 notes, $476.2 million of the $500 million 2032 notes and $527.6 million of the $600 million 2033 notes; settlement is expected around the first business day after the deadline and alongside Corteva’s planned separation into crop protection and seed companies, subject to remaining conditions.