What changed
Vylor Inc., a Corteva subsidiary, received tenders of $434,841,000 of EIDP's 2.300% Senior Notes due 2030 (86.97%), $476,214,000 of the 5.125% Senior Notes due 2032 (95.24%), and $527,584,000 of the 4.800% Senior Notes due 2033 (87.93%) as of the September 30, 2026 expiration. All conditions were satisfied except consummation of Corteva's separation into two independent public companies, one holding crop protection and the other seed, to be owned by Vylor. Settlement is expected substantially simultaneously with the separation, anticipated on or about October 1, 2026.
Why it matters
Vylor Inc., a Corteva subsidiary, received tenders of $434,841,000 of EIDP's 2.300% Senior Notes due 2030 (86.97%), $476,214,000 of the 5.125% Senior Notes due 2032 (95.24%), and $527,584,000 of the 4