DuPont announced the early results of its tender offer to purchase $739,256,000 aggregate principal amount of its 5.419% Notes due 2048.
The offer was made for a maximum tender amount and was oversubscribed, leading to proration.
Payment for accepted notes will be made on the Early Settlement Date, with consideration of $1,000 per $1,000 principal amount.
Tender Offer Results
The tender offer was oversubscribed, resulting in proration of accepted notes.
Payment Details
Accepted notes will receive $1,000 per $1,000 principal amount, excluding accrued interest.
Debt Repayment
DuPont will repay a significant amount of senior notes post-Tender Offer completion, achieving its intended capital structure.
- Following the successful completion of the Tender Offer, DuPont will have repaid approximately $4.0 billion in senior notes, aligning with its capital structure goals.
The Tender Offer results indicate strong investor participation and DuPont's commitment to managing its debt efficiently.