Eastman launches $250M tender offer for its 3.800% notes due 2025

EASTMAN CHEMICAL CO

Company tenders up to $250M of its 3.800% notes due 2025; early tender deadline Aug 9, 2024.
Early tender premium $30 per $1,000 principal; fixed spread 22.5 bps over 1.750% UST due 03/15/2025.
Offer conditioned on completion of new debt offering; acceptance subject to proration if over-subscribed.
Expiration Aug 26, 2024; early settlement expected Aug 14, 2024; final settlement Aug 28, 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.