secwatch.observer — SEC 8-K summary
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Issuer:     EASTMAN CHEMICAL CO (EMN)
CIK:        0000915389
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001193125-24-187794
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastman prices $500M 5.000% notes due 2029; tender offer for $250M 3.800% notes due 2025
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- $500M aggregate principal amount of 5.000% notes due 2029 priced July 29, expected to close Aug 1, 2024.
- Net proceeds partly fund cash tender offer for up to $250M of 3.800% notes due 2025; tender expires Aug 26, 2024.
- Joint book-running managers: BofA, Citigroup, J.P. Morgan, Mizuho, Morgan Stanley; passive managers also named.
- Remaining proceeds for general corporate purposes, working capital, capex, and repayment of other debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915389/000119312524187794/0001193125-24-187794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915389/000119312524187794/d812037d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-187794

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