debt
confidence high
sentiment positive
materiality 0.50
Eastman Chemical announces early tender results for $250M 3.800% Note buyback
EASTMAN CHEMICAL CO
- $276.887M principal tendered; $250M capped amount accepted on pro rata basis at 90.28% proration factor.
- Total consideration of $993.26 per $1,000 principal, inclusive of $30 early tender premium.
- Early settlement expected on August 14, 2024; no further notes accepted after early deadline.
- Notes outstanding total $699.992M; Tender Offer expires August 26, 2024 unless extended.