secwatch.observer — SEC 8-K summary
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Issuer:     EASTMAN CHEMICAL CO (EMN)
CIK:        0000915389
Form:       8-K
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001193125-25-032004
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastman Chemical issues $250M of 5.000% Notes due 2029, net proceeds ~$246.2M
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- Issued $250M aggregate principal of 5.000% Notes due 2029, forming a single series with $500M notes issued Aug 2024.
- Net proceeds estimated at $246.2M after underwriting discounts and estimated offering expenses.
- Interest paid semi-annually on Feb 1 and Aug 1; maturity Aug 1, 2029.
- Redeemable prior to July 1, 2029 at Treasury Rate plus 15 bps make-whole; after that at par.
- Proceeds for general corporate purposes including working capital, capex, debt repayment, and strategic initiatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915389/000119312525032004/0001193125-25-032004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915389/000119312525032004/d850469d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-032004

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