secwatch.observer — SEC 8-K summary
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Issuer:     STEPAN CO (SCL)
CIK:        0000094049
Form:       8-K
Filed at:   2025-05-21T23:59:59+00:00
Accession:  0001193125-25-124025
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stepan issues $75M in senior notes at 6.17% due 2033
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- Issued $37.5M Series 2025-A and $37.5M Series 2025-B senior notes, each at 6.17% fixed rate.
- Notes mature May 21, 2033; equal annual principal payments begin May 21, 2029.
- Interest payable semi-annually; prepayment allowed at 100% plus make-whole premium.
- Subsidiaries Stepan Specialty Products and Stepan Surfactants Holdings guarantee the notes.
- Issued under existing shelf agreements with PGIM/Prudential and NYL Investors/New York Life.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94049/000119312525124025/0001193125-25-124025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94049/000119312525124025/d948042d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-124025

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