DuPont de Nemours, Inc. (DD): debt financing — Qnity Electronics issues $1.75B in notes to fund DuPont spin-off cash distribution

DuPont de Nemours, Inc.

Qnity issued $1.0B 5.750% senior secured notes due 2032 and $750M 6.250% senior unsecured notes due 2033.
Proceeds, with credit facilities and cash, will fund a ~$4.1B cash distribution to DuPont for the spin-off.
Notes held in escrow; special mandatory redemption if spin-off not closed by March 31, 2026.
Spin-off target completion date is November 1, 2025.
Secured notes guaranteed by Qnity subsidiaries and secured by first-priority liens on collateral.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DuPont de Nemours, Inc. incurred senior notes of $750,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.250% per year maturing August 15, 2033.

Instrument: senior notes
Principal: $750,000,000 aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 6.250% per year
Maturity: August 15, 2033
Event: incurrence

Exact text from the filing

On August 15, 2025, Qnity Electronics, Inc. (“Qnity”), a wholly-owned subsidiary of DuPont de Nemours, Inc. (“DuPont”), issued $1,000,000,000 aggregate principal amount of 5.750% senior secured notes due 2032 (the “Secured Notes”) and $750,000,000 aggregate principal amount of 6.250% senior unsecured notes due 2033 (the “Unsecured Notes,” and together with the Secured Notes, the “Notes”).

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DuPont de Nemours, Inc. incurred senior notes of $1,000,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 5.750% per year maturing August 15, 2032.

Instrument: senior notes
Principal: $1,000,000,000 aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 5.750% per year
Maturity: August 15, 2032
Event: incurrence

Exact text from the filing

On August 15, 2025, Qnity Electronics, Inc. (“Qnity”), a wholly-owned subsidiary of DuPont de Nemours, Inc. (“DuPont”), issued $1,000,000,000 aggregate principal amount of 5.750% senior secured notes due 2032 (the “Secured Notes”)

View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

DuPont de Nemours, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-181896

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