secwatch.observer — SEC 8-K summary
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Issuer:     EASTMAN CHEMICAL CO (EMN)
CIK:        0000915389
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001193125-26-061351
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastman Chemical issues $600M 4.500% notes due 2031
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- Issued $600M aggregate principal of 4.500% Notes due February 20, 2031.
- Net proceeds estimated at $593.7M after underwriting discounts and expenses.
- Interest paid semi-annually on Feb 20 and Aug 20, commencing Aug 20, 2026.
- Proceeds for general corporate purposes: working capital, capex, debt repayment, strategic initiatives.
- Notes redeemable prior to Jan 20, 2031 at Treasury rate plus 15 basis points.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915389/000119312526061351/0001193125-26-061351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915389/000119312526061351/emn-20260220.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-061351

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