secwatch.observer — SEC 8-K summary
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Issuer:     CORNING INC /NY (GLW)
CIK:        0000024741
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001206774-23-000695
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corning completes €850M dual-tranche bond offering
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- €300M 3.875% notes due 2026 and €550M 4.125% notes due 2031 sold at 99.986% and 99.666% of par, respectively.
- Net proceeds of ~€842.7M ($929.2M) after underwriting discounts and estimated expenses.
- Proceeds for general corporate purposes including stock buybacks, dividends, debt repayment, M&A, and capex.
- Underwriting agreement with Goldman Sachs & Co. LLC and J.P. Morgan Securities plc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/24741/000120677423000695/0001206774-23-000695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/24741/000120677423000695/glw4200291-8k.htm
  HTML page:      https://secwatch.observer/filing/0001206774-23-000695

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