DuPont plans to split into three independent companies; redeems $650M of 2038 notes

DuPont de Nemours, Inc.

Separations into Electronics, Water, and diversified industrial 'new' DuPont expected within 18-24 months.
Partial redemption of $650M of 2038 senior notes initiated as part of capital structure design.
DuPont has ~$7.8B senior notes outstanding; may repay, redeem, repurchase, or exchange other notes.
Transactions subject to board approval, tax opinion, Form 10 effectiveness, and regulatory clearances.

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