Corteva (CTVA) news

Vylor $benchmark debt offering in two parts

Corteva, Inc. has announced a private exchange offer and consent solicitation for the outstanding senior notes issued by its wholly owned subsidiary, EIDP, Inc., in connection with its planned separation into two independent, publicly traded companies. The exchange involves three series of EIDP…

Corteva - $431.60 mln of 2.300% notes due 2030 tendered, representing 86.33%

Corteva, Inc. (NYSE: CTVA) announced that $431.60 million of its 2.300% Senior Notes due 2030 were tendered by eligible holders, representing 86.33% of the outstanding principal amount of $500 million. This development is part of a broader set of private exchange offers and consent solicitations…

Corteva - Vylor receives requisite consents for EIDP indenture amendments for all EIDP notes

Corteva, Inc. (NYSE: CTVA) announced that Vylor Inc., a wholly owned subsidiary, has received the requisite consents for the proposed amendments to the indentures governing the senior notes issued by EIDP, Inc., a wholly owned subsidiary of Corteva. The amendments, which apply to the 2.300% Senior…

Corteva, Inc.: UBS cuts target price to $85 from $89

Fitch downgrades Corteva’s ratings to 'BBB+'; removes RWN

Fitch Ratings has downgraded Corteva, Inc.’s credit ratings to 'BBB+' and removed the company from Rating Watch Negative. The move reflects a reassessment of Corteva’s financial position and credit profile following a review of its operations and market conditions. The downgrade indicates a…