DuPont issues new senior notes in exchange offers; 2028 note terms amended
On October 2, 2025, DuPont issued new senior unsecured notes in exchange for tendered 2028, 2038 and 2048 notes. Consents to amend the 2028 notes were received, but the amendments were not adopted for the 2038 or 2048 notes. The new 2028 notes carry a special mandatory redemption requirement if the Intended Electronics Separation is completed by March 31, 2026.
Key points
- On October 2, 2025, DuPont issued $1,584,398,000 of new 4.725% notes due 2028, $225,963,000 of new 5.319% notes due 2038 and $294,781,000 of new 5.419% notes due 2048 in exchange for tendered notes.
- Consents to amend the 2028 notes were received by the 5:00 p.m. New York City time deadline on September 30, 2025; the amendments will not be made to the 2038 or 2048 notes.
- If the Intended Electronics Separation is completed on or before March 31, 2026, DuPont must redeem $900,000,000 of new 2028 notes, $225,963,000 of new 2038 notes and $294,781,000 of new 2048 notes.
- Under a registration rights agreement dated October 2, 2025, DuPont must pay additional interest if it does not complete the exchange offer by the 365th day after issuance.
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 02, 2025.
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