Corteva $500 million senior notes offering
The investment-grade notes are due 2032
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering by EIDP, Inc., a direct subsidiary of Corteva, Inc., of $500 million aggregate principal amount of 5.125% senior notes due 2032.
Corteva, Inc. is a publicly traded, leading provider of seed and crop protection solutions focused on the agriculture industry. Corteva is focused on progressing science-based innovations, which aim to deliver a wide range of improved agriculture products and services to its customers.
The Davis Polk capital markets team included partner Roshni Banker Cariello and associate Frank (Xinggang) Zhang. Counsel Danielle Rapaccioli and associate Eytan de Gunzburg provided tax advice. Counsel David A. Zilberberg and associate Shefain Islam provided environmental advice. All members of the Davis Polk team are based in the New York office.