DuPont Announces Final Results of Exchange Offers and Consent Solicitations for Senior Notes

Core Viewpoint - DuPont de Nemours, Inc. has completed its Exchange Offers for its outstanding notes, allowing eligible holders to exchange existing notes for new notes with specific terms and conditions [1][3][4]. Exchange Offers Summary - The Exchange Offers for the 2028, 2038, and 2048 Notes expired on September 30, 2025, at 5:00 p.m. New York City time [2]. - Eligible holders of the Existing Notes were offered a Total Consideration of $950 principal amount of New Notes plus $50 principal amount of New Notes and $2.50 in cash for each $1,000 principal amount of Existing Notes tendered [3][12]. - As of the Expiration Date, DuPont accepted for exchange all validly tendered 2028 Notes, totaling an aggregate principal amount of $1,584,398,000, which represents 70.42% of the outstanding amount [4][5]. Consent Solicitation Summary - DuPont received the requisite number of consents to adopt Proposed Amendments for the 2028 Notes, executing a supplemental indenture effective upon execution [4]. - However, the requisite consents were not received for the 2038 and 2048 Notes, leading DuPont to waive the Minimum Tender Condition and accept all tendered notes for these series [8]. New Notes Details - The New 2028 Notes will maintain the same interest rate, payment dates, and maturity date as the existing 2028 Notes, with the first interest payment including accrued interest from the tendered 2028 Notes [7][12]. - The New 2038 and 2048 Notes will similarly reflect the terms of their respective existing notes, ensuring that holders receive equivalent interest payments [12]. Future Plans - DuPont plans to redeem additional New 2028 Notes and/or existing 2028 Notes following the Intended Electronics Separation, targeting an aggregate principal amount equal to the Exchange Sublimits [9].