Corteva (CTVA) said late Monday it priced a $500 million public offering of 5.125% senior notes due 2032 by its subsidiary EIDP.
The notes will pay interest semi-annually at 5.125%, the company said.
Net proceeds from the offering will be used for general corporate purposes, including the repayment of EIDP's $500 million 2025 senior notes, according to a statement.