EASTMAN CHEMICAL CO (EMN) Form 424B5 — Nov 2, 2026
Eastman Chemical Company filed a preliminary 424B5 prospectus supplement for a new offering of unsecured senior notes, with principal amount, coupon, and maturity left blank pending pricing. The notes will rank pari passu with roughly $5.2 billion of existing debt as of September 30, 2026. Net proceeds are earmarked for general corporate purposes, including working capital, capital expenditures, and repayment of other indebtedness. The notes include a change-of-control put at 101% of principal plus accrued interest, limited covenants restricting secured debt and sale-leaseback transactions, and no subsidiary guarantees.
Key figures
- Total Debt
- 5200000000
- Notes unsecured
- Yes
- Minimum denomination
- $2,000 plus $1,000 multiples
- Pari passu debt asof
- September 30, 2026
- Change of control put price
- 101% of principal plus accrued interest
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