Form 8-K · Current report
Corteva 8-K, filed Aug 20, 2026
- Filed
- CIK
- 0001755672
- Accession no.
- 0001193125-26-359264
Summary
In connection with Corteva's previously announced separation into a crop protection company and a seed business to be owned by Vylor Inc., EIDP Inc. received holder consents and entered into a fourth supplemental indenture amending the indentures governing its outstanding notes; the amendments will become operative upon settlement of Vylor's exchange offers, expected substantially simultaneously with the separation. If the exchange offers are terminated or the separation is not consummated, the amendments will not become operative.
Key points
- Vylor commenced private offers to exchange EIDP's 2.300% Senior Notes due 2030, 5.125% Senior Notes due 2032 and 4.800% Senior Notes due 2033 for new Vylor notes of the corresponding series, alongside related consent solicitations.
- As of August 19, 2026, Vylor had received the Requisite Consents to amend the EIDP Base Indenture and the Majority Consents for each series of EIDP Notes.
- On August 20, 2026, EIDP entered into a fourth supplemental indenture with U.S. Bank Trust Company, National Association, eliminating substantially all restrictive covenants and most events of default, and eliminating change-of-control repurchase provisions from the applicable supplemental indentures.
- The amendments become operative only upon settlement of the Exchange Offers, which is expected to occur substantially simultaneously with consummation of the Separation.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 3.03Material Modification to Rights of Security Holders
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01 Entry into a Material Definitive Agreement. In connection with the previously announced separation of Corteva, Inc. (the “Company” or “Corteva”) into two independent, publicly traded companies, one comprising its current crop protection business and the other comprising its current seed business to be owned and conducted, directly or indirectly, by Vylor Inc., a Delaware corporation and a wholly owned subsidiary of the Company (“Vylor”) (the “Separation”), Vylor commenced private offers to exchange (with respect to each series, an “Exchange Offer” and together, the “Exchange Offers”) and related consent solicitations (with respect to the EIDP Base Indenture (as defined below) and…
An excerpt of the text as filed with the SEC, cut for length.
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