Eastman Chemical Company 5.625% 20-FEB-2034Eastman Chemical Company 5.625% 20-FEB-2034Eastman Chemical Company 5.625% 20-FEB-2034

Eastman Chemical Company 5.625% 20-FEB-2034

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Key terms


Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.63% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.66%
Maturity date
Feb 20, 2034
Term to maturity
9 years

About Eastman Chemical Company 5.625% 20-FEB-2034


Sector
Process Industries
Home page
Issue date
Feb 20, 2024
FIGI
BBG01LK5Q8H4
Eastman Chemical Co. engages in the provision of specialty chemicals. It operates through the following segments: Advanced Material (AM), Additives and Functional Products (AFP), Chemical Intermediates (CI), and Fibers. The AM segment produces and markets its polymers, films, and plastics with differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The AFP segment includes chemicals for products in the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. The CI segment consists of large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support operating segments with advantaged cost positions. The Fibers segment offers cellulose acetate tow for use in filtration media, primarily cigarette filters. The company was founded by George Eastman in 1920 and is headquartered in Kingsport, TN.
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