Eastman Chemical $250 million notes offering
The investment-grade notes are due 2029
Davis Polk advised the representatives of the several underwriters in connection with a reopening of an August 2024 SEC-registered takedown offering by Eastman Chemical Company of $250 million aggregate principal amount of its 5.000% notes due 2029.
Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries.
The Davis Polk capital markets team included partners Pedro J. Bermeo and Byron B. Rooney, counsel Jennifer (Ying) Lan and associate Katherine S. Warshauer. Partner Corey M. Goodman and associate Carter Ballentine Allison provided tax advice. Counsel Loyti Cheng and associate Timothy J. Sullivan provided environmental advice. All members of the Davis Polk team are based in the New York office.