Filed Pursuant to Rule 424(b)(2)
File Number 333-287099-01
Prospectus Supplement
(To Prospectus dated May 8, 2025)

EIDP, Inc.
$500,000,000 5.125% Senior Notes due 2032
EIDP, Inc., formerly known as E. I. du Pont de Nemours and Company (the “issuer,” “EIDP,” the “Company,” “we,” “us” or “our”), which is a direct subsidiary of Corteva, Inc., is offering $500,000,000 aggregate principal amount of our Senior Notes due 2032 (the “notes”). The notes will bear interest at a rate of 5.125% per annum, payable semi-annually in arrears on May 15 and November 15 of each year, commencing on November 15, 2025. The notes will mature on May 15, 2032.
We may, at our option, redeem the notes in whole at any time or in part from time to time at the applicable redemption prices described under “Description of Notes—Optional Redemption.” If a Change of Control Triggering Event (as defined herein) occurs in respect of the notes, we will be required to offer to repurchase such notes from holders at a repurchase price equal to 101% of the principal amount thereof, plus accrued interest, to, but excluding, the purchase date. See “Description of Notes—Change of Control.”
We intend to use the net proceeds from the sale of the notes, which are expected to be approximately $493 million after deducting the underwriting discount and the payment of expenses related to the offering, for general corporate purposes and as further described herein.
The notes will be our unsecured senior obligations and will rank equally in right of payment with all of our existing and future senior unsecured indebtedness from time to time outstanding. The notes will be effectively subordinated to any of our existing and future secured indebtedness to the extent of the value of the assets securing such indebtedness. The notes will be structurally subordinated to all existing and future indebtedness and other liabilities, including trade payables, of our subsidiaries. The notes will be issued only in registered form in denominations of $2,000 and integral multiples of $1,000 in excess thereof.
The notes will be a new issue of securities with no established trading market. We do not intend to list the notes on any securities exchange or any automated dealer quotation system.
Investing in the notes involves risks. Please read “Risk Factors” beginning on page S-4 of this prospectus supplement and on page 3 of the accompanying prospectus, the risk factors included in our periodic reports that we file with the U.S. Securities and Exchange Commission (the “SEC”) and other information included or incorporated by reference into this prospectus supplement and the accompanying prospectus for a discussion of certain risks that you should consider in connection with making an investment in the notes.
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|
Public Offering Price(1) |
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|
|
Underwriting Discount |
|
|
|
Proceeds, Before Expenses, To Us |
|
|
|||
Per Note |
|
99.582 |
|
% |
|
0.650 |
|
% |
|
98.932 |
|
% |
|||
Total |
|
$ |
497,910,000 |
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|
|
$ |
3,250,000 |
|
|
|
$ |
494,660,000 |
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|
Neither the SEC nor any state securities commission has approved or disapproved of the notes or determined if this prospectus supplement or the accompanying prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
We expect that the notes will be delivered to investors on or about May 14, 2025 in book-entry form only through the facilities of The Depository Trust Company for the benefit of its participants, which may include Clearstream Banking S.A. and Euroclear Bank S.A./N.V., against payment in New York, New York.
Joint Book-Running Managers
BNP PARIBAS |
Citigroup |
HSBC |
BofA Securities |
Goldman Sachs & Co. LLC |
J.P. Morgan |
Rabo Securities |
SMBC Nikko |
Senior Co-Managers
BBVA |
Credit Agricole CIB |
Deutsche Bank Securities |
PNC Capital Markets LLC |
Santander |
Scotiabank |
SOCIETE GENERALE |
Standard Chartered Bank |
TD Securities |
Co-Managers
Academy Securities |
US Bancorp |
Citizens Capital Markets |
Siebert Williams Shank |
The date of this prospectus supplement is May 12, 2025.
