Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

International bonds: Eastman Chemical, 4.5% 1dec2028, USD (US277432AW04, 277432AW0)

StatusCountry of riskMaturity (option)
Amount i
This field shows outstanding face value amount for outstanding bonds
Issue ratings (M/S&P/F)
outstandingUSA**/**/**** (**/**/****)500,000,000 USD***/***/***
Registration required. Please log in or fill in the registration form.
×
Available to subscribers "Price Center NRD". Order paid / trial access .
×

Yield calculation

 %
×

Registration required. Please log in or fill in the registration form.

Files

×

You are going to buy a prospectus of Eastman Chemical, 4.5% 1dec2028, USD
The cost of your order is $50
Enter your e-mail (for getting the document)

Incorrect email

Please find user agreement here

Sorry, an unexpected error occurred.
Your order is under moderation.
The link for payment will be sent you shortly.
×

Registration required. Please log in or fill in the registration form.

Issue information

BorrowerEastman Chemical
Bond typeCoupon bonds
Placement methodOpen subscription
Placement typePublic
Issue purposeShow
Issue purpose
The Company intends to use the net proceeds from the offering, together with cash on hand, to complete a cash tender offer (the “Tender Offer”) for any and all of the Company’s $250 million aggregate principal amount of its 5.500% notes due 2019 (the “2019 Notes”) (as described in, and upon the terms and conditions set forth in, the Company’s offer to purchase dated October 30, 2018), to redeem any 2019 Notes not tendered in the Tender Offer (the “2019 Notes Redemption”), to redeem $550 million of the approximately $800 million aggregate principal amount outstanding of its 2.700% notes due 2020 (the “2020 Notes Partial Redemption”), and to pay any related fees and expenses. Any proceeds not used for the foregoing will be used for general corporate purposes. Pending the application of any net proceeds, the Company expects to invest such net proceeds in cash equivalents. The offering is not conditioned on the completion of the Tender Offer or of either the 2019 Notes Redemption or the 2020 Notes Partial Redemption, nor is either the 2019 Notes Redemption nor the 2020 Notes Partial Redemption conditioned on the completion of the offering.
Par amount, integral multiple1,000 USD
Nominal of international bonds1,000 USD
Minimum settlement amount2,000 USD
Outstanding principal amount2,000 USD
Amount500,000,000 USD
Outstanding face value amount500,000,000 USD
Placement date**/**/****
Maturity date**/**/****
Other tranchesEastman Chemical, 3.5% 1dec2021, USD
Floating rateNo
Coupon Rate*.*%
Current coupon rate4.5%
Day count fraction***
ACI*** (12/15/2019)
Coupon frequency2 time(s) per year
Interest accrual date**/**/****
ListingNYSE

Related issues

×

Registration required. Please log in or fill in the registration form.

Cbonds Valuation
i
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology. The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
:

Trading floorDate and timeBid/ ask price (Yield)
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
G-spread
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
CBONDS ESTIMATION
i
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology described here http://ru.cbonds.com/organizations/docdownload/8715.
The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
Quotes are published both anonymously and publicly in the section Bond Quotes by Market Participants: http://cbonds.com/quotes/market/. These quotes are indicative only. Organizations posting the quotes have no obligations to conduct transactions at these prices. To learn the actual current prices, you need to contact the respective organization. Trading floor quotes are available at http://cbonds.com/quotes/.
12/13/2019*** / *** (*** / ***)*** (***)******Archive
Registration required. Please log in or fill in the registration form.

Bond Quotes by Market Participants

Market participantDate and timeBid/ask or last price
(Yield)
Zurich Cantonal Bank12/13/2019***.** / ***.**
(*.** / *)
Anonymous participant 2012/12/2019***.**
(*.**)
Anonymous participant 1212/12/2019***.**
(*.**)
Anonymous participant 3712/12/2019***.*** / ***.***
(*.** / *.**)
×

Access closed

Request access
×

Contact Info

Registration required. Please log in or fill in the registration form.

Price chart

Registration required. Please log in or fill in the registration form.

Stock exchange and OTC quotes

Trading floorDate and timeBid/ ask price (Yield)
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
G-spread
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
FRANKFURT S.E.12/13/2019 19:58***.** / ***.** (*.** / *.**)***.** (*.**)
BERLIN EXCHANGE
i
Foreign bonds compliment the international security selection at Börse Berlin. In Germany many of these are traded only in Berlin. Naturally Börse Berlin has the full range of fixed interest securities of the German Federation and its constituencies with bonds from companies and other issuers also on offer. Certificates and warrants round off the security offering in Berlin.
12/13/2019 19:45***.* / ***.** (*.** / *.**)***.** (*.**)
FRANKFURT S.E.12/13/2019*** / *** (*** / ***)*** (***)******Archive
BERLIN EXCHANGE
i
Foreign bonds compliment the international security selection at Börse Berlin. In Germany many of these are traded only in Berlin. Naturally Börse Berlin has the full range of fixed interest securities of the German Federation and its constituencies with bonds from companies and other issuers also on offer. Certificates and warrants round off the security offering in Berlin.
12/13/2019*** / *** (*** / ***)*** (***)******Archive
QUOTRIX
i
QUOTRIX is the electronic trading system of the Dusseldorf stock exchange for private investors.
12/13/2019*** / *** (*** / ***)*** (***)******Archive
FINRA TRACE12/13/2019*** / *** (*** / ***)*** (***)******Archive
Registration required. Please log in or fill in the registration form.

Bond classification

Subordinated
Sinkable bond
Perpetual
Convertible
Structured product
Restructuring
Securitization
Mortgage bonds
Trace-eligible
Covered
Foreign bonds
CDO
Sukuk
Retail bonds
Supranational bond issues
Green bonds
Non-Marketable Securities

Identifiers

ISIN / ISIN RegSUS277432AW04
CUSIP / CUSIP RegS277432AW0
CFI / CFI RegSDBFUFR
FIGI / FIGI RegSBBG00MF9J5B1
WKN / WKN RegSA2RTWV
SEDOLBD5FFZ0
TickerEMN 4.5 12/01/28

Primary placement

Issuer rating on issue date (M/S&P/F)***/***/***
Placement**/**/****
Initial issue price (yield)**.***% (*.**%)
Spread over US Treasuries, bp***.**
Settlement Duration*.**

Participants

Bookrunner: Citigroup, JP Morgan, Bank of America Merrill Lynch
Depository: DTCC, Clearstream Banking S.A., Euroclear Bank

Payment schedule

*****

Coupon dateCoupon, %Coupon payment amount, USDRedemption of principal, USD
Show previous
1**/**/*****.***.**
2**/**/*****.***
3**/**/*****.***
4**/**/*****.***
5**/**/*****.***
6**/**/*****.***
7**/**/*****.***
8**/**/*****.***
9**/**/*****.***
10**/**/*****.***
11**/**/*****.***
12**/**/*****.***
13**/**/*****.***
14**/**/*****.***
15**/**/*****.***
16**/**/*****.***
17**/**/*****.***
18**/**/*****.***
19**/**/*****.***
20**/**/*****.****,***
Show following
Registration required. Please log in or fill in the registration form.

Early redemption terms

*****

DateOption typeOption styleBenchmark spread, b.p.Until datePrice
Show previous
**/**/****callMake-Whole Call****/**/****
**/**/****callAmerican option***
Show following
Registration required. Please log in or fill in the registration form.

Issue ratings

Eastman Chemical, 4.5% 1dec2028, USD

Rating AgencyRating / OutlookScaleDate
Fitch Ratings***/***LT Int. Scale (local curr.)03/14/2019
Moody's Investors Service ***/***LT- local currency10/07/2019
S&P Global Ratings***/***Local Currency LT11/01/2018
Registration required. Please log in or fill in the registration form.

Issuer ratings

Eastman Chemical

Rating AgencyRating / OutlookScaleDate
Fitch Ratings***/***LT Int. Scale (foreign curr.)03/14/2019
Moody's Investors Service ***/***LT- foreign currency10/07/2019
Moody's Investors Service ***/***LT- local currency10/07/2019
S&P Global Ratings***/***Local Currency LT09/27/2016
S&P Global Ratings***/***Foreign Currency LT09/27/2016
Registration required. Please log in or fill in the registration form.
minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×