Eastman Chemical Enters Material Definitive Agreement

TL;DR

EMN signed a big deal, details TBD.

AI Summary

On February 21, 2025, Eastman Chemical Company (NYSE: EMN) entered into a material definitive agreement. The filing also includes other events and financial statements/exhibits. Specific details of the agreement and financial implications are not provided in this excerpt.

Why It Matters

This filing indicates a significant new contract or partnership for Eastman Chemical, which could impact its future business operations and financial performance.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, which suggests a significant event, but the lack of specific details about the agreement introduces uncertainty.

Key Players & Entities

• Eastman Chemical Company (company) — Registrant
• February 21, 2025 (date) — Date of report

FAQ

From the Filing

0001193125-25-032004.txt : 20250221 0001193125-25-032004.hdr.sgml : 20250221 20250221161547 ACCESSION NUMBER: 0001193125-25-032004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 22 CONFORMED PERIOD OF REPORT: 20250221 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250221 DATE AS OF CHANGE: 20250221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EASTMAN CHEMICAL CO CENTRAL INDEX KEY: 0000915389 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 621539359 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12626 FILM NUMBER: 25652099 BUSINESS ADDRESS: STREET 1: PO BOX 511 STREET 2: 200 SOUTH WILCOX DRIVE CITY: KINGSPORT STATE: TN ZIP: 37660 BUSINESS PHONE: 4232292000 MAIL ADDRESS: STREET 1: P O BOX 511 B-54D CITY: KINGSPORT STATE: TN ZIP: 37662 8-K 1 d850469d8k.htm 8-K 8-K EASTMAN CHEMICAL CO false 0000915389 0000915389 2025-02-21 2025-02-21 0000915389 us-gaap:CommonStockMember 2025-02-21 2025-02-21 0000915389 us-gaap:DeferrableNotesMember 2025-02-21 2025-02-21     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15 (d) of The Securities Exchange Act of 1934 Date of report (Date of earliest event reported): February 21, 2025     EASTMAN CHEMICAL COMPANY (Exact Name of Registrant as Specified in Its Charter)       Delaware   1-12626   62-1539359 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.) 200 South Wilcox Drive Kingsport Tennessee 37660 (Address of Principal Executive Offices) (Zip Code) (423) 229-2000 (Registrant’s Telephone Number, Including Area Code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   EMN   New York Stock Exchange 1.875% Notes Due 2026   EMN26   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01. Entry into a Material Definitive Agreement. On February 21, 2025, Eastman Chemical Company (the “Company”) issued $250,000,000 aggregate principal amount of 5.000% Notes due 2029 (the “Notes”) in a public offering (the “Notes Offering”) pursuant to a registration statement on Form S-3 (File No. 333-280083) and a preliminary prospectus supplement and prospectus supplement related to the offering of the Notes, each as previously f