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Vylor extends debt exchange deadline to September 30

Vylor has received the required consents, but the proposed indenture amendments become operative only upon settlement.

(High)

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Form Type
8-K

Rhea-AI Filing Summary

Vylor Inc. extended the expiration of its private exchange offers and related consent solicitations from 5:00 p.m. New York City time on September 29, 2026, to 5:00 p.m. on September 30, 2026. For EIDP’s 2.300% senior notes due 2030, 5.125% senior notes due 2032 and 4.800% senior notes due 2033, the table lists corresponding Vylor notes to be issued of $434,841,000 (86.97%), $476,214,000 (95.24%) and $527,584,000 (87.93%), respectively, based on tenders validly submitted and not withdrawn as of 5:00 p.m. New York City time on September 29, 2026.

The offers and consent solicitations are conditioned, among other things, on Corteva’s planned separation into crop protection and seed businesses. If remaining conditions are satisfied or waived, settlement is expected on or about the first business day after the expiration date and substantially simultaneously with the separation.

Filing Explained

Vylor reports that it received the requisite consents and that EIDP and the trustee executed the supplemental indenture, but the proposed changes to the EIDP note indentures take effect only if the exchange offers settle.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Vylor notes to be issued for 2030 notes $434,841,000 86.97% of the 2.300% EIDP notes due 2030 validly tendered and not withdrawn as of September 29, 2026
Vylor notes to be issued for 2032 notes $476,214,000 95.24% of the 5.125% EIDP notes due 2032 validly tendered and not withdrawn as of September 29, 2026
Vylor notes to be issued for 2033 notes $527,584,000 87.93% of the 4.800% EIDP notes due 2033 validly tendered and not withdrawn as of September 29, 2026
EIDP 2030 notes outstanding $500,000,000 Aggregate principal amount outstanding
EIDP 2032 notes outstanding $500,000,000 Aggregate principal amount outstanding
EIDP 2033 notes outstanding $600,000,000 Aggregate principal amount outstanding
Extended expiration deadline September 30, 2026, at 5:00 p.m. New York City time Exchange offers and consent solicitations
Exchange Offers financial
"previously announced private offers to exchange"
An exchange offer is a proposal by a company to swap its existing financial instruments, like bonds or debt, for new ones, often with different terms or maturity dates. For investors, it provides a chance to adjust their holdings, often aiming for better returns or more favorable conditions, while helping the company manage its finances more effectively.
Proposed Amendments financial
"to adopt certain proposed amendments to the indentures"
supplemental indenture financial
"executed and delivered a supplemental indenture"
A supplemental indenture is a written amendment to the original bond agreement that changes specific terms of a debt contract, such as payment schedules, interest rates, collateral or covenant protections. Investors care because it alters the legal rights and risks tied to a security — like renegotiating a mortgage where the lender and borrower agree to new rules — and can affect a bond’s credit quality, yield and market value.
Settlement Date financial
"on the Settlement Date"
The settlement date is the day when a securities trade is finalized: the buyer’s cash is delivered and the seller’s shares or bonds are transferred into the buyer’s account. Think of it like the closing day of a purchase, when ownership and payment officially change hands; until then the trade exists as an agreement but not as completed property transfer. Investors care because payment timing affects cash availability, record of ownership, dividends, and legal rights tied to the asset.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the VYLR exchange offer amounts for the EIDP notes?

As of 5:00 p.m. New York City time on September 29, 2026, the table lists Vylor notes to be issued of $434,841,000 for the 2030 notes, $476,214,000 for the 2032 notes and $527,584,000 for the 2033 notes. The respective tender percentages were 86.97%, 95.24% and 87.93%.

When does the VYLR exchange offer expire?

The expiration date was extended to 5:00 p.m. New York City time on September 30, 2026. The offers and consent solicitations are conditioned, among other things, on completion of Corteva’s planned separation. If remaining conditions are satisfied or waived, settlement is expected on or about the first business day after expiration, substantially simultaneously with the separation.

When do the proposed amendments to the EIDP note indentures become operative?

The proposed amendments become operative only upon settlement of the exchange offers and consent solicitations. EIDP and the trustee under the indentures executed and delivered a supplemental indenture giving effect to the amendments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
false 0002128626 0002128626 2026-09-30 2026-09-30
 
 

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): September 30, 2026

 

 

Vylor Inc.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   001-43376   41-2930124

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

7100 NW 62nd Avenue, Johnston, Iowa   50131
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone Number, including area code: (833) 267-8382

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

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:

 

Registrant

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Vylor Inc.   Common Stock, $0.01 par value   VYLR   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 8.01

Other Events.

On September 30, 2026, Corteva, Inc., the parent company of Vylor Inc., issued the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference in its entirety.

 

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits

Exhibit Index

 

Exhibit
Number

  

Description

99.1    Press Release of Corteva, Inc. dated September 30, 2026.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

    VYLOR, INC.
Date: September 30, 2026     By:  

/s/ Jennifer A. Johnson

    Name:   Jennifer A. Johnson
    Title:   Director

Exhibit 99.1

FOR IMMEDIATE RELEASE

Corteva Announces Extension of Expiration Date in Private Exchange Offers and Consent Solicitations for EIDP’s 2.300% Senior Notes Due 2030, 5.125% Senior Notes Due 2032 and 4.800% Senior Notes Due 2033

INDIANAPOLIS – September 30, 2026 – Corteva, Inc. (NYSE: CTVA) announced today that Vylor Inc., a Delaware corporation and its wholly owned subsidiary (“Vylor”), has extended the expiration date of each of its previously announced (i) private offers to exchange (with respect to each series, an “Exchange Offer” and together, the “Exchange Offers”) any and all of the outstanding senior notes of the series listed in the table below issued by EIDP, Inc., a Delaware corporation and a wholly owned subsidiary of Corteva (“EIDP” and such notes, collectively, the “EIDP Notes”), to the extent held by eligible holders, for a corresponding series of notes to be newly issued by Vylor (collectively, the “Vylor Notes”) and (ii) related consent solicitations (the “Consent Solicitations”) made by Vylor on behalf of EIDP to adopt certain proposed amendments to the indentures governing the EIDP Notes (the “Proposed Amendments”). Vylor hereby extends the expiration date of each Exchange Offer and Consent Solicitation from 5:00 p.m., New York City time, on September 29, 2026 to 5:00 p.m., New York City time, on September 30, 2026 (such date and time, as they may be further extended, the “Expiration Date”).

The table below sets forth, for each series of EIDP Notes, the principal amount validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on September 29, 2026.

 

    EIDP Notes Validly Tendered
and Not Validly Withdrawn as of
5:00 p.m., New  York City time,
on September 29, 2026

Title of

Series of

EIDP

Notes

   CUSIP No.
and ISIN of
EIDP Notes
   Aggregate
Principal
Amount of
EIDP Notes
Outstanding
   Vylor Notes
to be
Issued in
Exchange
for EIDP
Notes
  Principal
Amount
   Percentage

2.300% Senior

Notes due 2030

   263534CP2

US263534CP24

   $500,000,000    2.300% Senior Notes
due 2030
  $434,841,000    86.97%

5.125% Senior

Notes due 2032

   263534CS6

US263534CS62

   $500,000,000    5.125% Senior Notes
due 2032
  $476,214,000    95.24%

4.800% Senior

Notes due 2033

   263534CR8

US263534CR89

   $600,000,000    4.800% Senior Notes
due 2033
  $527,584,000    87.93%

The Exchange Offers and Consent Solicitations are being made upon the terms and conditions set forth in an exchange offer memorandum and consent solicitation statement, dated August 6, 2026 (as amended or supplemented, the “Offering Memorandum”), copies of which have been made available to holders of the EIDP Notes eligible to participate in the Exchange Offers and Consent Solicitations. Each Exchange Offer and Consent Solicitation is conditioned upon, among other things, the consummation of Corteva’s planned separation into two independent, publicly traded companies, one comprising its current crop protection business and the other comprising its current seed business to be owned and conducted, directly or indirectly, by Vylor (the “Separation”). Other than the Separation (without the consummation of which the Exchange Offers and Consent Solicitations will not be consummated and the Proposed Amendments contemplated by the Consent Solicitations will not become operative), Vylor may generally waive any condition with respect to the Exchange Offers and Consent Solicitations, in its sole discretion, at any time prior to the Expiration Date.

As previously announced, Vylor received, on behalf of EIDP, the requisite consents to adopt the Proposed Amendments. EIDP and the trustee under the indentures governing the EIDP Notes executed and delivered a supplemental indenture giving effect to the Proposed Amendments. The Proposed Amendments will become operative only upon the settlement of the Exchange Offers and Consent Solicitations on the Settlement Date (as defined below).


Assuming the remaining conditions to the Exchange Offers and Consent Solicitations are satisfied or (to the extent permitted) waived, settlement of the Exchange Offers is expected to occur on or about the first business day following the Expiration Date and substantially simultaneously with the consummation of the Separation, unless Vylor further extends or terminates the Exchange Offers (such date and time, as the same may be extended, the “Settlement Date”). Accordingly, Vylor may, in its discretion, further extend each of the Expiration Date and the Settlement Date as necessary to maintain such sequencing.

Except as described in this press release, all other terms of the Exchange Offers and Consent Solicitations remain unchanged. Vylor reserves the right to terminate, withdraw, amend or extend an Exchange Offer and Consent Solicitation in its sole discretion, subject to the terms and conditions set forth in the Offering Memorandum.

The Exchange Offers and Consent Solicitations are being made only to holders of EIDP Notes who satisfy the eligibility conditions described under “Disclaimer” below. Holders of EIDP Notes who desire a copy of the eligibility letter should contact D.F. King & Co., Inc., the information agent and exchange agent for the Exchange Offers and Consent Solicitations, by phone at (800) 283-9185 or by email at vylor@dfking.com. Banks and brokers should call (646) 461-2610. The eligibility letter may also be found here: www.dfking.com/vylor. D.F. King & Co., Inc. will also provide copies of the Offering Memorandum to eligible holders of EIDP Notes.

Holders of EIDP Notes are advised to check with any bank, securities broker or other intermediary through which they hold EIDP Notes as to when such intermediary needs to receive instructions from a holder in order for that holder to be able to participate in, or (in the circumstances in which revocation is permitted) revoke their instruction to participate in, the Exchange Offers and Consent Solicitations before the deadlines specified herein and in the Offering Memorandum. The deadlines set by each clearing system for the submission and withdrawal of exchange instructions will also be earlier than the relevant deadlines specified herein and in the Offering Memorandum.

Disclaimer

This press release is issued pursuant to Rule 135c under the Securities Act of 1933, as amended (the “Securities Act”). This press release is neither an offer to sell nor the solicitation of an offer to buy the Vylor Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. The Exchange Offers and Consent Solicitations have not been and will not be registered under the Securities Act, or the securities laws of any other jurisdiction, and, accordingly, the Vylor Notes will be subject to transfer restrictions unless and until the Vylor Notes are registered or exchanged for registered notes. The Vylor Notes will be issued in reliance upon exemptions from, or in transactions not subject to, registration under the Securities Act. The Exchange Offers and Consent Solicitations are being made only to, and the Vylor Notes will be offered for exchange only to, holders of EIDP Notes who are (i) reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act, and (ii) outside the United States, persons who are not, and who are not acting for the account or benefit of, “U.S. persons” (as defined in Rule 902 under the Securities Act) in compliance with Regulation S under the Securities Act. The Vylor Notes will not be offered or sold in the United States or to U.S. persons (as defined in Rule 902 under the Securities Act) unless the transaction is registered under the Securities Act, an exemption from the registration requirements of the Securities Act is available or the transaction is not subject to registration under the Securities Act.

The Exchange Offers and Consent Solicitations are being made only pursuant to the Offering Memorandum. The Offering Memorandum and other documents relating to the Exchange Offers and Consent Solicitations will be distributed only to holders of EIDP Notes who confirm that they are within the categories of eligible participants in the Exchange Offers and Consent Solicitations. None of Vylor, its directors or officers, the dealer managers and solicitation agents, the exchange agent, the information agent, the trustees for the Vylor Notes or the EIDP Notes, their respective affiliates, or any other person is making any recommendation as to whether holders should tender their EIDP Notes in the Exchange Offers or deliver related consents to the Proposed Amendments in the Consent Solicitations.


The complete terms and conditions of the Exchange Offers and Consent Solicitations are set forth in the Offering Memorandum. The Exchange Offers and Consent Solicitations are only being made pursuant to the Offering Memorandum. The Exchange Offers and Consent Solicitations are not being made to holders of EIDP Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY OTHER REGULATORY BODY HAS REGISTERED, RECOMMENDED OR APPROVED OF THE VYLOR NOTES OR PASSED UPON THE ACCURACY OR ADEQUACY OF THE OFFERING MEMORANDUM. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

About Corteva

Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world’s most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.

Cautionary Statement on Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws about Corteva, Vylor, EIDP, the Exchange Offers and Consent Solicitations and the Separation, including but not limited to all statements about the timing and consummation of the Exchange Offers and Consent Solicitations and the Separation, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current assumptions regarding future business and financial performance and, by their nature, address matters that are uncertain to different degrees. You can identify forward-looking statements by the use of words such as “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates,” “outlook” or other words of similar meaning. These forward-looking statements are subject to risks and uncertainties that could cause actual results to be materially different from those set forth in such forward-looking statements, including but not limited to, the risk: (i) that general economic and capital markets conditions may adversely affect the Exchange Offers and Consent Solicitations or the Separation; (ii) that the conditions to the Exchange Offers and Consent Solicitations or the Separation may not be satisfied or waived; (iii) that any event, change or other circumstance could give rise to the termination of the Exchange Offers and Consent Solicitations and/or the Separation; (iv) of the effects that any termination of the Separation may have on Corteva or its subsidiaries; (v) that legal proceedings may be instituted related to the Separation or otherwise; (vi) of unexpected costs, charges or expenses; and (vii) of other risks and uncertainties described in Corteva’s and EIDP’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including under the heading “Risk Factors” (Item 1A) in Corteva’s most recently filed Annual Report on Form 10-K and in Corteva’s subsequent Quarterly Reports on Form 10-Q, and in other documents that Corteva or EIDP files or furnishes with the SEC. Neither Corteva nor EIDP undertakes any obligation to update or revise any forward-looking statement, except as required by applicable law.

Corteva Contacts:

Media Relations Contact:

Bethany Shively

804-866-2377

bethany.shively@corteva.com

Investor Relations Contact:

Kim Booth

302-485-3190

kimberly.a.booth@corteva.com

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