Vylor Offers High-Grade Debt in Market’s Latest Pre-Spinoff Deal

Vylor Inc. announced a bond offering of investment-grade debt to finance a distribution to parent company Corteva Inc. ahead of its planned spinoff. The offering will provide funds for Corteva shareholders as Vylor prepares to separate into an independent entity. Corteva, an agricultural company, has scheduled the Vylor spinoff to occur in the coming months.

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