KINGSPORT, Tenn.--(BUSINESS WIRE)-- Eastman Chemical Company (the "Company" or "Eastman") (NYSE: EMN ) today announced the consideration payable in connection with the previously announced cash tender offer (the "Tender Offer") to purchase up to an aggregate principal amount of $250,000,000 (the "Tender Cap") of the Company's outstanding 3.800% Notes due 2025 (the "Notes"), as described in the table below. The Tender Offer was made on the terms and conditions described in the Offer to Purchase, dated July 29, 2024 (the "Offer to Purchase"). The "Total Consideration" for each $1,000 principal amount of Notes validly tendered and accepted for purchase pursuant to the Tender Offer was determined in the manner described in the Offer to Purchase by reference to the fixed spread for the Notes specified in the table above and on the front cover of the Offer to Purchase plus the yield to maturity based on the bid side price of the U.S. Treasury Reference Security at 10:00 a.m.,