Qnity, DuPont's electronics division, secures a $4.1 billion debt agreement before its anticipated separation in November
DuPont Retains Nomex and Kevlar Brands Amid Qnity Electronics Spin-off
In a recent earnings call, DuPont de Nemours, Inc. (NYSE: DD) announced strong financial results for Q2 2025, with a 2.7% sales increase and a 15.5% rise in earnings. Despite ongoing speculation about the potential sale of its aramid fiber business, which includes Nomex and Kevlar, no confirmed sale or divestiture has been announced.
The company is currently focusing on spinning off its electronics business into a new company named Qnity, a move that is scheduled to be completed in November. DuPont plans to retain its legacy safety and protection businesses, which include Nomex and Kevlar. CEO Lori Koch hinted that post-spin-off, the company will concentrate on health care and water sectors, but she did not directly comment on the speculation regarding the sale of the aramid fiber business.
Financially, DuPont’s recent quarter showed growth in earnings and sales, not related to any divestiture of aramid fibers. The company secured $4.1 billion in financing for Qnity Electronics, with proceeds from this financing to be used for a $4.1 billion distribution to DuPont. The bond portion of the financing was $750 million smaller than initially discussed.
In addition to the leveraged loan, priced at 2 percentage points above the benchmark rate and sold at 99.75 cents on the dollar, Qnity also issued $1 billion in secured bonds at a 5.75% yield. An additional $750 million in unsecured bonds were issued at 6.25%. Jon Kemp will lead the new public company as its electronics chief.
An article titled "DuPont Q2 2025: Earnings Beat, Guidance Raised, And A Perfect Spin-Off" discusses DuPont's financial performance, while another article titled "DuPont, Qnity Electronics announce pricing of notes" discusses the pricing of notes related to the Qnity Electronics financing.
It is worth noting that DuPont had previously explored the sale of its water unit but decided not to proceed despite receiving offers. The company has not made any new standalone facts public regarding the potential sale of its Nomex and Kevlar brands as of August 2025.
A transcript of DuPont de Nemours, Inc.'s 2025 Q2 earnings call is available, along with a presentation for the company's 2025 Q2 results. DuPont de Nemours, Inc. raised its adjusted EPS guidance to $4.40. The company targets $3.36B in operating EBITDA.
In summary, current information indicates that DuPont retains Nomex and Kevlar, with no public sale or financial deal announced involving these brands as of August 2025. The focus remains on the upcoming spin-off of Qnity Electronics and the company's future in health care and water sectors.
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