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Corning Issuing $500 Million 30-Year Bonds In US Markets - Source

By Patrick McGee Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Corning Inc. (GLW), a leader in specialty glass and ceramics, plans to issue $500 million of 30-year senior unsecured bonds in the U.S. credit markets Wednesday, according to a person familiar with the matter. The bonds are anticipated to be rated A3 by Moody's Investors Service, BBB-plus by Standard & Poor's and A-minus by Fitch Ratings. They are registered with the Securities and Exchange Commission. The Corning, N.Y., company intends to use the funds for general corporate purposes. The bonds feature a change of control provision allowing investors to redeem the notes at 101 cents on the dollar should the company be acquired. J.P. Morgan and Wells Fargo Securities are lead underwriters. -By Patrick McGee, Dow Jones Newswires; 212-416-2382;

Stock News for Corning (GLW)
10/27/201610:04:58Quarterly Report (10-q)
10/26/201616:07:43Statement of Changes in Beneficial Ownership (4)
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10/25/201608:20:00Corning Posts 10% Revenue Climb
10/25/201607:13:30Current Report Filing (8-k)
10/25/201607:10:46Corning Announces Third-Quarter 2016 Financial Performance
10/05/201611:50:10Corning Declares Quarterly Dividend
10/03/201616:11:12Statement of Changes in Beneficial Ownership (4)
10/03/201616:10:20Statement of Changes in Beneficial Ownership (4)
10/03/201616:09:55Statement of Changes in Beneficial Ownership (4)
10/03/201616:08:37Statement of Changes in Beneficial Ownership (4)
10/03/201616:07:45Statement of Changes in Beneficial Ownership (4)
10/03/201616:07:21Statement of Changes in Beneficial Ownership (4)
09/30/201616:03:42Statement of Changes in Beneficial Ownership (4)
09/30/201611:15:10Corning® Gorilla® Glass for Automotive Featured in Curved Cover L...
09/09/201616:11:02Statement of Changes in Beneficial Ownership (4)
08/30/201617:30:25Corning Unveils Corning® Gorilla® Glass SR+, Designed to Overcome t...
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08/17/201616:07:50Statement of Changes in Beneficial Ownership (4)
08/17/201616:06:59Statement of Changes in Beneficial Ownership (4)

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