Corning to sell $250 million 10-year notes via Deutsche Bank, JPMorgan

By Aleesia Forni

Virginia Beach, Nov. 13 - Corning Inc. is expected to come to market with a $250 million offering of notes due 2023, according to a 424B2 filed Wednesday with the Securities and Exchange Commission.

The joint bookrunners for the offering are Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC.

The notes will mature on Nov. 15, 2023.

Proceeds will be used for general corporate purposes, which may include the repayment of debt, financing acquisitions, repurchases of common stock, additions to working capital, capital expenditures and investments.

Based in Corning, N.Y., Corning is a technology manufacturing company.

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