Obligation DowChem 1.75% ( US26054LQ638 ) en USD

DowChem

100 % ▲

Etas-Unis

US26054LQ638 ( en USD )

1.75% par an ( paiement semestriel )

15/03/2025 - Obligation échue

Prospectus brochure de l'obligation Dow Chemical US26054LQ638 en USD 1.75%, échue

1 000 USD

3 663 000 USD

26054LQ63

N/A

N/A

Dow Chemical est une entreprise multinationale américaine spécialisée dans la science des matériaux, produisant une large gamme de produits chimiques, plastiques et agricoles.

Clôture d'une Émission Obligataire : Le Cas de Dow Chemical (ISIN US26054LQ638) L'obligation de type ISIN US26054LQ638, émise par Dow Chemical, a récemment atteint sa maturité et a été intégralement remboursée à ses détenteurs, marquant la fin de son cycle de vie financier. Dow Chemical Company, un acteur majeur et historique de l'industrie chimique mondiale, est l'émetteur de cette obligation. Fondée en 1897, l'entreprise, dont le siège social est situé à Midland, Michigan, aux États-Unis, est reconnue pour sa vaste gamme de produits et solutions scientifiques, incluant des matériaux d'emballage, des matériaux d'infrastructure, des produits de consommation et des spécialités. Sa présence globale et sa diversification en font une entité économique d'importance stratégique dans le secteur manufacturier. Identifiée par le code ISIN US26054LQ638 et le code CUSIP 26054LQ63, cette émission obligataire était libellée en dollars américains (USD). Son taux d'intérêt nominal était fixé à 1,75%, avec une fréquence de paiement semi-annuelle, assurant deux versements annuels aux investisseurs. Le montant total initial de l'émission s'élevait à 3 663 000 USD, avec une taille minimale d'achat fixée à 1 000 USD par obligation, rendant l'investissement accessible à une certaine catégorie d'investisseurs. Originaire des États-Unis, cette dette avait une date de maturité spécifiquement définie au 15 mars 2025. Au moment de son remboursement, le prix de l'obligation sur le marché était à 100% de sa valeur nominale, reflétant une clôture à parité. Cette obligation est arrivée à maturité et a été intégralement remboursée, signifiant que Dow Chemical a honoré ses engagements financiers envers les porteurs, restituant le principal investi conformément aux termes de l'émission.

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CALCU LAT I ON OF REGI ST RAT I ON FEE

M a x im um Aggre ga t e
Am ount of
T it le of Ea c h Cla ss of

Re gist ra t ion

Se c urit ie s Offe re d

Offe ring Pric e

Fe e

1.750% InterNotes® Due March 15, 2025

$3,663,000

$475.46

2.500% InterNotes® Due March 15, 2030

$2,705,000

$351.11

3.800% InterNotes® Due March 15, 2050

$10,486,000

$1,361.08
File d unde r 4 2 4 (b)(2 ), Re gist ra t ion St a t e m e nt N o. 3 3 3 -2 3 2 8 6 2 -0 1
Pricing Supplement No. 17 - Dated Monday, March 9, 2020 (To: Prospectus Dated July 26, 2019, and Prospectus Supplement Dated July 26, 2019)
1 st
1 st
CU SI P
Princ ipa l
Se lling
Gross
N e t
Coupon
Coupon
M a t urit y
Coupon Coupon Survivor's
Produc t
N um be r

Am ount
Pric e Conc e ssion
Proc e e ds
Ra t e Fre que nc y
Da t e

Da t e
Am ount Opt ion

Ra nk ing
2 6 0 5 4 LQ6 3 $ 3 ,6 6 3 ,0 0 0 .0 0 100%
1.250%
$ 3 ,6 1 7 ,2 1 2 .5 0 1.750% Semi-Annual 03/15/2025 09/15/2020 $8.90

Yes
Senior Unsecured Notes
Re de m pt ion I nform a t ion: Ca lla ble a t 1 0 0 .0 0 0 % on 9 /1 5 /2 0 2 0 a nd a ny t im e t he re a ft e r.

J oint Le a d M a na ge rs a nd Le a d Age nt s: Incapital LLC Age nt s: Citigroup, Morgan Stanley, Wells Fargo Advisors

This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest
payment date occurring on 09/15/2020 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company
InterNotes plus accrued interest thereon, if any, upon not less than 10 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.

Investment advisers purchasing for the account of their advisory clients and selected dealers purchasing on an agency basis or for their own accounts on a
principal or riskless principal basis, may be offered Notes at a 0.8500% discount to the public offering rate. Notes purchased by selected dealers in level-fee
and retirement accounts may be sold to such accounts at a discount up to 0.8500% to the public offering price, thereby not retaining any portion of the
discount as compensation.

2 6 0 5 4 LQ7 1 $ 2 ,7 0 5 ,0 0 0 .0 0 100%
1.800%
$ 2 ,6 5 6 ,3 1 0 .0 0 2.500% Semi-Annual 03/15/2030 09/15/2020 $12.71
Yes
Senior Unsecured Notes
Re de m pt ion I nform a t ion: Ca lla ble a t 1 0 0 .0 0 0 % on 9 /1 5 /2 0 2 0 a nd a ny t im e t he re a ft e r.

J oint Le a d M a na ge rs a nd Le a d Age nt s: Incapital LLC Age nt s: Citigroup, Morgan Stanley, Wells Fargo Advisors

This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest
payment date occurring on 09/15/2020 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company
InterNotes plus accrued interest thereon, if any, upon not less than 10 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.
Investment advisers purchasing for the account of their advisory clients and selected dealers purchasing on an agency basis or for their own accounts on a principal or
riskless principal basis, may be offered Notes at a 1.2500% discount to the public offering rate. Notes purchased by selected dealers in level-fee and retirement accounts
may be sold to such accounts at a discount up to 1.2500% to the public offering price, thereby not retaining any portion of the discount as compensation.
2 6 0 5 4 LQ8 9 $ 1 0 ,4 8 6 ,0 0 0 .0 0 100%
3.150%
$ 1 0 ,1 5 5 ,6 9 1 .0 0 3.800% Semi-Annual 03/15/2050 09/15/2020 $19.32
Yes
Senior Unsecured Notes

Re de m pt ion I nform a t ion: Ca lla ble a t 1 0 0 .0 0 0 % on 9 /1 5 /2 0 2 0 a nd a ny t im e t he re a ft e r.

J oint Le a d M a na ge rs a nd Le a d Age nt s: Incapital LLC Age nt s: Citigroup, Morgan Stanley, Wells Fargo Advisors

This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest
payment date occurring on 09/15/2020 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company
InterNotes plus accrued interest thereon, if any, upon not less than 10 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.

Investment advisers purchasing for the account of their advisory clients and selected dealers purchasing on an agency basis or for their own accounts on a principal or
riskless principal basis, may be offered Notes at a 2.4000% discount to the public offering rate. Notes purchased by selected dealers in level-fee and retirement accounts
may be sold to such accounts at a discount up to 2.4000% to the public offering price, thereby not retaining any portion of the discount as compensation.

Trade Date: Monday, March 9, 2020 @ 12:00 PM ET
T he Dow Che m ic a l Com pa ny

Settle Date: Thursday, March 12, 2020
T he Dow Che m ic a l Com pa ny I nt e rN ot e s
Minimum Denomination/Increments: $1,000.00/$1,000.00
Initial trades settle flat and clear SDFS: DTC Book Entry only
DTC Number 0235 via RBC Dain Rauscher Inc
The Dow Chemical Company

2211 H.H. Dow Way
If the maturity date or an interest payment date for any note is not a business day (as
Midland, Michigan 48674
such term is defined in prospectus), principal and premium, if any, and interest for that
note is paid on the next business day, and no further such interest will accrue from, and
including, the maturity date or such interest payment date.

Legal Matters:
In the opinion of Leah Trzcinski, Counsel and Assistant Secretary, of The Dow Chemical
Company (the "Company"), the notes offered by this pricing supplement have been duly
authorized, and when executed and issued by the Company, authenticated by the Trustee
pursuant to the Indenture, and delivered against payment as contemplated herein, such
notes will be legal, valid and binding obligations of the Company enforceable against the
Company in accordance with their terms and entitled to the benefits of the Indenture
(subject to applicable bankruptcy, reorganization, insolvency, moratorium or other laws
affecting creditors' rights generally from time to time in effect and to general principles of
equity). This opinion is given as of the date hereof and is limited to the law of the State of
New York and the General Corporation Law of the State of Delaware as in effect on the
date hereof. In addition, this opinion is subject to the same assumptions and qualifications
stated in the letter of such counsel dated August 5, 2019, filed in the Company's Current
Report on Form 8-K dated August 5, 2019 and incorporated by reference as Exhibit 5.1
to the Company's registration statement on Form S-3 ASR (File No. 333-232862-01).
Capitalized terms used in this paragraph without definition have the meanings ascribed to
them in the accompanying Prospectus Supplement.

I nt e rN ot e s ® is a re gist e re d t ra de m a rk of I nc a pit a l H oldings LLC. All
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424B2
Right s Re se rve d.

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