Bond DowChem 3.95% ( US26054LE410 ) in USD

Issuer DowChem
Market price 100.628 %  ⇌ 
Country  United States
ISIN code  US26054LE410 ( in USD )
Interest rate 3.95% per year ( payment 2 times a year)
Maturity 15/06/2025 - Bond has expired



Prospectus brochure of the bond Dow Chemical US26054LE410 in USD 3.95%, expired


Minimal amount 1 000 USD
Total amount 4 609 000 USD
Cusip 26054LE41
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Detailed description Dow Chemical Company is a multinational chemical corporation producing and selling various chemicals, plastics, and agricultural products globally.

Dow Chemical's US$4,609,000 bond (CUSIP: 26054LE41, ISIN: US26054LE410), maturing June 15, 2025, currently trades at 100.628% of par value with a 3.95% coupon rate, paying semi-annually, and has a minimum trading size of 1,000 USD.







424B2
424B2 1 d935876d424b2.htm 424B2
CALCULATION OF REGISTRATION FEE

Maximum Aggregate
Amount of
Title of Each Class of Securities Offered

Offering Price

Registration Fee
2.650% InterNotes® Due June 15, 2020

$
3,624,000
$
421.11
3.300% InterNotes® Due June 15, 2022

$
2,834,000
$
329.31
3.950% InterNotes® Due June 15, 2025

$
4,609,000
$
535.57







Filed under 424(b)(2), Registration Statement No. 333-186728
Pricing Supplement No. 203 - Dated Monday, June 15, 2015 (To: Prospectus Dated February 19, 2013, and Prospectus



Supplement Dated February 19, 2013)
Principal
Selling
Gross
Net
Coupon
Coupon
Maturity
1st Coupon
1st Coupon
Survivor's
Product
CUSIP Number
Amount
Price
Concession

Proceeds
Rate
Frequency
Date

Date
Amount
Option

Ranking
26054LE25
$3,624,000.00 100%
1.250% $3,578,700.00 2.650% Semi- 06/15/2020 12/15/2015 $
13.03
Yes Senior
Annual
Unsecured










Notes

Redemption Information: Callable at 100% on 06/15/2016 and every coupon date thereafter

Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC Agents: Citi, Merrill Lynch, Morgan Stanley, UBS Securities LLC, Wells
Fargo Advisors, LLC

The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole on the interest payment date
occurring on 06/15/2016 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the The Dow Chemical
Company InterNotes plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the prospectus.

26054LE33
$2,834,000.00 100%
1.450% $2,792,907.00 3.300% Semi- 06/15/2022 12/15/2015 $
16.22
Yes Senior
Annual
Unsecured










Notes

Redemption Information: Callable at 100% on 06/15/2016 and every coupon date thereafter

Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC Agents: Citi, Merrill Lynch, Morgan Stanley, UBS Securities LLC, Wells
Fargo Advisors, LLC

The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole on the interest payment date
occurring on 06/15/2016 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the The Dow Chemical
Company InterNotes plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the prospectus.

26054LE41
$4,609,000.00 100%
1.800% $4,526,038.00 3.950% Semi- 06/15/2025 12/15/2015 $
19.42
Yes Senior
Annual
Unsecured










Notes

Redemption Information: Callable at 100% on 06/15/2016 and every coupon date thereafter

Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC Agents: Citi, Merrill Lynch, Morgan Stanley, UBS Securities LLC, Wells
Fargo Advisors, LLC

The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole on the interest payment date
occurring on 06/15/2016 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the The Dow Chemical
Company InterNotes plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the prospectus.

Trade Date: Monday, June 15, 2015 @ 12:00
The Dow Chemical Company
PM ET Settle Date: Thursday, June 18, 2015

The Dow Chemical Company InterNotes

Minimum Denomination/Increments: $1,000.00/$1,000.00
Initial trades settle flat and clear SDFS: DTC Book Entry

The Dow Chemical Company
only DTC Number 0235 via RBC Dain Rauscher Inc

2030 Willard H. Dow Center
If the maturity date or an interest payment date for any note is
Midland, Michigan 48674
not a business day (as term is defined in prospectus),
principal, premium, if any, and interest for that note is paid on
the next business day, and no interest will accrue from, and
after, the maturity date or interest payment date.

Legal Matters:

In the opinion of Kenneth Hemler, Senior Counsel, 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
http://www.sec.gov/Archives/edgar/data/29915/000119312515223447/d935876d424b2.htm[6/15/2015 5:02:03 PM]


424B2
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 May 5, 2015, filed in the Company's Current
Report on Form 8-K dated May 5, 2015 and incorporated by
reference as Exhibit 5.1 to the Company's registration
statement on Form S-3 ASR (No. 333-186728). Capitalized
terms used in this paragraph without definition have the
meanings ascribed to them in the accompanying Prospectus
Supplement.

InterNotes® is a registered trademark of Incapital
Holdings LLC. All Rights Reserved.




http://www.sec.gov/Archives/edgar/data/29915/000119312515223447/d935876d424b2.htm[6/15/2015 5:02:03 PM]


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