Bond DowChem 3.15% ( US26054LR883 ) in USD

DowChem

100 % ▲

United States

US26054LR883 ( in USD )

3.15% per year ( payment 2 times a year)

15/05/2030

Prospectus brochure of the bond Dow Chemical US26054LR883 en USD 3.15%, maturity 15/05/2030

1 000 USD

1 748 000 USD

26054LR88

N/A

15/05/2026 ( In 151 days )

Dow Chemical Company is a multinational chemical corporation producing and selling various chemicals, plastics, and agricultural products globally.

The Bond issued by DowChem ( United States ) , in USD, with the ISIN code US26054LR883, pays a coupon of 3.15% per year.
The coupons are paid 2 times per year and the Bond maturity is 15/05/2030

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424B2 1 d892109d424b2.htm 424B2
CALCU LAT I ON OF REGI ST RAT I ON FEE

T it le of Ea c h Cla ss of
M a x im um Aggre ga t e
Am ount of
Se c urit ie s Offe re d

Offe ring Pric e
Re gist ra t ion Fe e
2.300% InterNotes® Due May 15, 2025

$3,738,000
$485.19
3.150% InterNotes® Due May 15, 2030

$1,748,000
$226.89
4.000% InterNotes® Due May 15, 2050

$3,253,000
$422.24

T his a m e nde d pric ing supple m e nt is be ing file d only t o inc lude t he c orre c t e d t e x t unde r "Le ga l M a t t e rs". Re gist ra t ion fe e s w e re pre viously
pa id in c onne c t ion w it h t he origina l filing on M a y 1 1 , 2 0 2 0 .
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. 20 - Dated Monday, May 11, 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 LR7 0 $3,738,000.00 100%
1.250%
$3,691,275.00 2.300% Semi-Annual 05/15/2025 11/15/2020
$11.56
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 1 1 /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 11/15/2020 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 LR8 8 $1,748,000.00
100%
1.800% $1,716,536.00
3.150% Semi-Annual 05/15/2030 11/15/2020
$15.84
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 1 1 /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 11/15/2020 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 LR9 6 $3,253,000.00
100%
3.150% $3,150,530.50
4.000% Semi-Annual 05/15/2050 11/15/2020
$20.11

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 1 1 /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 11/15/2020 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, May 11, 2020 @ 12:00 PM ET
T he Dow Che m ic a l Com pa ny

Settle Date: Thursday, May 14, 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 Jonathan Wendt, Managing 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 May 12, 2020,
filed in the Company's Current Report on Form 8-K dated May 12, 2020 and incorporated
by reference as Exhibit 5.1 to the Company's registration statement on Form S-3 ASR
(File No. 333- 232862-01).

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
Right s Re se rve d.

https://www.sec.gov/Archives/edgar/data/29915/000119312520141524/d892109d424b2.htm[5/13/2020 4:04:53 PM]

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https://www.sec.gov/Archives/edgar/data/29915/000119312520141524/d892109d424b2.htm[5/13/2020 4:04:53 PM]

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