Bond DowChem 3.15% ( US26054LWA78 ) in USD
| Issuer | DowChem | ||
| Market price | 100 % ▼ | ||
| Country | United States
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| ISIN code |
US26054LWA78 ( in USD )
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| Interest rate | 3.15% per year ( payment 2 times a year) | ||
| Maturity | 15/03/2021 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 2 963 000 USD | ||
| Cusip | 26054LWA7 | ||
| 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. An analysis of the recently matured **US26054LWA78** bond (CUSIP: **26054LWA7**), issued by **Dow Chemical**, provides insight into a successfully concluded debt instrument. Dow Chemical, a globally recognized leader in the materials science industry and a major American multinational chemical corporation based in the United States, initially issued this bond as part of its financing activities. This particular obligation, denominated in **USD**, featured a coupon rate of **3.15%**, with interest payments distributed semi-annually. The total issuance size amounted to **2,963,000 USD**, and the minimum purchase increment for investors was **1,000 USD**. As of its maturity date on **March 15, 2021**, the bond was observed trading at **100%** of its face value, reflecting its repayment at par. Confirming its status, this bond has since fully matured and has been redeemed, successfully fulfilling the issuer's obligations to its bondholders. |
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