Obbligazione DowChem 1.75% ( US26054LQ638 ) in USD

Emittente DowChem
Prezzo di mercato 100 USD  ▲ 
Paese  Stati Uniti
Codice isin  US26054LQ638 ( in USD )
Tasso d'interesse 1.75% per anno ( pagato 2 volte l'anno)
Scadenza 15/03/2025 - Obbligazione č scaduto



Prospetto opuscolo dell'obbligazione Dow Chemical US26054LQ638 in USD 1.75%, scaduta


Importo minimo 1 000 USD
Importo totale 3 663 000 USD
Cusip 26054LQ63
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Descrizione dettagliata Dow Chemical č una multinazionale statunitense leader nella produzione di materiali scientifici, con un vasto portafoglio di prodotti chimici, materie plastiche e prodotti agricoli.

Si segnala la recente conclusione del ciclo di vita di un'obbligazione emessa da Dow Chemical, identificata dal codice ISIN US26054LQ638 e dal codice CUSIP 26054LQ63, che ha raggiunto la sua data di scadenza e il conseguente rimborso integrale il 15 marzo 2025. Dow Chemical, una delle principali potenze globali nel settore della scienza dei materiali, con sede negli Stati Uniti, č un'azienda rinomata per la sua vasta gamma di prodotti chimici, plastici e agricoli, che servono numerosi settori industriali a livello mondiale, con una strategia incentrata sull'innovazione e sulla sostenibilitā, elementi chiave nel panorama economico contemporaneo. L'emissione obbligazionaria in questione, denominata in Dollari Statunitensi (USD) e originariamente collocata negli Stati Uniti, presentava un tasso d'interesse fisso annuale dell'1.75%. La dimensione complessiva dell'emissione ammontava a 3.663.000 USD, con un taglio minimo di acquisto stabilito in 1.000 USD, rendendola accessibile a un determinato segmento di investitori; i pagamenti degli interessi venivano inoltre effettuati con una frequenza semestrale, ovvero due volte all'anno, garantendo un flusso di reddito regolare ai detentori del titolo. Al raggiungimento della data di scadenza, il 15 marzo 2025, il titolo č stato rimborsato al 100% del suo valore nominale, come indicato dal prezzo di mercato al momento del riscatto, un evento che conclude il periodo di vita dell'obbligazione, restituendo il capitale investito ai sottoscrittori in conformitā con i termini dell'emissione e evidenziando il regolare adempimento degli impegni finanziari da parte dell'emittente.







424B2
424B2 1 d157842d424b2.htm 424B2
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% InterNotesŪ Due March 15, 2025

$3,663,000

$475.46



2.500% InterNotesŪ Due March 15, 2030

$2,705,000

$351.11



3.800% InterNotesŪ 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 Ū 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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