0001193125-20-311563.txt : 20201207 0001193125-20-311563.hdr.sgml : 20201207 20201207140817 ACCESSION NUMBER: 0001193125-20-311563 CONFORMED SUBMISSION TYPE: 424B2 PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20201207 DATE AS OF CHANGE: 20201207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOW CHEMICAL CO /DE/ CENTRAL INDEX KEY: 0000029915 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 381285128 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B2 SEC ACT: 1933 Act SEC FILE NUMBER: 333-232862-01 FILM NUMBER: 201372307 BUSINESS ADDRESS: STREET 1: 2211 H.H. DOW WAY CITY: MIDLAND STATE: MI ZIP: 48674-2030 BUSINESS PHONE: 989-636-1000 MAIL ADDRESS: STREET 1: 2211 H.H. DOW WAY CITY: MIDLAND STATE: MI ZIP: 48674-2030 424B2 1 d27262d424b2.htm 424B2 424B2

CALCULATION OF REGISTRATION FEE

 

 

Title of Each Class of
Securities Offered
  Maximum Aggregate
Offering Price
  Amount of
Registration Fee

1.800% InterNotes® Due December 15, 2030

  $300,000   $32.73

2.900% InterNotes® Due December 15, 2050

  $2,169,000   $236.64

 

 

Filed under 424(b)(2), Registration Statement No. 333-232862-01

Pricing Supplement No. 41 - Dated Monday, December 7, 2020 (To: Prospectus Dated July 26, 2019, and Prospectus Supplement Dated July 26, 2019)

 

CUSIP
Number

   Principal
Amount
     Selling
Price
    Gross
Concession
    Net
Proceeds
     Coupon
Rate
    Coupon
Frequency
     Maturity
Date
     1st Coupon
Date
     1st Coupon
Amount
     Survivor’s
Option
     Product
Ranking
 

26054LY98

   $ 300,000.00        100     1.800   $ 294,600.00        1.800     Semi-Annual        12/15/2030        06/15/2021      $ 9.25        Yes        Senior Unsecured Notes  

Redemption Information: Callable at 100.000% on 6/15/2021 and any time thereafter.

Joint Lead Managers and Lead Agents: Incapital LLC Agents: 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 06/15/2021 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.

 

 

26054LZ22

   $ 2,169,000.00        100     3.150   $ 2,100,676.50        2.900     Semi-Annual        12/15/2050        06/15/2021      $ 14.90        Yes        Senior Unsecured Notes  

Redemption Information: Callable at 100.000% on 6/15/2021 and any time thereafter.

Joint Lead Managers and Lead Agents: Incapital LLC Agents: 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 06/15/2021 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.

 

LOGO LOGO   

Trade Date: Monday, December 7, 2020 @ 12:00 PM ET

Settle Date: Thursday, December 10, 2020

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 Do\w Chemical Company
The Dow Chemical Company InterNotes
The Dow Chemical Company
2211 H.H. Dow Way
Midland, Michigan 48674
   If the maturity date or an interest payment date for any note is not a business day (as 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).

  
  

 

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

  
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