424B3 1 d168044d424b3.htm 424B3 424B3

The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement and the accompanying prospectus supplement and prospectus are not offers to sell these securities and are not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.

Subject to completion

Preliminary Pricing Supplement dated August 09, 2021

 

Filed under 424(b)(3), Registration Statement No. 333-232862-01
Pricing Supplement No. 60 - Dated Monday, August 9, 2021 (To: Prospectus Dated July 26, 2019, and Prospectus Supplement Dated July 26, 2019)
CUSIP    Principal            Gross     Net      Coupon     Coupon      Maturity      1st Coupon      1st Coupon      Survivor’s      Product
Number    Amount      Selling Price     Concession     Proceeds      Rate     Frequency      Date      Date      Amount      Option      Ranking

26054L3W1

        100     1.250        1.150    
Semi-
Annual

 
     08/15/2026        02/15/2022      $ 5.62        Yes      Senior Unsecured
Notes

Redemption Information: Callable at 100.000% on 2/15/2022 and any time thereafter.

Joint Lead Managers and Lead Agents: InspereX, 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 02/15/2022 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.

 

26054L3X9    100%    1.800%    2.000%    Semi-Annual    08/15/2031    02/15/2022    $9.78    Yes    Senior Unsecured Notes

Redemption Information: Callable at 100.000% on 2/15/2022 and any time thereafter.

Joint Lead Managers and Lead Agents: InspereX, 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 02/15/2022 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.

 

26054L3Y7    100%    3.150%    3.000%    Semi-Annual    08/15/2051    02/15/2022    $14.67    Yes    Senior Unsecured Notes

Redemption Information: Callable at 100.000% on 2/15/2022 and any time thereafter.

Joint Lead Managers and Lead Agents: InspereX, 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 02/15/2022 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

 

The Dow Chemical Company

 

2211 H.H. Dow Way

 

Midland, Michigan 48674

  

 

Trade Date: Monday, August 16, 2021 @ 12:00 PM ET

Settle Date: Thursday, August 19, 2021

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

 

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.

 

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

  

 

The Dow Chemical Company

 

The Dow Chemical Company InterNotes