E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/13/2022 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Dow Chemical to redeem $750 million 3.625% notes due 2026

By Wendy Van Sickle

Columbus, Ohio, June 13 – Dow Inc. subsidiary Dow Chemical Co. plans a full redemption of its $750 million outstanding 3.625% notes due May 2026, according to a press release.

The notes will be redeemed on June 28 at the greater of par and the sum of the present values of the remaining scheduled payments of principal and interest discounted at Treasuries plus 25 basis points.

Bank of New York Mellon Trust Co., NA is the trustee.

Dow is a specialty chemical company based in Midland, Mich


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.