debt
confidence high
sentiment neutral
materiality 0.60
Dow Chemical issues $1.25B in notes: $600M 5.150% due 2034, $650M 5.600% due 2054
DOW INC.
- Underwriting agreement signed Feb 7, 2024; offering completed Feb 9, 2024.
- Notes issued by The Dow Chemical Company, guaranteed by Dow Inc. under existing indenture.
- Proceeds from the offering were not specified; notes rank equally with existing unsecured debt.
- Legal opinions from Shearman & Sterling and company counsel filed as exhibits.
- Replaces prior legality opinion for Dow InterNotes and Medium-Term Notes program.