Dow Chemical to redeem $1.25 billion 4.125% notes due 2021 on Nov. 12

By Sarah Lizee

Olympia, Wash., Oct. 11 – Dow Inc. subsidiary Dow Chemical Co. plans to redeem its $1.25 billion of 4.125% notes due 2021, according to a press release.

The notes will be redeemed in full on Nov. 12 at a redemption price equal to par plus a make-whole premium calculated using a discount rate of Treasuries plus 35 basis points plus accrued interest to the redemption date.

Dow is a specialty chemical company based in Midland, Mich.

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