- Prospectus filed pursuant to Rule 424(b)(3) (424B3)
May 23 2011 - 4:15PM
Edgar (US Regulatory)
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 May 23, 2011
Filed
Under Rule 424(b)(3), Registration Statement No. 333-164985
Pricing Supplement No. 87—dated
May 23
,
2011 (To: Prospectus Dated February 19, 2010 and Prospectus Supplement Dated February 19, 2010)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
26054LLW1
|
|
|
|
|
|
100.000%
|
|
1.250%
|
|
|
|
|
|
2.75%
|
|
SEMI-
ANNUAL
|
|
06/15/2016
|
|
12/15/2011
|
|
$14.67
|
|
YES
|
|
Senior
Unsecured
Notes
|
|
Redemption Information:
Callable
at 100.000% on
06/15/2012 and every coupon date thereafter
Joint Lead Managers and Lead Agents:
BofA Merrill Lynch, InCapital LLC
Agents:
Charles Schwab & Co. Inc.,
Citigroup Global Markets Inc., Morgan Stanley & Co. Incorporated, UBS
Investment Bank, Wells Fargo Advisors LLC
The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow
Chemical Company, in whole on the Interest Payment Date occurring any time on or after 06/15/2012 at a redemption price equal to 100% of the principal amount of The Dow Chemical Company InterNotes, plus accrued interest thereon, if any, upon at
least 30 days prior notice to the Noteholder and the Trustee, as described in the Prospectus.
|
|
26054LLX9
|
|
|
|
|
|
100.000%
|
|
1.450%
|
|
|
|
|
|
3.75%
|
|
SEMI-
ANNUAL
|
|
06/15/2018
|
|
12/15/2011
|
|
$20.00
|
|
YES
|
|
Senior
Unsecured
Notes
|
|
Redemption Information: Callable at 100.000% on 06/15/2012 and
every coupon date thereafter
Joint Lead Managers and Lead Agents:
BofA Merrill Lynch, InCapital LLC
Agents:
Charles Schwab
& Co. Inc., Citigroup Global Markets Inc.,
Morgan Stanley & Co. Incorporated, UBS Investment Bank, Wells Fargo Advisors LLC
The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole on the Interest Payment Date
occurring any time on or after 06/15/2012 at a redemption price equal to 100% of the principal amount of The Dow Chemical Company InterNotes, plus accrued interest thereon, if any, upon at least 30 days prior notice to the Noteholder and the
Trustee, as described in the Prospectus.
|
|
26054LLY7
|
|
|
|
|
|
100.000%
|
|
1.800%
|
|
|
|
|
|
4.40%
|
|
SEMI-
ANNUAL
|
|
06/15/2021
|
|
12/15/2011
|
|
$23.47
|
|
YES
|
|
Senior
Unsecured
Notes
|
Redemption Information: Callable at 100.000% on 06/15/2012 and every coupon date thereafter
Joint Lead Managers and Lead Agents:
BofA Merrill Lynch, InCapital LLC
Agents:
Charles Schwab & Co. Inc., Citigroup Global Markets Inc.,
Morgan Stanley & Co. Incorporated, UBS Investment Bank, Wells Fargo Advisors LLC
The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole on the Interest Payment Date occurring any time on or after 06/15/2012 at a redemption
price equal to 100% of the principal amount of The Dow Chemical Company InterNotes, plus accrued interest thereon, if any, upon at least 30 days prior notice to the Noteholder and the Trustee, as described in the Prospectus.
|
|
|
|
|
|
|
The Dow Chemical
Company
|
|
Trade Date: Tuesday, May 31, 2011 @ 12:00 PM
ET
Settle Date: Friday, June 3, 2011
Minimum Denomination/Increments: $1,000/$1,000
All 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 term is defined in the Prospectus), principal, premium, if any, and interest for that note is
paid on the next Business day, and no interest will accrue from, and after, the maturity date
or
interest payment date.
InterNotes
®
is a registered trade mark of InCapital Holdings LLC. All rights reserved
|
|
The Dow Chemical Company
The Dow Chemical Company InterNotes
|
1
Dow (NYSE:DOW)
Historical Stock Chart
From May 2024 to Jun 2024
Dow (NYSE:DOW)
Historical Stock Chart
From Jun 2023 to Jun 2024
