Current Report Filing (8-k)
August 16 2021 - 08:57AM
Edgar (US Regulatory)
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0001751788 DOW:CommonStockParValue0.01PerShareMember 2021-08-16
2021-08-16 0001751788 DOW:Sec0.500NotesDueMarch152027Member
2021-08-16 2021-08-16 0001751788
DOW:Sec1.125NotesDueMarch152032Member 2021-08-16 2021-08-16
0001751788 DOW:Sec1.875NotesDueMarch152040Member 2021-08-16
2021-08-16 0001751788 DOW:Sec4.625NotesDueOctober12044Member
2021-08-16 2021-08-16 iso4217:USD xbrli:shares iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act
of 1934
Date of Report (Date of earliest event reported):
August 16, 2021
Commission
File Number
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Exact Name of Registrant as Specified in its Charter,
Principal Office Address and Telephone Number
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State of
Incorporation or
Organization
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I.R.S. Employer
Identification No.
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001-38646 |
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Dow Inc. |
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Delaware |
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30-1128146 |
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2211 H.H. Dow Way,
Midland,
MI
48674 |
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(989)
636-1000 |
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001-03433 |
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The Dow Chemical Company |
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Delaware |
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38-1285128 |
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2211 H.H. Dow Way,
Midland,
MI
48674 |
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(989)
636-1000 |
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Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
¨ Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Registrant |
Title of each
class |
Trading Symbol(s) |
Name of each exchange on which
registered |
Dow Inc. |
Common Stock, par value $0.01 per share |
DOW |
New York Stock Exchange |
The Dow Chemical
Company |
0.500% Notes due March 15, 2027 |
DOW /27 |
New York Stock Exchange |
The Dow Chemical
Company |
1.125% Notes due March 15, 2032 |
DOW /32 |
New York Stock Exchange |
The Dow Chemical
Company |
1.875% Notes due March 15, 2040 |
DOW /40 |
New York Stock Exchange |
The Dow Chemical
Company |
4.625% Notes due October 1, 2044 |
DOW /44 |
New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
¨
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
¨
Item 7.01. Regulation FD Disclosure
On August 16, 2021, The Dow Chemical Company (the “Company”),
issued a press release announcing that it has commenced cash tender
offers (the “Tender Offers”) to purchase certain of its debt
securities and certain debt securities of Rohm and Haas Company, a
wholly owned subsidiary of the Company (collectively, the “Notes”),
in an aggregate purchase price (excluding Accrued Interest (as
defined below)) of up to $1.48 billion (the “Maximum Tender Offer
Amount”) upon the terms and subject to the conditions set forth in
the Offer to Purchase (the “Offer to Purchase”). The Tender Offers
will expire at 11:59 p.m., New York City time, on September 13,
2021 (the “Expiration Time”), unless extended or earlier terminated
with respect to any Tender Offer.
The
consideration for each $1,000 principal amount of Notes validly
tendered and accepted for purchase pursuant to the Tender Offers
will be determined in the manner described in the press release
furnished as Exhibit 99.1 hereto and the Offer to Purchase by
reference to a specified fixed spread for the Notes plus the yield
based on the bid-side price of a specified U.S. Treasury Reference
Security at 10:00 a.m., New York City time, on August 30, 2021,
unless otherwise extended by us as described in the Offer to
Purchase.
The settlement date for the Notes validly tendered and not validly
withdrawn at or prior to 5:00 p.m., New York City time, on August
27, 2021, (the “Early Tender Deadline”) and accepted for purchase
is expected to be August 31, 2021, the second business day after
the Early Tender Deadline (the “Early Settlement Date”). The
settlement date for the Notes validly tendered after the Early
Tender Deadline but at or prior to the Expiration Date and accepted
for purchase is expected to be September 15, 2021, the second
business day after the Expiration Time (the “Final Settlement
Date,” and along with the Early Settlement Date, each a “Settlement
Date”), if the Maximum Tender Offer Amount of applicable Notes is
not purchased on such Early Settlement Date.
Holders whose Notes are validly tendered and accepted for purchase
will also receive accrued and unpaid interest on their Notes from
the last interest payment date to, but not including, the date of
the applicable Settlement Date less any applicable withholding
taxes (“Accrued Interest”). A copy of the press release is
furnished as Exhibit 99.1 to this Current Report on Form 8-K and is
incorporated by reference herein.
The information included in this Current Report on Form 8-K under
this Item 7.01 (including Exhibit 99.1) shall not be deemed filed
for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated by
reference into any filing made by the Company under the Exchange
Act or the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements And Exhibits.
(d) Exhibits
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
Dated:
August 16, 2021
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Dow Inc.
The Dow Chemical Company
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By: |
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/s/ Ronald C. Edmonds
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Ronald C. Edmonds
Controller and Vice President of
Controllers and Tax
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