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DOW TO CALL DEBENTURES DUE IN THE YEAR 2000

 DOW TO CALL DEBENTURES DUE IN THE YEAR 2000
 MIDLAND, Mich., May 27 /PRNewswire/ -- The Dow Chemical Company


(NYSE: DOW) today announced that the company elects to call the outstanding principal amount of two debentures due in the year 2000.
 The 8.875 percent and 8.9 percent debentures are due May 1, 2000, and Nov. 1, 2000, respectively. The outstanding principal amount of these debentures is $26.5 million and $42 million. They will be redeemed June 11, 1992.
 The 8.875 percent debenture will be called at 100.975 percent of the principal amount with accrued interest of $261,319 and the 8.9 percent debenture at 101.36 percent with accrued interest of $415,333.
 Holders of the debentures are being notified by Citibank, N.A. of Dow's decision to call.
 -0- 5/27/92
 /CONTACT: Douglas G. Draper of The Dow Chemical Company, 517-636-2876/
 (DOW) CO: The Dow Chemical Company ST: Michigan IN: CHM SU:


JG -- DE005 -- 4113 05/27/92 09:17 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:May 27, 1992
Words:168
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