Amadeusz Juskowiak

Dow chemical launches 200 mln swiss franc bond

Dow Chemical Co has launched a 200 mln Swiss franc 12year bond with a 434 pct coupon priced at 10014 pct lead manager Union Bank of Switzerland said

The issue carries a call option from 1993 at 102 pct declining thereafter by 12 percentage point per year

Subscriptions close March 18 and payment date is April 2