Shearman & Sterling represented The Dow Chemical Company in connection with a $2.0 billion underwritten public offering of debt securities, including $1.250 billion aggregate principal amount of 4.125% notes due 2021 and $750 million aggregate principal amount of 5.250% notes due 2041.

The Dow Chemical Company has a diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivering a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture.

The Wall Street Journal CFO Journal lauded The Dow Chemical Company for the good timing of this issuance, as the company managed to sell the bonds just before further news about the European debt crisis caused investors to worry about impacts on the global economy.

The following Shearman & Sterling attorneys represented The Dow Chemical Company in the transaction: partners Joel Klaperman (New York-Capital Markets) and Douglas R. McFadyen (New York-Tax); counsel Richard Alsop (New York-Capital Markets); and associates Jason Gao (New York-Capital Markets), Doreen Xia (New York-Capital Markets) and Shiu-Kay Hung (New York-Tax).