On Monday, Dow Chemical (NYSE: DOW ) Co., a key player in the plastics and synthetic resins industry with a market capitalization of $25.91 billion, completed a significant issuance of $1 billion in aggregate principal amount of notes. According to InvestingPro analysis, the company appears undervalued at its current trading price of $36.67, which is near its 52-week low. The offering, which was finalized on March 11, 2025, comprised two sets of notes: $400 million of 5.350% notes due in 2035 and $600 million of 5.950% notes due in 2055. The transaction was managed by a syndicate of underwriters led by BofA Securities, Inc., Mizuho Securities USA LLC, and SMBC Nikko Securities America, Inc. The notes were offered under Dow Chemical's existing registration statement on Form S-3, initially filed on June 13, 2022. This new issuance adds to the company's existing total debt of $17.67 billion.