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Union Carbide Corporation 7.75% 01-OCT-2096

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Key facts


Issuer
Union Carbide Corp.
Issue date
Oct 7, 1996
Maturity date
Oct 1, 2096
Outstanding amount
‪135.17 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
7.75% (Fixed)
Yield to maturity
6.58%
Union Carbide Corporation is an American manufacturer of chemicals, petrochemicals, and related products. It focuses on the manufacture of building-block chemicals such as ethylene and propylene, which are converted into widely used plastics resins, primarily polyethylene. It is also a producer of ethylene oxide and ethylene glycol used to make polyester fibers and antifreeze, respectively. Union Carbide makes solvents and intermediates (oxo aldehydes and esters), vinyl acetate monomer, water-soluble polymers, and polyolefin-based compounds. Union Carbide Corporation was formed in 1917 from the combination of four companies: Union Carbide Co. (incorporated 1898), Linde Air Products Co. (incorporated 1907), National Carbon Co., Inc. (incorporated 1899), and Prest-O-Lite Co., Inc. (incorporated 1913).
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