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PRICING SUPPLEMENT NO. 7 DATED JULY 18, 1997 Rule 424(b)(3)
(To the Prospectus Dated May 1, 1996, and the Prospectus Supplement dated May 16, 1996) File No. 333-02461
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AIR PRODUCTS AND CHEMICALS, INC.
MEDIUM-TERM NOTES, SERIES F
DUE FROM 9 MONTHS TO 30 YEARS FROM DATE OF ISSUE
FIXED-RATE NOTES
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Trade Date: July 18, 1997 Original Issue Date: July 23, 1997 Maturity Date: August 1, 2007
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Interest Rate
Range of Maturities Per Annum
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From 9 months to less than 1 year.................................................................. %
From 1 year to less than 18 months................................................................. %
From 18 months to less than 2 years ............................................................... %
From 2 years to less than 3 years.................................................................. %
From 3 years to less than 4 years.................................................................. %
From 4 years to less than 5 years.................................................................. %
From 5 years to less than 6 years.................................................................. %
From 6 years to less than 7 years.................................................................. %
From 7 years to less than 8 years.................................................................. %
From 8 years to less than 9 years.................................................................. %
From 9 years to less than 10 years................................................................. %
From 10 years to less than 11 years................................................................ 6.65%
From 11 years to less than 12 years................................................................ %
From 12 years to less than 13 years................................................................ %
From 13 years to less than 14 years................................................................ %
From 14 years to less than 15 years................................................................ %
From 15 years to less than 16 years................................................................ %
From 16 years to less than 17 years................................................................ %
From 17 years to less than 18 years................................................................ %
From 18 years to less than 19 years................................................................ %
From 19 years to less than 20 years................................................................ %
From 20 years to less than 21 years................................................................ %
From 21 years to less than 22 years................................................................ %
From 22 years to less than 23 years................................................................ %
From 23 years to less than 24 years................................................................ %
From 24 years to less than 25 years................................................................ %
From 25 years to less than 26 years................................................................ %
From 26 years to less than 27 years................................................................ %
From 27 years to less than 28 years................................................................ %
From 28 years to less than 29 years................................................................ %
From 29 years up to and including 30 years......................................................... %
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Principal Amount: $50,000,000.00
Face Amount: $50,000,000.00
Issue Price: Par
Net Proceeds to Issuer: $49,597,000.00
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Specified Currency: U.S. Dollars Exchange Rate Agent: Lehman Brothers Inc.
(If other than U.S. dollars, see attached)
Interest Payment Dates: December 15 and June 15 Record Dates: December 1 and June 1
First Interest Payment on December 15, 1997
Agent's Commission: $403,000.00 Agent: Lehman Brothers Inc.
Global Note: /X/Yes / /No Form: /X/ Book-Entry / / Certificated
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Depositary: DTC
Redemption: Check box opposite applicable sentence.
/X/ The Notes cannot be redeemed prior to maturity.
/ / The Notes may be redeemed prior to maturity.
Terms of Redemption:
Repayment: Check the box opposite applicable sentence.
/X/ The Notes cannot be repaid prior to maturity.
/ / The Notes may be repaid prior to maturity.
Terms of Repayment:
Additional Terms:
