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PRICING SUPPLEMENT NO. 4 DATED NOVEMBER 22, 1996 Rule 424(b)(3)
(To the Prospectus Dated May 1, 1996, and the File No. 333-02461
Prospectus Supplement dated May 16, 1996)
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: November 22, 1996 Original Issue Date: November 27, 1996 Maturity Date: December 15, 1999
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..................................................................................____ 6.01%
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................................................................................__________%
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.........................................................................__________%
Principal Amount: $30,000,000.00
Face Amount: $30,000,000.00
Issue Price: Par
Net Proceeds to Issuer: $30,000,000.00
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, 1996
Agent's Commission: $0.00 Agent: Lehman Brothers Inc.
Global Note: [X]Yes [ ]No Form: [X] Book-Entry [ ] Certificated
Depositary: DTC
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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: