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Rule 424(b)(2)
Registration Statement No. 33-53807
PRICING SUPPLEMENT No. 18, dated December 14, 1994
to Prospectus, dated August 30, 1994
The Black & Decker Corporation
Medium-Term Notes, Series A
(Floating Rate)
With Maturities of Nine Months or More From Date of Issue
Issue Price: 100% Form:
Initial Interest Rate: [X] Book Entry [_] Certificated
6 month LIBOR +0.70%
on December 16, 1994
Original Issue Date: Interest Rate Basis:
December 20, 1994 (Check One)
Stated Maturity: December 20, 2001 [_] CD Rate
Maximum Interest Rate: N/A [_] Commercial Paper Rate
Minimum Interest Rate: N/A [X] LIBOR
Spread Multiplier: N/A [X] LIBOR Reuters
Spread: (+/-) +0.70% [ ] LIBOR Telerate
Index Maturity: 6 months [_] Eleventh District Cost of
Funds Rate
Calculation Date(s): [_] CMT Rate
As set forth in the Pricing [_] J.J. Kenny Rate
Supplement dated September 9, 1994 [_] Treasury Rate
Calculation Agent: Marine Midland Bank [_] Federal Funds Effective Rate
Agent's Commission: 0.60 % [_] Prime Rate
Repurchase Price [_] Other__________ (see attached)
(For Discount Securities): N/A
Interest Rate Reset Period: Currency or Currency Unit:
Semi-Annually (Check one; if other than U.S.
Interest Reset Dates: Dollars, see attached)
Semi-Annually on June 20
and December 20 [X] U.S. Dollars (USD or U.S.$)
Interest Payment Dates: [_] European Currency Units (ECU)
Semi-Annually on June 20 [_] Australian Dollars (AUD or AUS$)
and December 20 beginning [_] British Pound (GBP or UK(Pounds))
beginning June 20, 1995 [_] Canadian Dollars (CAD or CAN$)
Regular Record Dates: [_] German Marks (DEM or DM)
15th day next preceding Interest [_] Italian Lire (ITL or Lire)
Payment Date [_] Japanese Yen (JPY or (Yen))
Interest Determination Dates: [_] Swiss Francs (CHF or SWFr)
2 Market Days prior to Interest [_] Other__________
Payment Date
Redemption Information: N/A
Currency Determination Agent: N/A
Repayment Information: N/A
Other Provisions: Agent is
First Chicago Capital Market, Inc.
The aggregate principal amount of this offering is U.S. $7,500,000
(which, if the securities offered hereby are denominated in a currency or
currency unit other than U.S. dollars, is the equivalent, in the
currency units set forth herein, of the principal amount set forth
herein at the Exchange Rate set forth herein) and relates only to
Pricing Supplement No. 18. Debt Securities, including Medium-Term Notes,
Series A, may be issued by the Company in an aggregate initial
offering price of up to U.S. $500,000,000 or the equivalent in foreign
currency or currency units. To date, including this offering, an
aggregate of U.S. $151,750,000 or the equivalent in foreign currency or
foreign currency units of Medium-Term Notes, Series A, and all other Debt
Securities, has been issued.
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Type of Sale: If Principal Transaction, reoffering at:
[X] As Agent [_] varying prices related to prevailing market
[_] As Principal prices at the time of resale
[_] fixed public offering price of __% of Principal
Amount
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