CHASE MANHATTAN CORP /DE/
424B3, 1998-03-25
NATIONAL COMMERCIAL BANKS
Previous: CHEMICAL FINANCIAL CORP, 10-K405, 1998-03-25
Next: BELL ATLANTIC WASHINGTON DC INC, 10-K405, 1998-03-25




PROSPECTUS SUPPLEMENT dated March 25, 1998
to Prospectus dated April 8, 1997

                         THE CHASE MANHATTAN CORPORATION

      The Prospectus of The Chase Manhattan Corporation dated April 8, 1997 (the
"Prospectus") is hereby supplemented by the addition of the following:

      1. The section entitled "DESCRIPTION OF COMPANY DEBT SECURITIES--Company
Senior Securities" is hereby amended by the addition of the following
description of the principal terms of the Company Senior Securities (as defined
in the Prospectus) issued since the date of the Prospectus:

Terms and Provisions of Senior Medium-Term Notes, Series C

      Set forth below is a table indicating the issuance date and the maturity
date of the $1,852,084,000 aggregate principal amount of Senior Medium Term
Notes, Series C (the "Senior Series C Notes"), issued since the date of the
Prospectus. The Senior Series C Notes are not subject to any sinking fund and
are not redeemable prior to their stated maturity except as stated below. The
Senior Series C Notes have either (a) fixed interest rates or (b) floating
interest rates which are reset periodically be reference to an interest rate
basis or formula.

Issuance Date       Principal Amount   Maturity Date      Rate
- -------------       ----------------   -------------      ----

June 26, 1997       $100,000,000       June 26, 2000      LIBOR Telerate reset
                                                          monthly + 0.02%

August 5, 1997      $300,000,000       August 5, 2027     Zero coupon

August 15, 1997     $115,000,000       August 15, 2017    Zero coupon

January 12, 1998    $150,000,000       January 12, 2000   LIBOR Telerate reset
                                                          quarterly

January 12, 1998    $ 75,000,000       January 12, 2001   LIBOR Telerate reset
                                                          quarterly + 0.025%

January 15, 1998    $ 75,000,000       January 14, 2000   Prime reset daily
                                                          minus 2.78%

January 20, 1998    $ 15,000,000       January 21, 2003   LIBOR Telerate reset
                                                          monthly + 0.14%

January 20, 1998    $ 20,000,000       January 20, 2000   LIBOR Telerate reset
                                                          quarterly minus 0.01%
<PAGE>

Issuance Date       Principal Amount   Maturity Date      Rate
- -------------       ----------------   -------------      ----

January 20, 1998    $250,000,000       January 20, 2000   Prime reset daily
                                                          minus 2.79%

January 21, 1998    $ 75,000,000       January 21, 2000   Prime reset daily
                                                          minus 2.79%

February 13, 1998   $ 66,000,000       February 13, 2003  LIBOR Telerate reset
                                                          quarterly + 0.15%

February 20, 1998   $ 11,084,000       February 22, 2028  LIBOR Telerate reset
                                                          monthly minus 0.10%.

February 26, 1998   $100,000,000       February 26, 2001  LIBOR Telerate reset
                                                          quarterly + 0.06%

March 25, 1998      $500,000,000       March 25, 1999     LIBOR Telerate reset
                                                          quarterly minus 0.09%

      2. The section entitled "DESCRIPTION OF COMPANY DEBT SECURITIES--Company
Subordinated Securities" is hereby amended by the addition of the following
description of the principal terms of the Company Subordinated Securities (as
defined in the Prospectus) issued (or to be issued) since the date of the
Prospectus:

Terms and Provisions of 7 1/4% Subordinated Notes Due 2007

      The 7 1/4% Subordinated Notes Due 2007 (the "7 1/4% 2007 Notes") are
limited to $320,000,000 aggregate principal amount and will mature on June 1,
2007. The 7 1/4% 2007 Notes are not redeemable prior to maturity and no sinking
fund is provided for the 7 1/4% 2007 Notes. The 7 1/4% 2007 Notes bear interest
from May 21, 1997, payable semiannually in arrears on each June 1 and December
1, commencing December 1, 1997 to the persons in whose names the 7 1/4% 2007
Notes are registered at the close of business on the fifteenth day of May or
November preceding such June 1 or December 1.

Terms and Provisions of 7 1/8% Subordinated Notes Due 2009

         The 7 1/8%  Subordinated  Notes Due 2009 (the "7 1/8% 2009  Notes") are
limited to $250,000,000  aggregate  principal amount and will mature on June 15,
2009. The 7 1/8% 2009 Notes are not redeemable  prior to maturity and no sinking
fund is provided for the 7 1/8% 2009 Notes.  The 7 1/8% 2009 Notes bear interest
from June 12, 1997, payable semiannually in arrears on each June 15 and December
15, commencing  December 15, 1997, to the persons in whose names the 7 1/8% 2009
Notes  are  registered  at the  close of  business  on the  first day of June or
December preceding such June 15 or December 15.
<PAGE>

Terms and Provisions of 6 3/8% Subordinated Notes Due 2008

      The 6 3/8% Subordinated Notes Due 2008 (the "6 3/8% 2008 Notes") are
limited to $200,000,000 aggregate principal amount and will mature on February
15, 2008. The 6 3/8% 2008 Notes are not redeemable prior to maturity and no
sinking fund is provided for the 6 3/8% 2008 Notes. The 6 3/8% 2008 Notes bear
interest from February 11, 1998, payable semiannually in arrears on each
February 15 and August 15, commencing August 15, 1998, to the persons in whose
names the 6 3/8% 2008 Notes are registered at the close of business on the first
day of February or August preceding such February 15 or August 15.

Terms and Provisions of Subordinated Medium-Term Notes, Series A

      Set forth below is a table indicating the issuance date and the maturity
date of the $320,000,000 aggregate principal amount of Subordinated Medium Term
Notes, Series A (the "Subordinated Series A Notes"), issued since the date of
the Prospectus. The Subordinated Series A Notes are not subject to any sinking
fund and are not redeemable prior to their stated maturity except as stated
below. The Subordinated Series A Notes have either (a) fixed interest rates or
(b) floating interest rates which are reset periodically be reference to an
interest rate basis or formula.

Issuance Date       Principal Amount   Maturity Date        Rate
- -------------       ----------------   -------------        ----

September 24, 1997  $100,000,000       September 15, 2006   6.75%

November 5, 1997    $ 20,000,000       November 5, 2012     7.00%

November 20, 1997   $ 25,000,000       November 20, 2017    7.00%

December 4, 1997    $ 25,000,000       December 15, 2017    7.00%

December 12, 1997   $ 25,000,000       December 12, 2012    6.875%

December 18, 1997   $ 50,000,000       December 18, 2017    7.00%

December 26, 1998   $ 25,000,000       December 10, 2013    7.00%

February 23, 1998   $ 25,000,000       February 23, 2018    6.625%

March 2, 1998       $ 25,000,000       March 2, 2018        6.75%



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission