Pricing Supplement No. J004 Dated 12/08/98 Rule 424(b)(2)
Prospectus Supplement dated December 5, 1997 File No. 333-38931
(To Prospectus dated December 1, 1997 )
SALOMON SMITH BARNEY HOLDINGS INC.
NOTES, SERIES J
Due More Than Nine Months from Date of Issue
Principal Amount: $60,000,000.00
Issue Price: 100.00000%
Proceeds to Company on original issuance: $60,000,000.00
Commission or Discount on original issuance: $0.00
Salomon Smith Barney Inc.'s capacity on original issuance:| | As agent
If as principal |X| As principal
| | The Notes are being offered at varying prices related
to prevailing market conditions but not to exceed 100.00000 %.
|X| The Notes are being offered at a fixed initial public
offering price of 100.00000 % of Principal Amount.
Original Issue Date: 12/23/98
Stated Maturity: 12/24/2013
Interest Rate: 6.300000%
Interest Payment Dates:
|X| Monthly.On 24th of every month. First coupon payment
is January 24,1999
| | Quarterly
| | Semi-annually
Amortizing Note: | | Yes |X| No
Amortization Schedule:
Optional Redemption: |X| Yes | | No
Optional Redemption Dates: Optional redemption beginning on December 24,2001
and on 24th of every month thereafter.
Redemption Prices: At par.
Redemption: |X| In whole only and not in part | | May be in whole or in part
Optional Repayment: | | Yes |X| No
Optional Repayment Dates:
Optional Repayment Prices:
Survivor's Option: |X| Yes | | No
Discount Note: | | Yes |X| No
Total Amount of OID:
Bond Yield to Call :
Bond Yield to Maturity:
Yield to Maturity:
CUSIP: 79548GAD9
Pricing Supplement No. J004
Prospectus Supplement dated December 5, 1997
(To Prospectus dated December 1, 1997)
DESCRIPTION OF THE NOTES
General
The description in this Pricing Supplement of the
particular terms of the Registered Notes offered hereby (the
"Notes") supplements, and to the extent inconsistent therewith
replaces, the description of the general terms and provisions of
the Registered Notes set forth in the accompanying Prospectus, to
which descriptions reference is hereby made.
Redemption
The Notes will be redeemable at the option of the
Company, in whole and not in any part thereof, at a Redemption Price
equal to 100% of the Issue Price set forth on the face of this
Pricing Supplement (such redemption an "Optional Redemption"), on
December 24,2001 and any Interest Payment Date occurring thereafter
(such date an "Optional Redemption Date"),up to,but excluding the
maturity date.
The Company may exercise its right of Optional Redemption by notifying the
Trustee of its exercise of such option at least 30 calendar days
prior to the Optional Redemption Date. At least 30 calendar days
but not more than 60 calendar days prior to such Optional
Redemption Date, the Trustee shall mail notice of such
redemption, first class, postage prepaid, to the Depositary's
nominee, as sole Holder of the Notes under the Indenture. The
Depositary will distribute any such notice to the owners of
beneficial interests in the Notes in accordance with its regular
practice.
