Pricing Supplement No. H069 Dated 06/28/99 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 H
Due More Than Nine Months from Date of Issue
Principal Amount: $16,000,000.00
Issue Price: 19.3809625%
Proceeds to Company on original issuance: $3,100,954.00
Commission or Discount on original issuance: $0.00
Salomon Smith Barney Inc.'s capacity on original issuance:|X| As agent
If as principal | | As principal
| | The Notes are being offered at varying prices related
to prevailing market conditions but not to exceed 100.00000 %.
| | The Notes are being offered at a fixed initial public
offering price of 100.00000 % of Principal Amount.
Original Issue Date: 07/15/99
Stated Maturity: 07/15/2019
Interest Rate: 0.00%
Interest Payment Dates: N/A
Amortizing Note: | | Yes |X| No
Amortization Schedule:
Optional Redemption: |X| Yes | | No
Optional Redemption Dates: Optional redemption beginning on July 15,2001
and on each January 15 and July 15 thereafter.
Redemption Prices: see attached Description of Notes
Redemption: | | In whole only and not in part |x| May be in whole or in part
Optional Repayment: | | Yes |X| No
Optional Repayment Dates:
Optional Repayment Prices:
Survivor's Option: | | Yes |X| No
Discount Note: |X| Yes | | No
Total Amount of OID: $ 12,899,046.00
Bond Yield to Call : 8.375 %
Bond Yield to Maturity: 8.375 %
Yield to Maturity: 8.375 %
CUSIP: 79548ECW0
Pricing Supplement No. H069
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 reference is hereby made.
Redemption
The Notes will be redeemable at the option of the
Company, in whole or in part, at a Redemption Price
equal to the product of the face amount of the Notes to be redeemed and
the appropriate Redemption Percentage set forth below
(such redemption an "Optional Redemption"),
beginning on July 15,2001 and each January 15 and July 15 thereafter
(such date an "Optional Redemption Date"),up to,but excluding
the maturity date.
Optional
Redemption Redemption
Date Percentage
7/15/2001 22.836933%
1/15/2002 23.793230%
7/15/2002 24.789571%
1/15/2003 25.827635%
7/15/2003 26.909167%
1/15/2004 28.035988%
7/15/2004 29.209995%
1/15/2005 30.433164%
7/15/2005 31.707552%
1/15/2006 33.035306%
7/15/2006 34.418660%
1/15/2007 35.859941%
7/15/2007 37.361576%
1/15/2008 38.926092%
7/15/2008 40.556122%
1/15/2009 42.254410%
7/15/2009 44.023813%
1/15/2010 45.867310%
7/15/2010 47.788004%
1/15/2011 49.789127%
7/15/2011 51.874046%
1/15/2012 54.046272%
7/15/2012 56.309460%
1/15/2013 58.667418%
7/15/2013 61.124116%
1/15/2014 63.683689%
7/15/2014 66.350443%
1/15/2015 69.128868%
7/15/2015 72.023639%
1/15/2016 75.039629%
7/15/2016 78.181914%
1/15/2017 81.455781%
7/15/2017 84.866742%
1/15/2018 88.420537%
7/15/2018 92.123147%
1/15/2019 95.980804%
7/15/2019 100.000000%
Trustee
The "Trustee" under the Senior Debt Indenture will be
The First National Bank of Chicago under an indenture dated
as of February 8, 1993, as amended from time to time.
Section numbers in the The First National Bank of Chicago
Senior Debt Indenture take the form "1.01", "2.01" and so forth rather than
"101", "201" and so forth. Section references in the accompanying Prospectus
should be read accordingly.
