Pricing Supplement No. 25 dated November 2, 1999 Rule 424(b)(3)
(To Prospectus dated April 1, 1996 File No. 33-58887
and Prospectus Supplement dated April 1, 1996)
COLGATE-PALMOLIVE COMPANY
Medium-Term Notes - Fixed Rate Notes
Series C
We are hereby offering to sell Notes having the terms specified below to
you with the assistance of the agents named below, each acting as principal.
The Notes are being offered by the agents at a fixed initial public offering
price of 100% of the principal amount.
<TABLE>
<S> <C> <C>
Principal Amount: $150,000,000 Original Issue Date: November 5, 1999
Interest Rate: 6.58% per annum Net Proceeds to Colgate-Palmolive: $149,475,000
Stated Maturity Date: November 5, 2002 Agents' Discount or Commission: $525,000
</TABLE>
Interest Payment Dates: Colgate-Palmolive will pay interest on the Notes in
U.S. dollars on the fifth day of May and November of
each year, commencing May 5, 2000, up to November 5,
2002.
Redemption: The Notes may not be redeemed by Colgate-Palmolive
prior to the stated maturity date.
Optional Repayment: The Notes cannot be repaid at the option of the holder
thereof prior to the stated maturity date.
Specified Currency: U.S. dollars
Form: The Notes are being issued in fully registered
book-entry form.
Other provisions:
Use of Proceeds:
The net proceeds from the sale of the Notes will be used by
Colgate-Palmolive to retire commercial paper which was issued by
Colgate-Palmolive for general corporate purposes and working capital.
As of November 2, 1999, Colgate-Palmolive's outstanding commercial
paper had a weighted average interest rate of 5.3305% with maturities
ranging from 2 to 59 days.
Agents: x Chase Securities Inc. x Merrill Lynch & Co.
x Goldman, Sachs & Co. x J.P. Morgan & Co.
x Lazard Freres & Co. LLC x Salomon Smith Barney
<PAGE>
Each of the agents has severally agreed to purchase from
Colgate-Palmolive, and Colgate-Palmolive has agreed to sell to the agents, the
principal amount of Notes set forth opposite the agent's name below:
Name of Agent Principal Amount of Notes
Chase Securities Inc.............................. $25,000,000
Goldman, Sachs & Co............................... 25,000,000
Lazard Freres & Co. LLC........................... 25,000,000
Merrill Lynch, Pierce, Fenner & Smith
Incorporated.......................... 25,000,000
J.P. Morgan Securities Inc........................ 25,000,000
Salomon Smith Barney Inc.......................... 25,000,000
----------
$150,000,000
===========
