LEE SARA CORP
424B3, 1995-05-11
SAUSAGES & OTHER PREPARED MEAT PRODUCTS
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<PAGE>   1
                                                     Rule 424(b)(3)
                                                     Registration No. 33-51715

PRICING SUPPLEMENT NO. 22 DATED May 10, 1995 TO PROSPECTUS DATED 
JANUARY 14, 1994 AND PROSPECTUS SUPPLEMENT DATED FEBRUARY 15, 1994

                             SARA LEE CORPORATION
                         Medium-Term Notes, Series B
                                 (Fixed Rate)
<TABLE>
- --------------------------------------------------------------------------------------------------------------
<S>                                                     <C>
Principal Amount: $15,000,000                            Issue Date: May 16, 1995
Issue Price: $99.60                                      Stated Maturity: May 16, 2000
Commission of Selling Agents: 0.15%                      Specified Currency:  U.S. Dollars
Net Proceeds to Issuer: 14,940,000                       Form:   X  Global
Interest Rate: 6.50%                                            ___ Certificated
Selling Agents: Lehman Brothers
Trade Date: May 10, 1995
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Interest Payment Dates:                             Amortizing Notes:
  ___ As specified in Prospectus Supplement            ___ Yes
   X  Other (specify) _____________________             X  No
Regular Record Date:                                   Each payment of principal of, and interest on,
  ___ As specified in Prospectus Supplement            the Notes will be made:
   X  Other (specify) _____________________                    ___ Quarterly
Original Issue Discount Note:                                  ___ Semiannually
  ___ Yes  X  No                                               ___ Other (specify) ___________________
Original Issue Discount ___________________ %       Interest rate may be reset: ___ Yes  X  No
Yield to Maturity: _______________________ %           Terms of reset:
Repurchase Price (for Discount Securities):         Redemption Information:

Other Provisions:                                   Repayment Information

<CAPTION>
- --------------------------------------------------------------------------------------------------------------
The aggregate principal amount of this offering is U.S. $15,000,000 and relates only to Pricing
Supplement No. 22.  Medium-Term Notes, Series B, may be issued by the Company in the aggregate 
principal amount of up to U.S. $400,000,000 or the equivalent in foreign currencies or foreign currency units.
To date, including this offering, an aggregate of U.S. $329,400,000 or the equivalent in foreign
currency or foreign currency units of Medium-Term Notes, Series B, have been issued.
- --------------------------------------------------------------------------------------------------------------
<S>                                <C>
    TYPE OF SALE:                              IF PRINCIPAL TRANSACTION, REOFFERING AT:
___ As Agent                       _X_ varying prices related to prevailing market prices at the time of resale
_X_ As Principal                   ___ fixed public offering prices of _______________ % of Principal Amount

- --------------------------------------------------------------------------------------------------------------
</TABLE>
[Insert additional tax disclosure, if necessary]



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