LEE SARA CORP
424B3, 1995-08-29
SAUSAGES & OTHER PREPARED MEAT PRODUCTS
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<PAGE>   1

                                          Rule 424(b)(3)
                                          Registration No. 33-60071

PRICING SUPPLEMENT NO. 7 DATED AUGUST 28, 1995
TO PROSPECTUS DATED JULY 14, 1995 AND PROSPECTUS SUPPLEMENT DATED JULY 19, 1995

                             SARA LEE CORPORATION
                         Medium-Term Notes, Series C
                                 (Fixed Rate)

<TABLE>
- ------------------------------------------------------------------------------------------------------------------
<S>                                            <C>
Principal Amount: $10,000,000                  Issue Date: August 31, 1995
Issue Price: 100.616%                          Stated Maturity: August 21, 2003
Commission of Selling Agents: NIL              Specified Currency: U.S. Dollars
Net Proceeds to Issuer: $10,061,600            Form:   X    Global
Interest Rate: 6.90%                                 ____   Certificated
Selling Agents: Goldman Sachs                               
Trade Date: August 28, 1995                          
- ------------------------------------------------------------------------------------------------------------------
Interest Payment Dates:                        Amortizing Notes:
  X   As specified in Prospectus               _____ Yes
        Supplement                             
_____ Other (specify) _____________              X    No

Regular Record Date:                           Each payment of principal of,
  X   As specified in Prospectus                 and interest on, the Notes
        Supplement                               will be made:
_____ Other (specify) _____________            _____    Quarterly

Original Issue Discount Note:                  _____    Semiannually
_____ Yes   X   No                            
                                               _____    Other (specify) _______
Original Issue Discount _________ %              
Yield to Maturity: ______________ %            Interest rate may 
Repurchase Price (for Discount Securities):      be reset: ______ Yes   X   No

                                                 Terms of reset:        
                                               Redemption Information:

Other Provisions:                              Repayment Information

<CAPTION>
- ------------------------------------------------------------------------------------------------------------------
The aggregate principal amount of this offering is U.S. $10,000,000 and relates
only to Pricing Supplement No. 7. Medium-Term Notes, Series C, may be issued by
the Company in the aggregate principal amount of up to U.S. $500,000,000 or the
equivalent in foreign currencies or foreign currency units. To date, including
this offering, an aggregate of U.S. $74,000,000 or the equivalent in foreign
currency or foreign currency units of Medium-Term Notes, Series C, 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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