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Rule 424(b)(3)
Registration No. 33-60071
PRICING SUPPLEMENT NO. 22 DATED September 4, 1996
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TO PROSPECTUS DATED JULY 14, 1995 AND PROSPECTUS SUPPLEMENT DATED JULY 19, 1995
SARA LEE CORPORATION
Medium-Term Notes, Series C
(Fixed Rate)
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<S> <C>
Principal Amount: $16,000,000 Issue Date: September 9, 1996
Issue Price: 99.759% Stated Maturity: September 9, 1999
Commission of Selling Agents: NIL Specified Currency: U.S. Dollars
Net Proceeds to Issuer: $15,961,440
Interest Rate: 6.70% Form: X Global
Selling Agents: Goldman Sachs ---
Trade Date: September 4, 1996 --- Certificated
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Interest Payment Dates: Amortizing Notes:
X Yes
- --- As specified in Prospectus Supplement ---
- --- Other (specify) ______________________ X No
---
Regular Record Date:
X Each payment of principal of, and interest on,
- --- As specified in Prospectus Supplement the Notes will be made:
- --- Other (specify) ____________________
Original Issue Discount Rate: Quarterly
---
Yes X No X Semiannually
--- --- ---
Original Issue Discount : __________________% --- Other (specify)_________
Yield to Maturity: __________________________%
Repurchase Price (for Discount Securities): Interest rate may be reset: Yes X No
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Other Provisions: Terms of reset:
Redemption Information:
Repayment Information:
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The aggregate principal amount of this offering is U.S. 16,000,000 and relates only to Pricing Supplement No. 22. 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 currency units. To date, including this offering, an aggregate of U.S. $282,000,000 or the equivalent in foreign currency
or foreign currency units of Medium-Term Notes, Series C, have been issued.
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<S> <C>
TYPE OF SALE
IF PRINCIPAL TRANSACTION, REOFFERING AT:
X
- ---- As Agent --- varying prices related to prevailing market prices at the time of resale
X --- fixed public offering prices of _____% of Principal Amount
- ---- As Principal
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