LEE SARA CORP
424B3, 1998-04-09
FOOD AND KINDRED PRODUCTS
Previous: LEE SARA CORP, 424B3, 1998-04-09
Next: LEE SARA CORP, 424B3, 1998-04-09



<PAGE>   1
                                Rule 424(b)(3)
                          Registration No. 33-60071

PRICING SUPPLEMENT NO. 2 DATED APRIL 8, 1998 TO PROSPECTUS DATED JANUARY 7, 1997
AND PROSPECTUS SUPPLEMENT DATED FEBRUARY 27, 1997


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


<TABLE>
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                                     <C>
Principal Amount:                           $12,250,000                                 Issue Date:           April 14, 1998   
Issue Price:                                     99.418                                 Stated Maturity:      April 14, 2008  
Commission of Selling Agents:                        NIL                                Specified Currency:     U.S. Dollars
Net Proceeds to Issuer:                      $12,178,705                                Form:     X                   Global
Interest Rate:                                     6.05%                                         ---
Selling Agents:                  Lazard Freres & Co. LLC                                                        Certificated
Trade Date:                                April 8, 1998                                         ----
            
- ------------------------------------------------------------------------------------------------------------------------------------

Interest Payment Dates:                                                                 Amortizing Notes:
X  As specified in Prospectus Supplement                                                      Yes
- --                                                                                      ----
   Other (specify) _____________________                                                  X   No
- --                                                                                      ----
Regular Record Date:                                                                     Each payment of principal of, and interest
X  As specified in Prospectus Supplement                                                on, the Notes will be made:
- --
   Other (specify) _____________________                                                         Quarterly
- --                                                                                      -------
Original Issue Discount Note:                                                             X     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
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
The aggregate principal amount of this offering is U.S. $12,250,000 and relates only to Pricing Supplement No. 2.  Medium-Term
Notes, Series D, 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. $49,000,000 or the equivalent
in foreign currency or foreign currency units of Medium-Term Notes, Series D, have been issued.
- ------------------------------------------------------------------------------------------------------------------------------------
        TYPE OF SALE:                                   IF PRINCIPAL TRANSACTION, REOFFERING AT:
<S>                                   <C>
     As Agent                          X  varying prices related to prevailing market prices at the time of resale
- ----                                  ---
 X   As Principal                         fixed number of offering prices of _______ of Principal Amount
- ----                                  ---
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
[Insert additional tax disclosure, if necessary]



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission