Pricing Supplement Dated March 19, 1998 Rule 424(b)(3)
(To Prospectus dated August 18, 1997 and File No. 333-32971
Prospectus Supplement dated August 19, 1997)
Bestfoods
(formerly CPC International Inc.)
Medium-Term Notes, Series F - Fixed Rate
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Principal Amount: $250,000,000 Interest Rate: 6.625%
Issue Price: $247,347,500 Original Issue Date: March 24, 1998
Agent's Discount or Commission: $2,187,500 Stated Maturity Date: April 15, 2028
Net Proceeds to Issuer: $245,160,000
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Interest Payment Dates: April 15 and October 15
Redemption:
/X/ The Notes cannot be redeemed prior to the Stated Maturity Date.
/ / The Notes may be redeemed prior to the Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage: %
Annual Redemption Percentage Reduction: % until Redemption
Percentage is 100% of the principal amount.
Optional Repayment:
/X/ The Notes cannot be repaid prior to the Stated Maturity Date.
/ / The Notes can be repaid prior to the Stated Maturity Date at the option
of Bestfoods.
Optional Repayment Date(s):
Repayment Prices: ________%
Currency:
Specified Currency:_____________________
(if other than U.S. dollars, see attached)
Authorized Denominations:
(Applicable only if (i) other than U.S. $1,000 or (ii) Specified
Currency is other than U.S. dollars)
Option to Receive Payments in Specified Currency: / / Yes /X/ No
(Applicable only if Specified Currency is other than U.S. dollars)
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Discount Note: / / Yes /X/ No
Total Amount of OID: $ Yield to Maturity: %
Initial Accrual Period:
Indexed Note: / / Yes (see Other Provisions below) /X/ No
Amortizing Note: / / Yes (see Other Provisions below) /X/ No
Form: /X/ Book-Entry / / Certificated
Agent: /X/ Salomon Brothers Inc
/X/ Merrill Lynch & Co.
/ / Other _________________
Agent acting in the capacity as indicated below:
/ / Agent /X/ Principal
If as principal:
/ / The Notes are being offered at varying prices related to
prevailing market prices at the time of resale.
/X/ The Notes are being offered at a fixed initial public
offering price of 98.939% of principal amount.
If as Agent:
The Notes are being offered at a fixed initial public offering
price of % of principal amount.
Exchange Rate Agent: N/A
Calculation Agent: N/A
Other Provisions:
[None]
