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Pricing Supplement dated August 18, 1994 Rule 424(b)(2)
(To Prospectus dated April 7, 1994 and File No. 33-50983
Prospectus Supplement dated April 7, 1994)
W. R. GRACE & CO.-CONN.
Medium-Term Notes, Series A (Fixed Rate)
Unconditionally guaranteed by W. R. Grace & Co.
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Trade Date: August 18, 1994 Original Issue Date: August 25, 1994
Principal Amount: $10,000,000 Maturity Date: August 25, 1997
Specified Currency: U.S. dollars Net Proceeds to Issuer: $9,965,000
Issue Price: $10,000,000 Place of Payment: New York
Selling Agent's Commission: 35 basis points
Interest Rate: 7.22%
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Form: X Global Note Certificated Note
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Redemption at the option of the Company prior to maturity: Yes X No
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Repayment at the option of the Holder prior to maturity: Yes X No
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Discount Note: Yes X No
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Optional Interest Rate Reset: Yes X No
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Capacity: Agent X Principal
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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 100% of Principal
Amount. The Notes are being reoffered to
dealers with a reallowance not to exceed 58%
of the commission or fee.
X Salomon Brothers Inc
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J.P. Morgan Securities Inc.
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UBS Securities Inc.
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