Pricing Supplement No. 2, dated October 27, 1998
(To Prospectus dated August 20, 1996 and Rule 424(b)(3)
Prospectus Supplement dated August 20, 1996) File No. 33-35219
Maytag Corporation
Medium-Term Notes, Series B, Fixed Rate
- -Trade Date: October 26, 1998 -Original Issue Date: October 29, 1998
- -Principal Amount: $16,000,000 -Net Proceeds to Issuer: $15,968,000
- -Paying Agent: The First National Bank -Authorized Denominations: $1,000
of Chicago
- -Issue Price: 100% -Regular Record Dates: February 1,
August 1
- -Selling Agent's Commission: $32,000 -Overdue Rate: N/A
- -Interest Rate: 5.30% -CUSIP: 57859HBK9
- -Interest Payment Dates: February 15, August 15
- -Stated Maturity: September 29, 2000
- -Form: X Book-Entry -Depositary: The Depository Trust Company
____ Certificated -Sinking Fund: No
-Amortizing Note: No
- -Optional Redemption: X The Notes cannot be redeemed prior to maturity
____ The Notes may be redeemed prior to maturity
-Initial Redemption Date:
-Initial Redemption Percentage:
-Annual Redemption Percentage Reduction:
- -Option to Elect Repayment:
X The Notes cannot be repaid prior to maturity
____ The Notes can be repaid prior to maturity at the option of the holder
-Optional Repayment Price(s):
-Optional Repayment Date(s):
- -Original Issue Discount Note: ____ Yes
X No
Total Amount of OID:
Original Yield to Maturity:
Initial Accrual Period OID:
Issue Price:
- -Name of Agent: Salomon Smith Barney Inc.
- -Capacity: ____Agent X Principal
- -If as principal: X The Notes are being offered at varying prices related
to prevailing market prices at the time of resale.
____ The Notes are being offered at a fixed Initial public offering price ____%
of Principal Amount. The Notes are being reoffered to dealers with a
reallowance not to exceed ___% of the Commission or Fee.
Other Provisions: Annex Attached: ____
