Pricing Supplement No. 4 dated November 30, 1998 Rule 424(b)(3)
(To Prospectus dated August 20, 1996 and
Prospectus Supplement dated August 20, 1996)
Maytag Corporation
Medium-Term Notes, Series B, Floating Rate Notes
- -Trade Date: November 25, 1998 -Original Issue Date: December 3, 1998
- -Principal Amount: $15,000,000 -Net Proceeds to Issuer: $14,977,500
- -Paying Agent: The First National -Authorized Denominations: $1,000
Bank of Chicago
- -Issue Price: See below -Overdue Rate: N/A
- -Selling Agent's Discount: $22,500 -CUSIP: 57859HBM5
- -Interest Payment Dates: Each March 3, June 3, September 3,
December 3 - commencing March 3, 1999
- -Stated Maturity: December 3, 1999
- -Form: X Book-Entry -Depositary: The Depository Trust
Company
____ Certificated -Sinking Fund: ____
-Amortizing Note: ____
- -Interest:
-Rate Basis:____Commercial Paper Rate ____CD Rate ____CMT Rate
____Federal Funds Rate ____11th District Cost of Funds
Rate
____Kenny Rate X LIBOR (Telerate Page 3750)
____Prime Rate
____Treasury Rate ____Other (see attached)
-Initial Interest Rate: Determined -Interest Determination Dates:
as described herein Second London Business Day
prior to each Interest Reset Date
-Reset Period: Quarterly -Index Maturity: Three Months
-Interest Reset Dates: Each March 3,
June 3, September 3, December 3 - -Minimum Interest Rate: N/A
commencing December 3, 1998 -Maximum Interest Rate: N/A
-Calculation Agent: The First
National Bank of Chicago
-Spread: plus 0.25%
-Spread Multiplier: N/A
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:
<PAGE>
Issue Price:
Name of Agent: Donaldson, Lufkin & Jenrette Securities Corporation
Capacity: _____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 100% of Principal Amount.
Other Provisions: Annex Attached: ____ <PAGE>
