Pricing Supplement No.5, dated January 15, 1999
(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: January 12, 1999 -Original Issue Date: January 26, 1999
- -Principal Amount: $24,000,000 -Net Proceeds to Issuer: $24,000,000
- -Paying Agent: The First National -Authorized Denominations: $1,000
Bank of Chicago
- -Issue Price: 100% -Regular Record Dates: Fifteenth day
- -Interest Rate: 6.00 preceding each Interest Payment Date
- -Interest Payment Dates: Monthly - Overdue Rate: N/A
on the 26th of each month - commencing - CUSIP: 57859HBN3
February 26, 1999(or, if any such date
is not a Business Day, on the first
Business Day following such date)
- -Stated Maturity: January 26, 2009
- -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:
The Notes cannot be repaid prior to maturity
X The Notes can be repaid prior to maturity at the option of
the holder
-Optional Repayment Price(s): 100%
-Optional Repayment Date(s): January 26, 2001 and the 26th day of each
month thereafter up to but excluding the Stated Maturity (or, if any such
date is not a Business Day, on the first Business Day following such date)
- -Original Issue Discount Note:____ Yes
X No
Total Amount of OID:
Original Yield to Maturity:
Initial Accrual Period OID:
Issue Price:
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- -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: ____
C:\ELINK\FILING\424B.199 January 14, 1999 (3:44pm) <PAGE>
