Pricing Supplement No. 2, dated February 15, 2000
(To Prospectus dated April 30, 1999 and Rule 424(b)(3)
Prospectus Supplement dated June 3, 1999) File No. 333-75827
Maytag Corporation
Medium-Term Notes, Series D, Fixed Rate
- --------------------------------------------------------------------------
- -Trade Date: February 10, 2000 -Interest Rate: 8%
- -Principal Amount: $25,000,000 -Interest Payment Date(s): Monthly
on the 28th of each month commencing
March 28, 2000 (or, if such date is not
a Business Day, on the first Business
Day following such date), with no
adjustment to period end date for
accrual-Original Issue Date: February
28, 2000 calculation.
- -Specified Currency: -Stated Maturity: February 28, 2010
X U.S. dollars -Net Proceeds to Issuer: $25,000,000
Other -Authorized Denominations: $1,000
- -Paying Agent: Bank One, National
Association -Regular Record Dates: Fifteenth day
preceding each Interest Payment Date
- -Issue Price: 100% -Overdue Rate: N/A
- -Selling Agent's Commission:N/A -CUSIP: 57859HBQ6
- ----------------------------------------------------------------------------
- -Form: X Book-Entry -Depositary: The Depository Trust Company
____ Certificated -Sinking Fund: No
-Amortizing Note: No
- -Optional Redemption:____ The Notes cannot be redeemed prior to maturity
X The Notes may be redeemed prior to maturity
-Redemption Terms: Redeemable in whole at 100% of principal amount
plus accrued and unpaid interest to but excluding the date of redemption on
February 28, 2001 and the 28th day of every month thereafter up to but
excluding the Stated Maturity (or if any such redemption date is not a
Business Day, on the Business Day following such date)
- -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):
- -Interest Rate Reset Option: _____ Yes
X No
-Optional Reset Dates:
- -Stated Maturity Extension Option: _____ Yes
X No
-Extension Period(s) and Final Maturity Date:
-Interest Rate During Extension Period: <PAGE>
- -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.
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