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Pricing Supplement No. 3, dated February 29, 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 29, 2000
- -Principal Amount: $150,000,000
- -Original Issue Date: March 3, 2000
- -Specified Currency:
[x] U.S. dollars
[_] Other _________
- -Paying Agent: Bank One, National Association
- -Issue Price: See below
- -Selling Agent's Commission: N/A
- -Interest Rate: 7.61%
- -Interest Payment Date(s): Semi-annually on the 3rd of each March and
September--commencing September 3, 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 calculation.
- -Stated Maturity: March 3, 2003
- -Net Proceeds to Issuer: $149,475,000
- -Authorized Denominations: $1,000
- -Regular Record Dates: Fifteenth day preceding each Interest Payment Date
- -Overdue Rate: N/A
- -CUSIP: 57859HBR4
- --------------------------------------------------------------------------------
- -Form X Book-Entry
___ Certificated
- -Depositary: The Depository Trust Company
- -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
-Redemption Terms:
- -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:
- -Original Issue Discount Note: ___ Yes
X No
___
Total Amount of OID:
Original Yield to Maturity:
Initial Accrual Period OID:
Issue Price:
- -Name of Agent: Merrill Lynch & Co.
- -Capacity: Agent X Principal
___ ___
- -If as principal: X The Notes are being offered at varying prices related to
___
prevailing market prices as 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.
