MERRILL LYNCH & CO INC
424B3, 1996-12-09
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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                                                               FILE NO. 33-65135
                                                                  RULE 424(B)(3)
 
                             PROSPECTUS SUPPLEMENT
                      (TO PROSPECTUS DATED APRIL 4, 1996)
                (TO PROSPECTUS SUPPLEMENT DATED APRIL 10, 1996)
                                     PROSPECTUS NUMBER: 1426
 
 
                           MERRILL LYNCH & CO., INC.
                          MEDIUM-TERM NOTES, SERIES B
                   DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
 
                                FIXED RATE NOTES
 
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<S>                       <C>
 
PRINCIPAL AMOUNT:         $25,000,000.00
 
 
TRADE DATE:               December 3, 1996
 
 
ORIGINAL ISSUE DATE:      December 16, 1996
 
 
MATURITY DATE:            December 15, 2016
 
 
INTEREST RATE:            7.15%
 
 
INTEREST PAYMENT DATES:   15th day of each month, commencing January 15, 1997 through the Maturity Date,
                          subject to the following business day convention.
 
 
OPTIONAL REPAYMENT DATES: See "Other Provisions" below
 
 
INITIAL REDEMPTION DATE:  December 15, 2000
 
 
OTHER PROVISIONS:         Notwithstanding anything to the contrary contained herein, interest on the Notes
                          shall be payable monthly on the 15th day of each month and at Maturity (the
                          "Interest Payment Dates"), commencing on January 15, 1997. This Note is subject to
                          redemption at the option of the Company, in whole, on any Interest Payment Date
                          occurring in June or December commencing on or after the Interest Payment Date in
                          December 2000, (the "Redemption Date") at the Redemption Price together with
                          interest thereon payable to the Redemption Date, on notice given, not more than 60
                          nor less than 30 days prior to the Redemption Date. The Redemption Price with
                          respect to this Note shall be 100% of the principal amount of the Notes.
 
 
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     Notwithstanding the provisions contained in the Prospectus Supplement dated
March 29, 1994 attached hereto, interest rates offered by the Company with
respect to the Notes may differ, among other reasons, depending upon the
aggregate principal amount of Notes purchased in any single transaction. Merrill
Lynch & Co., Inc. (the "Company") expects generally to distinguish, with respect
to these offered rates, between purchases which are for less than, and purchases
which are equal to or greater than, $1,000,000. These different rates may be
offered concurrently at any time. The Company may also concurrently offer Notes
having different variable terms (as are described herein or in any Prospectus
Supplement) to different investors, and these different offers may depend upon
whether an offered purchase is for an aggregate principal amount of Notes equal
to or greater than, or for an amount less than $1,000,000.
 
 
 
 
 
 
 
            The date of this Prospectus Supplement: December 3, 1996


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