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FILE NO. 333-13649
RULE 424(B)(3)
PROSPECTUS SUPPLEMENT
(TO PROSPECTUS DATED JANUARY 6, 1997)
(TO PROSPECTUS SUPPLEMENT DATED JANUARY 6, 1997)
PROSPECTUS NUMBER: 1447
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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PRINCIPAL AMOUNT: $25,000,000.00
TRADE DATE: January 21, 1997
ORIGINAL ISSUE DATE: January 29, 1997
MATURITY DATE: February 15, 2012
INTEREST RATE: 7.35%
INTEREST PAYMENT DATES: 15th day of each month, commencing February 15, 1997 through the Maturity Date,
subject to the following business day convention.
OPTIONAL REPAYMENT DATES: See "Other Provisions" below
INITIAL REDEMPTION DATE: February 15, 2001
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 February 15, 1997. This Note is subject to
redemption at the option of the Company, in whole, on the Interest Payment Date
occurring in August or February commencing on or after the Interest Payment Date in
February 2001, (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: January 21, 1997
