Pricing Supplement No. 9 Filing under Rule 424(b)(3)
Dated September 15, 1998 Registration No. 33-46605
(To Prospectus dated
September 15, 1997 and
Prospectus Supplement
dated September 15, 1997)
$45,000,000
MDU RESOURCES GROUP, INC.
SECURED MEDIUM-TERM NOTES, SERIES A
Principal Amount: $15,000,000
Interest Rate: 5.83% per annum
Maturity Date: October 1, 2008
Issue Price: 100%
Agent's Commission/Discount: .625%
Net Proceeds to the Company: 99.375%
Redemption Provisions: Not redeemable
Sinking Fund Provisions: None
Original Issue Date: September 18, 1998
As of the date of this Pricing Supplement, the
aggregate principal amount of the Notes (as defined in the
Prospectus) that have been sold (including the Notes to which
this Pricing Supplement relates) is $150,000,000.
UNDERWRITING
Subject to the terms and conditions set forth in a
Terms Agreement, dated September 15, 1998, between Salomon
Smith Barney Inc. (the "Purchaser") and MDU Resources Group,
Inc. (the "Company"), the Purchaser has agreed to purchase from
the Company, and the Company has agreed to sell to the Purchaser,
as principal, $15,000,000 principal amount of the Notes. (See
"Supplemental Plan of Distribution" in the Prospectus
Supplement".)
USE OF PROCEEDS
The net proceeds from the sale of the Notes to which
this Pricing Supplement relates will be used for refunding
outstanding commercial paper obligations which bear interest at
a weighted average cost of 5.62%.
