RULE 424(b)(2)
REGISTRATION NO. 33-62757
PRICING SUPPLEMENT NO. 2
TO PROSPECTUS DATED NOVEMBER 15, 1995
(As supplemented November 21, 1995)
COCA-COLA ENTERPRISES INC.
MEDIUM-TERM NOTES
(Fixed Rate Note)
(Due from 9 months to 30 years from date of issue)
Designation: Step-Up Coupon Original Issue Date:
Notes Due December 15, 2010 December 15, 1995
Principal Amount: $25,000,000 Maturity Date:
December 15, 2010
Issue Price (as a percentage of
Principal Amount): 100%
Interest Rate: 6.500% from December 15, Interest Payment Dates:
1995 to December 14, 1996 inclusive; Each June 15 and December
6.600% from December 15, 1996 to December 15, commencing June 15,
14, 1997 inclusive; 6.700% from December 1996, and ending on the
15, 1997 to December 14, 1998 inclusive; Maturity Date.
6.800% from December 15, 1998 to December
14, 1999 inclusive; 6.900% from December Denominations: $1,000
15, 1999 to December 14, 2000 inclusive;
7.000% from December 15, 2000 to December Redemption Provisions:
14, 2001 inclusive; 7.100% from December The Notes are redeemable
15, 2001 to December 14, 2002 inclusive; at the option of the
7.200% from December 15, 2002 to December Company on any Interest
14, 2003 inclusive; 7.300% from December Payment Date, from and
15, 2003 to December 14, 2004 inclusive; including December 15,
7.400% from December 15, 2004 to December 1996 with thirty calendar
14, 2005 inclusive; 7.500% from December days notice.
15, 2005 to December 14, 2006 inclusive;
7.625% from December 15, 2006 to December Form: [X] Book-Entry
14, 2007 inclusive; 7.750% from December [ ] Certificated
15, 2007 to December 14, 2008 inclusive;
8.000% from December 15, 2008 to December
14, 2009 inclusive; 8.250% from December
15, 2009 to the Maturity Date.
Commission or Discount (as a percentage of
Principal Amount): 0.00%
This Pricing Supplement supplements and, to the extent
inconsistent therewith, amends the description of the Notes referred to
above in the accompanying Prospectus Supplement and Prospectus.
INTEREST
Interest on the Notes will be calculated based on a year of 360
days consisting of twelve months of 30 days each.
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If any payment of principal or interest is due on a day that is
not a Business Day, that payment may be made on the next succeeding
Business Day. No additional interest will accrue as a result of the delay
in payment. For purposes of the offering made hereby, "Business Day" as
used herein and in the accompanying Prospectus Supplement means any day
that is not a Saturday, Sunday or a day on which commercial banks in The
City of New York are required or authorized to be closed. Capitalized
terms used but not defined herein have the meanings assigned in the
accompanying Prospectus Supplement and Prospectus.
REDEMPTION
The Notes are redeemable by the Company on any Interest Payment
Date from and including December 15, 1996, on at least thirty days prior
notice at a redemption price of 100% of the principal amount thereof plus
accrued interest thereon to the date of redemption.
PLAN OF DISTRIBUTION
Salomon Brothers Inc ("Salomon") has purchased the Notes as
principal. Salomon may resell the Notes to one or more investors or to one
or more broker-dealers (acting as principal for the purpose of resale) at
varying prices related to prevailing market prices at the time of resale,
as determined by Salomon, or, if so agreed, at a fixed public offering
price. After the initial public offering of the Notes, the public offering
price may be changed.
Dated: December 5, 1995
