-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, bXB1lM7jw4XZgGdqg3OYkZqnpbGq+WuQeDmAIhKDPPj3ri8DUidfCvWPbOPmu6UU K6QxfG15WYALFhXvY7E3yQ== 0000040704-94-000040.txt : 19941026 0000040704-94-000040.hdr.sgml : 19941026 ACCESSION NUMBER: 0000040704-94-000040 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19941025 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MILLS INC CENTRAL INDEX KEY: 0000040704 STANDARD INDUSTRIAL CLASSIFICATION: 2040 IRS NUMBER: 410274440 STATE OF INCORPORATION: DE FISCAL YEAR END: 0525 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 033-56032 FILM NUMBER: 94554904 BUSINESS ADDRESS: STREET 1: NUMBER ONE GENERAL MILLS BLVD CITY: MINNEAPOLIS STATE: MN ZIP: 55426 BUSINESS PHONE: 6125402311 MAIL ADDRESS: STREET 1: P O BOX 1113 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 424B3 1 PRICING SUPPLEMENT NO. 23 Pricing Supplement No. 23 Filing under Rule 424(b)(3) with respect to Dated October 25, 1994 Registration Statement No. 33-56032 (To Prospectus dated January 7, 1993 and Prospectus Supplement dated January 8, 1993) $500,000,000 GENERAL MILLS, INC. MEDIUM-TERM NOTES, SERIES D CALLABLE STEP-UP NOTES DUE OCTOBER 31, 2006 Principal amount: $25,000,000 Interest Rate (if fixed rate): See "Interest" in this Pricing Supplement Stated Maturity: October 31, 2006 Specified Currency: U.S. Dollars Interest Payment Dates: April 30 and October 31 Applicable Exchange Rate (if any): N/A Issue price (as a percentage of principal amount): A/S Selling Agent's Commission (%): .625% Agent's Fee: $156,250 Purchasing Agent's discount or commission (%): N/A Net proceeds to the Company: $24,843,750 Settlement date (original issue date): October 31, 1994 Redemption Commencement Date (if any): Redeemable by the Company at its option, in whole or in part, on October 31, 1996 and on every semi-annual Interest Payment Date thereafter with at least 30 days prior notice and as described under "Description of Notes - General" in the Prospectus Supplement dated January 8, 1993. Redemption prices (if any): 100% Additional Items: N/A "N/A" as used herein means "Not Applicable." "A/S" as used herein means "as stated in the Prospectus Supplement referred to above." If such Notes are denominated in other than U.S. Dollars, the applicable Foreign Currency Supplement is attached hereto. Description of the Notes General The following description of the particular terms of Notes offered by this Pricing Supplement supplements, and to the extent and consistent therewith replaces, the descriptions of the general terms and provisions of the Debt Securities and Notes set forth in the accompanying Prospectus and Prospectus Supplement (together, "Prospectus") to which descriptions reference is hereby made. Capitalized terms not otherwise defined herein which are defined in the Prospectus have the meanings set forth therein. Interest The Notes are Fixed Rate Notes and shall be Book Entry Notes represented by a Global Security. Interest Payment Dates shall be each April 30 and October 31, beginning with April 30, 1995, in each case subject to postponement without adjustment where such date is not a Market Day as described on page S-11 of the Prospectus. The rate of interest per annum shall be according to the following schedule: For the first two years: 8.00 For the third year: 8.05 For the fourth year: 8.10 For the fifth year: 8.15 For the sixth year: 8.20 For the seventh year: 8.25 For the eighth year: 8.30 For the nineth year: 8.50 For the tenth year: 8.75 For the eleventh year: 9.50 For the twelfth year: 10.75 Distribution In the Distribution Agreement, the Underwriter has agreed, subject to the terms and conditions set forth therein, to purchase all the Notes offered hereby if any Notes are purchased. The Company has been advised by the Underwriter that the Notes initially will be offered to the public at the public offering price set forth on the cover page of this Pricing Supplement. The Underwriters may allow a discount not in excess of .575% of the principal amount of the Notes sold to one or more dealers. After the initial public offering, the price may be changed. Dealers may receive additional compensation from sources other than the Company in connection with the sales of the Debt Securities, which compensation may be considered underwriting compensation. As of the date of this Pricing Supplement, the aggregate initial public offering price (or its equivalent in other currencies) of the Debt Securities (as defined in the Prospectus) which have been sold (including the Notes to which this Pricing Supplement relates) is $402,900,000. BT SECURITIES CORPORATION NORTH CAROLINA The Commissioner of Insurance of the State of North Carolina has not approved or disapproved this offering nor has the Commissioner passed upon the accuracy or adequacy of this Prospectus. -----END PRIVACY-ENHANCED MESSAGE-----