424B3 1 0001.htm PRICING SUPPLEMENT NO. 4 PRICING SUPPLEMENT NO. 4
  Filing under Rule 424(b)(3)
Registration File No. 333-77569

 
Pricing Supplement No. 4
Dated January 30, 2001
(to Prospectus dated August 3,
2000 and Prospectus Supplement
dated September 7, 2000)

Merck & Co., Inc.
Medium-Term Notes, Series D
Floating Rate Notes

Principal Amount   $26,000,000
     
Trade Date:   January 30, 2001
     
Settlement Date
(Original Issue Date):
   
February 6, 2001
     
Stated Maturity:   February 6, 2041
     
Interest Rate Basis:   3-month LIBOR
     
Spread:   Minus 45 basis points
     
Initial Interest Rate:   3-month LIBOR, determined as if the original issue date were an interest reset date, minus the spread
     
Interest Reset Dates:   The 6th day of February, May, August and November of each year
     
Interest Payment Dates:   The 6th day of February, May, August and November of each year, commencing May 6, 2001
     
Issue Price:   100.00% of the principal amount
     
Underwriter's Discount:   1.00% of the principal amount
     
Net Proceeds to Merck:   99.00% of the principal amount
     
Calculation Agent:   U.S. Bank Trust National Association
     
CUSIP:   58933N AQ 2

 


 

Optional
Repayment Dates:
   
The notes will be repaid at the option of the holder on the optional repayment dates (subject to prior notice) and at the repayment prices as shown below:
     
  Optional Repayment Dates   Repayment Price
       
  February 6, 2011   99.00%
       
  February 6, 2014   99.25%
       
  February 6, 2017   99.50%
       
  February 6, 2020   99.75%
       
  February 6, 2023 and
February 6 of each
third year thereafter
until maturity
  100.00%
       
Underwriter:   Morgan Stanley & Co. Incorporated

MORGAN STANLEY DEAN WITTER