-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Gfo7bRsJiwDwuYVzHZYcoH13GQPKNKZAHADpJfleXQMePXj2kwdByqyfr0W6K2nU eW/O4IQOftrnXTTxQUZ6uw== 0000950124-98-007466.txt : 19981217 0000950124-98-007466.hdr.sgml : 19981217 ACCESSION NUMBER: 0000950124-98-007466 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUNDSTRAND CORP /DE/ CENTRAL INDEX KEY: 0000095395 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] IRS NUMBER: 361840610 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-66981 FILM NUMBER: 98770810 BUSINESS ADDRESS: STREET 1: 4949 HARRISON AVE STREET 2: P O BOX 7003 CITY: ROCKFORD STATE: IL ZIP: 61125 BUSINESS PHONE: 8152266000 MAIL ADDRESS: STREET 1: PO BOX 7003 CITY: ROCKFORD STATE: IL ZIP: 61125-7003 424B3 1 PROSPECTUS SUPPLEMENT 1 Pricing Supplement Number 1, dated December 14, 1998 Rule 424(b)(3) (To Prospectus dated December 7, 1998 and File Nos. 333-00801 and 333-66981 Prospectus Supplement dated December 8, 1998) CUSIP: 86732PAD0 SUNDSTRAND CORPORATION MEDIUM-TERM NOTES - FLOATING RATE NOTE
- -------------------------------------------------------------------------------------- PRINCIPAL AMOUNT: $70,000,000.00 INITIAL INTEREST RATE: 5.84938% - -------------------------------------------------------------------------------------- AGENTS DISCOUNT OR COMMISSION: $105,000.00 STATED MATURITY DATE: MARCH 15, 2000 - -------------------------------------------------------------------------------------- NET PROCEEDS TO ISSUER: $69,895,000.00 ORIGINAL ISSUE DATE: DECEMBER 17, 1998 - -------------------------------------------------------------------------------------- CALCULATION AGENT: The First National Bank of Chicago INTEREST CALCULATION: X Regular Floating Rate Note Floating Rate/Fixed Rate Note - ---- ---- Inverse Floating Rate Note Fixed Rate Commencement date: - ---- Fixed Interest Rate: % Fixed Interest Rate: % ---- ---- Other Floating Rate Note (see attached) - ---- INTEREST RATE BASIS: CD Rate Federal Funds Rate Treasury Rate - ---- ---- ---- Commercial Paper Rate X LIBOR 11th District Cost of Funds - ---- ---- ---- CMT Rate Prime Rate Other (see attached) - ---- ---- ---- If LIBOR: Designated LIBOR Page: LIBOR Reuters, Reuters Page: ---- ---- X LIBOR Telerate, Telerate Page: 3750 ---- ---- Designated LIBOR Currency: U.S. dollars IF CMT Rate: Designated CMT Maturity Index: ---- Designated CMT Telerate Page: ---- INITIAL INTEREST RESET DATE: March 15, 1999 SPREAD (+/-): + 0.63% INTEREST RESET DATES: Each March 15, June 15, Sept 15, and Dec 15 SPREAD MULTIPLIER: not applicable INTEREST PAYMENT DATES: Each March 15, June 15, Sept 15, and Dec 15 MAXIMUM INTEREST RATE: not applicable INDEX MATURITY: 3-month MINIMUM INTEREST RATE: not applicable DAY COUNT CONVENTION: X Actual/360 for the period from December 17, 1998 to March 15, 2000 - ---- Actual/Actual for the period from - ---- 30/360 for the period from - ---- REDEMPTION: X The Notes cannot be redeemed prior to the Stated Maturity Date. - ---- The Notes may be redeemed prior to the Stated Maturity Date. - ---- Initial Redemption Date: not applicable Initial Redemption Percentage: % ---- Annual Redemption Percentage Reduction: % until Redemption ---- Percentage is 100% of the Principal Amount OPTIONAL REPAYMENT: X The Notes cannot be repaid prior to the Stated Maturity Date - ---- The Notes can be repaid prior to the Stated Maturity Date at the option of - ---- the holder of the Notes Optional Repayment Dates: not applicable Repayment Price: % CURRENCY: Specified Currency: U.S. dollars (If other than US dollars, see attached) Minimum Denominations: not applicable (Applicable only if Specified Currency is other than US dollars) ORIGINAL ISSUE DISCOUNT: Yes X No --- --- Total amount of OID: not applicable Yield to Maturity: not applicable Initial Accrual Period: not applicable FORM: X Book Entry Certificated --- --- AGENTS: X Merrill Lynch & Co. X First Chicago Capital --- --- Markets, Inc. X NationsBanc Montgomery Securities LLC Other: --- --- AGENTS ARE ACTING IN THE CAPACITY AS INDICATED BELOW: As Agent: The Notes are being offered at a fixed initial offering price - --- of % of Principal Amount ---- X As Principal: - --- X The Notes are being offered at varying prices related to prevailing --- market prices at the time of resale. The Notes are being offered at a fixed initial public offering price of --- % of the principal amount. ---- OTHER PROVISIONS:
The Agents have agreed to purchase, severally and not jointly, the following aggregate principal amount of the Medium-Term Notes set forth opposite their names below:
Principal Amount of -------------------- Name Medium-Term Notes ---- -------------------- Merrill Lynch, Pierce, Fenner & Smith Incorporated....................................... $45,500,000 First Chicago Capital Markets, Inc............................. 12,250,000 NationsBanc Montgomery Securities LLC.......................... 12,250,000 ----------- Total.................................................. $70,000,000 ===========
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