View:
Pricing Supplement No. 4 dated March 21, 2001 Rule 424(b)(3)
(To Prospectus dated June 23, 2000 File No. 333-33644
and Prospectus Supplement dated June 23, 2000)
Colgate-Palmolive Company
Medium-Term Notes - Fixed Rate Notes
Series D
We are hereby offering to sell Notes having the terms specified below to
you with the assistance of the agents named below, each acting as principal.
The Notes are being offered by the agents at a fixed initial public offering
price of 100% of the principal amount.
Principal Amount: $220,000,000 Original Issue Date: March 26, 2001
Interest Rate: 5.34% per annum Net Proceeds to Colgate-Palmolive:
$218,900,000
Stated Maturity Date: March 27, 2006 Agents' Discount: $1,100,000
Interest Payment Dates: Colgate-Palmolive will pay interest on the Notes in
U.S. dollars on the twenty-seventh day of March and
September of each year, commencing September 27,
2001, up to March 27, 2006.
Redemption: The Notes cannot be redeemed by Colgate-Palmolive
prior to the stated maturity date.
Optional Repayment: The Notes cannot be repaid at the option of the
holder thereof prior to the stated maturity date.
Specified Currency: U.S. dollars
Form: The Notes are being issued in fully registered
book-entry form.
Other provisions:
Use of Proceeds:
- ----------------
The net proceeds from the sale of the Notes will be used by
Colgate-Palmolive to retire commercial paper which was issued by
Colgate-Palmolive for general corporate purposes and working capital.
As of March 20, 2001, Colgate-Palmolive's outstanding commercial
paper had a weighted average interest rate of 5.5363% with maturities
ranging from 1 day to 175 days.
Agents: x Deutsche Banc Alex. Brown x JPMorgan
--- ---
x Goldman, Sachs & Co. x Salomon Smith Barney
--- ---
x Merrill Lynch & Co. x The Williams Capital
--- --- Group, L.P.
Each of the agents has severally agreed to purchase from
Colgate-Palmolive, and Colgate-Palmolive has agreed to sell to the agents, the
principal amount of Notes set forth opposite the agent's name below:
Name of Agent Principal Amount of Notes
Chase Securities Inc................................... $40,000,000
Deutsche Banc Alex. Brown Inc.......................... 40,000,000
Goldman, Sachs & Co.................................... 40,000,000
Merrill Lynch, Pierce, Fenner & Smith
Incorporated............................... 40,000,000
Salomon Smith Barney Inc............................... 40,000,000
The Williams Capital Group, L.P........................ 20,000,000
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$220,000,000
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