Pricing Supplement No. 4 dated August 12, 2002 Rule 424(B)(3)
(To Prospectus dated November 13, 2001 File No. 333-72340
and Prospectus Supplement dated November 13, 2001)
Colgate-Palmolive Company
Medium-Term Notes - Floating Rate
Series E
We are hereby offering to sell Notes having the terms specified below to
you with the assistance of Goldman, Sachs & Co., acting as principal, at a
fixed initial public offering price of 100% of the principal amount.
Principal Amount: $50,000,000 Trade Date: August 9, 2002
Issue Price: 100% Original Issue Date: August 14, 2002
Initial Interest Rate: 1.82% Net Proceeds to Colgate: $50,000,000
Stated Maturity Date: August 13, 2004 Agent's Discount or Commission: $0
Base Rate:
[ ] Certificate of Deposit Rate
[ ] CMT Rate
[ ] Commercial Paper Rate
[ ] Eleventh District Cost of Funds Rate
[ X ] LIBOR Telerate: Page 3750 [ ] LIBOR Reuters
[ ] Prime Rate
[ ] Treasury Rate
[ ] Other (see attached)
Interest Rate Reset Dates: The 13th day of each month, commencing September 13, 2002.
Interest Rate Reset Period: Monthly
Interest Payment Dates: The 13th day of each month, commencing on September 13, 2002.
Index Maturity: 1 month
Index Currency: US Dollars
Spread (+/-): +0.04%
Spread Multiplier: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Day Count Convention:
[ ] 30/360 for the period from ________ to ________
[ X ] Actual/360 for the period from August 14, 2002 to August 13, 2004.
[ ] Actual/Actual for the period from to
------- ------
Optional Repayment: N/A
Currency:
Specified Currency: US Dollars
Minimum Denomination: $1,000
Original Issue Discount: [ ] [ X ] No
Total amount of OID:
Yield to Maturity:
Initial Accrual Period:
Form: [ X ] Book-entry [ ] Certificated
[ X ] Other provisions:
Optional Redemption: Colgate may at its option elect to redeem the
Notes, in whole or in part, in increments of
$1,000 or any multiple of $1,000, upon not less
than 5 nor more than 15 days' prior written notice
to the holders, on August 13, 2003 and on each
Interest Payment Date thereafter at a redemption
price equal to 100% of the aggregate amount of
Notes to be redeemed, together with any accrued
interest to the redemption date.
Goldman, Sachs & Co. has agreed to reimburse Colgate for certain of
the expenses in connection with the offering of the Notes.
Use of Proceeds:
The net proceeds from the sale of the Notes will be used by Colgate
for general corporate purposes.
Legal Matters:
Sidley Austin Brown & Wood LLP, New York, New York has acted as
counsel for Goldman, Sachs & Co. in the offering of the Notes. Sidley Austin
Brown & Wood LLP from time to time renders legal services to Colgate and its
affiliates.
2