FILE NO. 333-68747 RULE 424(B)(3) PROSPECTUS SUPPLEMENT (TO PROSPECTUS AND PROSPECTUS SUPPLEMENT DATED MAY 6, 1999) PROSPECTUS NUMBER: 1870 MERRILL LYNCH & CO., INC. MEDIUM-TERM NOTES, SERIES B DUE NINE MONTHS OR MORE FROM DATE OF ISSUE CALLABLE FIXED RATE NOTES
PRINCIPAL AMOUNT: $25,000,000 CUSIP NUMBER: 59018S 2Y9 INTEREST RATE: 6.75000% ORIGINAL ISSUE DATE: June 22, 1999 STATED MATURITY DATE: June 22, 2009 INTEREST PAYMENT DATES: 22nd day of each month commencing July 22, 1999, through and including the Stated Maturity Date, subject to the following business day convention. REPAYMENT AT THE OPTION OF THE HOLDER: The Notes cannot be repaid prior to the Stated Maturity Date. REDEMPTION AT THE OPTION OF THE COMPANY: The Notes may be redeemed prior to the Stated Maturity Date, See "Other Provisions" INITIAL REDEMPTION DATE: June 22, 2004 OTHER PROVISIONS: The Notes are subject to redemption at the option ML&Co., in whole, semi- annually on each June 22 and December 22 commencing June 22, 2004, at a redemption price equal to 100% of the principal amount of the Notes upon at least 30 days prior notice. FORM: The Notes are being issued in fully registered book-entry form. TRUSTEE: The Chase Manhattan Bank DATED: June 8, 1999