PROSPECTUS SUPPLEMENT
- --------------------- File No. 333-52822
(To the Prospectus Supplement and Prospectus dated January 24, 2001) Rule 424(b)(3)
Prospectus Supplement Number: 2203
Merrill Lynch & Co., Inc.
Medium-Term Notes, Series B
Due Nine Months or More from Date of Issue
Floating Rate Notes
Principal Amount: $100,000,000 Original Issue Date: February 27, 2002
CUSIP Number: 59018Y LW 9 Stated Maturity Date: February 27, 2004
Issue Price: 100%
Interest Calculation: Day Count Convention:
- --------------------- ---------------------
/x/ Regular Floating Rate Note /x/ Actual/360
/ / Inverse Floating Rate Note / / 30/360
(Fixed Interest Rate): / / Actual/Actual
Interest Rate Basis:
- --------------------
/x/ LIBOR / / Commercial Paper Rate
/ / CMT Rate / / Eleventh District Cost of Funds Rate
/ / Prime Rate / / CD Rate
/ / Federal Funds Rate / / Other (see attached)
/ / Treasury Rate
Designated CMT Page: Designated LIBOR Page:
CMT Telerate Page: LIBOR Telerate Page:
CMT Reuters Page: LIBOR Reuters Page:
Index Maturity: One Month Minimum Interest Rate: Not Applicable
Spread: plus 0.21% Maximum Interest Rate: Not Applicable
Initial Interest Spread Multiplier: Not Applicable
Rate: Calculated as if
the Original Issue
Date was an
Interest Reset
Date
Interest Reset
Dates: Monthly, on the 27th of every month, commencing March 27,
2002, subject to modified following business day convention.
Interest Payment
Dates: Monthly, on the 27th of every month, commencing March 27,
2002, subject to modified 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 cannot be redeemed prior to the Stated Maturity
Date.
Form: The Notes are being issued in fully registered book-entry
form.
Trustee: JPMorgan Chase Bank
Underwriters: Merrill Lynch, Pierce, Fenner & Smith Incorporated
("MLPF&S"), HSBC Securities (USA) Inc. and First Union
Securities, Inc. (the "Underwriters"), are acting as
principals in this transaction. MLPF&S is acting as the
Lead Underwriter.
Pursuant to an agreement, dated February 22, 2002 (the
"Agreement"), between the Company and the Underwriters,
the Company has agreed to sell to each of the Underwriters
and each of the Underwriters has severally and not jointly
agreed to purchase the principal amount of Notes set forth
opposite its name below:
Underwriters Principal Amount of the Notes
------------ -----------------------------
Merrill Lynch, Pierce, Fenner & Smith $96,000,000
Incorporated
HSBC Securities (USA) Inc. $2,000,000
First Union Securities, Inc. $2,000,000
------------
Total $100,000,000
Pursuant to the Agreement, the obligations of the
Underwriters are subject to certain conditions and the
Underwriters are committed to take and pay for all of the
Notes, if any are taken.
The Underwriters have advised the Company that they
propose initially to offer all or part of the Notes
directly to the public at the Issue Price listed above.
After the initial public offering, the Issue Price may be
changed.
The Company has agreed to indemnify the Underwriters
against certain liabilities, including liabilities under
the Securities Act of 1933, as amended.
Dated: February 22, 2002