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ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES AGREEMENT TO SELL $300 MILLION 5-1/4 PERCENT SENIOR NOTES

 DALLAS, Sept. 13 /PRNewswire/ -- Associates Corporation of North America today announced that it agreed to sell $300 million of 5-1/4 percent senior notes due March 30, 2000, priced to the public at 99.40 percent to yield 5.36 percent through Salomon Brothers Inc and Kidder, Peabody & Co. Incorporated.
 The notes were registered with the Securities and Exchange Commission under SEC's Rule 415.
 Net proceeds from the sale of the securities will be applied initially to the reduction of commercial paper borrowings.
 Associates Corporation of North America is a consumer and commercial finance company and is part of the Financial Services Group of Ford Motor Company.
 -0- 9/13/93
 /CONTACT: D. Dale Knight of Associates Corporation, 214-541-7569/


CO: Associates Corporation ST: Texas, Michigan IN: FIN AUT SU: OFR

TS -- NY089 -- 1416 09/13/93 15:34 EDT
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Publication:PR Newswire
Date:Sep 13, 1993
Words:139
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