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ASSOCIATES CORPORATION OF NORTH AMERICA $300 MILLION 7-1/2 PERCENT SENIOR NOTES

 ASSOCIATES CORPORATION OF NORTH AMERICA $300 MILLION
 7-1/2 PERCENT SENIOR NOTES
 DALLAS, May 13 /PRNewswire/ -- Associates Corporation of North America (today announced that it agreed to sell $300 million of 7-1/2 percent senior notes due May 15, 1999, priced to the public at 99.554 percent to yield 7.584 percent, through Salomon Brothers Inc.
 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 added to the general funds of the company and 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 (NYSE: F).
 -0- 5/13/92
 /CONTACT: Dale Knight of Associates Corporation of North America, 214-541-7569/
 (F) CO: Associates Corporation of North America ST: Michigan IN: FIN SU: OFR


SH -- NY089 -- 9821 05/13/92 15:13 EDT
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Publication:PR Newswire
Date:May 13, 1992
Words:163
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/C O R R E C T I O N -- ASSOCIATES CORPORATION OF NORTH AMERICA/(Correction Notice)

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