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ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES $300 MILLION 4-5/8 PERCENT SENIOR NOTES

 DALLAS, Jan. 10 /PRNewswire/ -- Associates Corporation of North America today announced that it agreed to sell $300 million of 4-5/8 percent Senior Notes due Nov. 30, 1996, priced to the public at 99.954 percent to yield 4.644 percent through Morgan Stanley & 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- 1/10/94
 /CONTACT: D. Dale Knight, Associates Corporation of North America, 214-541-7569/
 (F)


CO: Associates Corporation of North America; Ford Motor Company ST: Texas, Michigan IN: FIN AUT SU: OFR

LG -- NY085 -- 0659 01/10/94 15:22 EST
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Publication:PR Newswire
Date:Jan 10, 1994
Words:144
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