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

 DALLAS, Aug. 30 /PRNewswire/ -- Associates Corporation of North America today announced that it agreed to sell $300 million of 5-1/4 percent senior notes due Sept. 1, 1998, priced to the public at 100.000 percent, led by The First Boston Corporation and co-managed by Donaldson, Lufkin & Jenrette Securities Corporation.
 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 (NYSE: F).
 -0- 8/30/93
 /CONTACT: D. Dale Knight of Associates Corporation of North America, 214-541-7569/
 (F)


CO: Associates Corporation of North America ST: Texas IN: SU:

SM -- NY081 -- 7212 08/30/93 16:34 EDT
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Publication:PR Newswire
Date:Aug 30, 1993
Words:144
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