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ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES SALE OF $300 MILLION 6-7/8 PERCENT SENIOR NOTES

ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES SALE OF $300 MILLION
 6-7/8 PERCENT SENIOR NOTES
 DALLAS, Jan. 6 /PRNewswire/ -- Associates Corporation of North America today announced that it agreed to sell $300 million of 6-7/8 percent senior notes due Jan. 15, 1997, priced to the public at 99.625 percent to yield 6.965 percent, through underwriters led by Kidder, Peabody & Co. Incorporated and Salomon Brothers Inc.
 The Notes were registered with the Securities and Exchange Commission under the 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 commerical 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- 1/6/92
 /CONTACT: Dale Knight of Associates Corporation of North America, 214-541-7569/
 (F) CO: Associates Corporation of North America ST: Texas IN: SU: SH -- NY054 -- 6986 01/06/92 14:52 EST
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Publication:PR Newswire
Date:Jan 6, 1992
Words:173
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