Printer Friendly

ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES SALE OF $300 MILLION 6-3/4 PERCENT SENIOR NOTES

 ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES SALE
 OF $300 MILLION 6-3/4 PERCENT SENIOR NOTES
 DALLAS, Oct. 15 /PRNewswire/ -- Associates Corporation of North America today announced that it agreed to sell $300 million of 6-3/4 percent senior notes due Oct. 15, 1999, priced to the public at 99.847 percent to yield 6.777 percent, through Goldman, Sachs & Co. and PaineWebber 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 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.
 -0- 10/15/92
 /CONTACT: Fred Stern of Associates Corporation of North America, 214-541-4042/ CO: Associates Corporation of North America ST: Texas IN: FIN SU: OFR


SM -- NY073 -- 0482 10/15/92 13:48 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 15, 1992
Words:166
Previous Article:AMERICAN PACIFIC SIGNS FIRST AGREEMENT FOR PLANNED COMMERCIALIZATION OF HALOTRON IN EUROPE
Next Article:SCI HOLDINGS, INC. COMMENCES TENDER OFFER
Topics:


Related Articles
ASSOCIATES CORPORATION OF NORTH AMERICA TO SELL $300 MILLION OF 6-5/8 PERCENT SENIOR NOTES
ASSOCIATES CORPORATION OF NORTH AMERICA $300 MILLION 7-1/2 PERCENT SENIOR NOTES
ASSOCIATES CORPORATION OF NORTH AMERICA $300 MILLION 5-7/8 PERCENT SENIOR NOTES
ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES THE SALE OF $300 MILLION 6.00 PERCENT SENIOR NOTES
ASSOCIATES CORPORATION OF NORTH AMERICA $300 MILLION 4.50 PERCENT SENIOR NOTES
ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES AGREEMENT TO SELL $300 MILLION 6 PERCENT SENIOR NOTES
ASSOCIATES CORPORATION OF NORTH AMERICA TO SELL $300 MILLION 5-3/4 PERCENT SENIOR NOTES
ASSOCIATES CORPORATION OF NORTH AMERICA $300 MILLION 6-5/8 PERCENT SENIOR NOTES
ASSOCIATES CORPORATION OF NORTH AMERICA SELLS $300 MILLION 6-3/8 PERCENT SENIOR NOTES
ASSOCIATES CORPORATION OF NORTH AMERICA $300 MILLION 6-5/8 PERCENT SENIOR NOTES

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters