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ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES SALE OF $300 MILLION 6-5/8 PERCENT SENIOR NOTES

 ASSOCIATES CORPORATION OF NORTH AMERICA ANNOUNCES SALE
 OF $300 MILLION 6-5/8 PERCENT SENIOR NOTES
 DALLAS, Nov. 12 /PRNewswire/ -- Associates Corporation of North America today announced that it agreed to sell $300 million of 6-5/8 percent Senior Notes due Nov. 15, 1997, priced to the public at 99.685 percent to yield 6.70 percent, through The First Boston Corporation, PaineWebber Incorporated and 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 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- 11/12/92
 /CONTACT: Dale Knight of Associates Corporation of North America, 214-541-7569/
 (F) CO: Associates Corp. of North America; Ford Motor Co. ST: Texas, Michigan IN: AUT SU: OFR


LR -- NY069 -- 0278 11/12/92 14:44 EST
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Publication:PR Newswire
Date:Nov 12, 1992
Words:177
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