Sears Roebuck Acceptance 8-K Other events

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 18, 2002 SEARS ROEBUCK ACCEPTANCE CORP. (Exact name of registrant as specified in charter)
Delaware (State or Other Jurisdiction of Incorporation)
1-4040 (Commission File Number)		51-0080535 (IRS Employer Identification No.)
3711 Kennett Pike, Greenville, Delaware (Address of principal executive offices)	19807 (Zip Code)

Registrant's telephone number, including area code
(302) 434-3112

(Former Name or Former Address, if Changed Since Last Report): Not Applicable

Item 5. Other Events.

On March 18, 2002, Registrant executed (i) an Underwriting Agreement with Sears, Roebuck and Co., Banc One Capital Markets, Inc., Credit Suisse First Boston Corporation and Goldman, Sachs & Co. as Representatives of the several Underwriters, relating to debt securities and (ii) a Pricing Agreement with Sears, Roebuck and Co., Banc One Capital Markets, Inc., Credit Suisse First Boston Corporation and Goldman, Sachs & Co. as Representatives of the several Underwriters named in Schedule I thereto, relating to $600,000,000 aggregate principal amount of Registrants 6.70% Notes due April 15, 2012. A copy of the Underwriting Agreement is attached as Exhibit 1(a) and a copy of the Pricing Agreement is attached as Exhibit 1(b).

In connection with the issuance of the Notes: (i) Anastasia D. Kelly, Senior Vice President, General Counsel of Sears, Roebuck and Co. has delivered an opinion to Registrant, dated March 25, 2002, regarding the validity of the Notes, upon issuance and sale thereof on March 25, 2002; and (ii) Mayer, Brown, Rowe & Maw, special counsel to Registrant and Sears, has delivered an opinion to Registrant and Sears, dated March 25, 2002, as to certain federal tax matters concerning the Notes. A copy of the opinion as to legality is attached as Exhibit 5, and a copy of the opinion as to certain tax matters is attached as Exhibit 8.

Item 7. Financial Statements and Exhibits

The Exhibit Index is incorporated herein by reference.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto authorized.

	SEARS ROEBUCK ACCEPTANCE CORP. By: /s/ Keith E. Trost
	Keith E. Trost President
Date: March 29, 2002

Exhibits

1(a)	Underwriting Agreement, dated March 18, 2002, among Registrant, Sears, Roebuck and Co., Banc One Capital Markets, Inc., Credit Suisse First Boston Corporation and Goldman, Sachs & Co. as Representatives of the several Underwriters.
1(b)	Pricing Agreement, dated March 18, 2002, among Registrant, Sears, Roebuck and Co., Banc One Capital Markets, Inc., Credit Suisse First Boston Corporation and Goldman, Sachs & Co. as Representatives of the several Underwriters named in Schedule I thereto.
4	Form of 6.70% Note.
5	Opinion of Anastasia D. Kelly dated March 25, 2002, relating to the validity of $600,000,000 aggregate principal amount of 6.70% Notes due April 15, 2012.
8	Opinion of Mayer, Brown, Rowe & Maw as to certain federal tax matters concerning the Registrants 6.70% Notes due April 15, 2012.