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) July 31, 2000
FORD MOTOR CREDIT COMPANY
(Exact name of registrant as specified in its charter)
Delaware 1-6368 38-1612444
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(State or other juris- (Commission File Number (IRS Employer
diction of incorporation Number) Identification No.)
One American Road, Dearborn, Michigan 48126
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 313-322-3000
ITEM 5. Other Events.
Ford Motor Credit Company, a Delaware corporation (the "Company"), has
registered $30,000,000,000 principal amount of its Debt Securities ("Debt
Securities") pursuant to Registration Statement No. 333-91953. The Debt
Securities were registered on Form S-3 to be offered on a delayed or continuous
basis pursuant to Rule 415 under the Securities Act of 1933. The Debt Securities
are to be issued under an Indenture dated as of February 1, 1985, as
supplemented, between the Company and The Chase Manhattan Bank, as Trustee.
The Company has created two series of Debt Securities under such
Indenture, as supplemented, one in the aggregate principal amount of
$4,000,000,000 designated as 7.60% GlobLS due August 1, 2005 and one in the
aggregate principal amount of $2,000,000,000 designated as Floating Rate
GlobLS due August 1, 2002 (collectively, the "Notes"). The opinion and consent
of Shearman & Sterling consenting to the use of their name in the Prospectus
relating to the Notes are being filed as exhibits to this Report.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
EXHIBITS
DESIGNATION DESCRIPTION METHOD OF FILING
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Exhibit 8 Opinion of Shearman & Sterling. Filed with this Report.
Exhibit 23 Consent of Shearman & Sterling Filed with this Report.
is contained in their opinion set
forth in Exhibit 8.
SIGNATURE
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 duly authorized on the date indicated.
FORD MOTOR CREDIT COMPANY
(Registrant)
Date: July 31, 2000 By:/s/E. E. Smith-Sulfaro
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E. E. Smith-Sulfaro
Assistant Secretary
EXHIBIT INDEX
DESIGNATION DESCRIPTION METHOD OF FILING
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Exhibit 8 Opinion of Shearman & Sterling. Filed with this Report.
Exhibit 23 Consent of Shearman & Sterling Filed with this Report.
is contained in their opinion set
forth in Exhibit 8.
Exhibit 8
[SHEARMAN & STERLING LETTERHEAD]
July 26, 2000
Ford Motor Credit Company
One American Road
Dearborn, MI 48126
Ladies and Gentlemen:
In connection with the issuance by Ford Motor Credit Company,
a Delaware corporation, of $4,000,000,000 aggregate principal amount of its
7.60% Global Landmark Securities due August 1, 2005 and $2,000,000,000 aggregate
principal amount of its Floating Rate Global Landmark Securities due August 1,
2002, we hereby consent to the use of our name and confirm to you our tax advice
as set forth under the heading "United States Taxation of Non-United States
Persons -- Income and Withholding Tax" in the Prospectus Supplement dated July
26, 2000 relating to Registration Statement no. 333-91953, to which registration
statement this consent is an exhibit.
Very truly yours,
/s/Shearman & Sterling