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) February 11, 1998
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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.)
The American Road, Dearborn, Michigan 48121
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 313-322-3000
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ITEM 5. Other Events.
Ford Motor Credit Company, a Delaware corporation (the "Company"), has
registered Debt Securities ("Debt Securities") pursuant to Registration
Statement No. 333-40477. 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 Company has created a series of
Debt Securities for issuance under an Indenture dated as of August 1, 1994,
between the Company and First Union National Bank (formerly First Fidelity
Bank, National Association) (the "Indenture") in the aggregate principal
amount of $1,000,000,000. Such series has been designated as the Company's
Floating Rate Notes due February 13, 2003 (the "Notes"). The entire issue of
the Notes will be represented by five Global Securities, each in the
aggregate principal amount of $200,000,000 (the "Global Securities") except
that in certain circumstances as provided in such Indenture, the Global
Securities will be exchanged for Notes in definitive form (the "Definitive
Notes"). Copies of the form of specimen Global Security and form of
Definitive Note 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 4.1 Form of specimen Global Security Filed with this Report.
relating to Ford Motor Credit
Company's Floating Rate Notes due
February 13, 2003.
Exhibit 4.2 Form of Definitive Note relating Filed with this Report.
to Ford Motor Credit Company's
Floating Rate Notes due February
13, 2003.
Exhibit 8.1 Opinion of Shearman & Sterling. Filed with this Report.
Exhibit 8.2 Opinion of Sullivan & Cromwell. Filed with this Report.
Exhibit 23.1 Consent of Shearman & Sterling Filed with this Report.
is contained in their opinion set
forth in Exhibit 8.1.
Exhibit 23.2 Consent of Sullivan & Cromwell Filed with this Report.
is contained in their opinion set
forth in Exhibit 8.2.
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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: February 11, 1998 By:/s/R. P. Conrad
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R. P. Conrad
Assistant Secretary
EXHIBIT INDEX
Designation Description
- ----------- -----------
Exhibit 4.1 Form of specimen Global Security
relating to Ford Motor Credit
Company's Floating Rate Notes due
February 13, 2003.
Exhibit 4.2 Form of Definitive Note relating
to Ford Motor Credit Company's
Floating Rate Notes due February
13, 2003.
Exhibit 8.1 Opinion of Shearman & Sterling.
Exhibit 8.2 Opinion of Sullivan & Cromwell.
Exhibit 23.1 Consent of Shearman & Sterling
is contained in their opinion set
forth in Exhibit 8.1.
Exhibit 23.2 Consent of Sullivan & Cromwell
is contained in their opinion set
forth in Exhibit 8.2.