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) October 23, 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. 333-50611. 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 two series of
Debt Securities for issuance under an Indenture dated as of February 1, 1985,
as supplemented, between the Company and The Chase Manhattan Bank
(the "Indenture"), designated as the Company's 5 1/8% Notes due
October 15, 2001 in the aggregate principal amount of $750,000,000
and 5 3/8% Notes due October 15, 2002 in the aggregate principal amount
of $150,000,000 (together, the "Notes"). Each series of the Notes will be
represented by Global Securities (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 for each series 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 5 1/8% Notes due
October 15, 2001.
Exhibit 4.2 Form of specimen Global Security Filed with this Report.
relating to Ford Motor Credit
Company's 5 3/8% Notes due
October 15, 2002
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: October 23, 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 5 1/8% Notes due
October 15, 2001.
Exhibit 4.2 Form of specimen Global Security
relating to Ford Motor Credit
Company's 5 3/8% Notes due
October 15, 2002.
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.