1 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) August 26, 1998 ---------------- FORD MOTOR CREDIT COMPANY (Exact name of registrant as specified in its charter) Delaware 1-6368 38-1612444 - ----------------------- ------------------------ ------------------- (State or other juris- (Commission File Number) (IRS Employer diction of incorporation Identification No.) The American Road, Dearborn, Michigan 48121 - ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 313-322-3000 2 <PAGE 2> 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 a 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 designated as the Company's Floating Rate Term Enhanced ReMarketable Securities in the aggregate principal amount of $700,000,000 (the "Notes"). The series of the Notes will be represented by four Global Securities, three each in the aggregate principal amount of $200,000,000 and one in the aggregate principal amount of $100,000,000. A copy of the form of specimen global Security for such series is being filed as an exhibit to this report. ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits. EXHIBITS Designation Description Method of Filing - ----------- ----------- ---------------- Exhibit 4.1 Form of specimen global Security Filed with this Report relating to Ford Motor Credit Company's Floating Rate Term Enhanced ReMarketable Securities. Exhibit 8.1 Opinion of Shearman & Sterling. 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. 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: August 26, 1998 By:/s/R. P. Conrad ----------------- R. P. Conrad Assistant Secretary 3 EXHIBIT INDEX Designation Description - ----------- ----------- Exhibit 4.1 Form of specimen global Security relating to Ford Motor Credit Company's Floating Rate Term Enhanced ReMarketable Securities. Exhibit 8.1 Opinion of Shearman & Sterling. Exhibit 23.1 Consent of Shearman & Sterling is contained in their opinion set forth in Exhibit 8.1.