Associates Corp - FRN Variable Rate Fix
20 Fevereiro 1998 - 2:26PM
UK Regulatory
RNS No 3572a
ASSOCIATES CORPORATION OF NORTH AMERICA
20th February 1998
TO COMPANY ANNOUNCEMENTS OFFICE
RE ASSOCIATES CORPORATION OF NORTH AMERICA
USD 500,000,000
MATURITY : 21 MAY 2002
CC:7640510
-------------------------------------------------------
WE CONFIRM THAT THE RATE OF INTEREST FOR THE PERIOD
24 FEBRUARY 1998 TO 22 MAY 1998 HAS BEEN FIXED AT
5.6875 PCT (FIVE SPOT SIX EIGHT SEVEN FIVE PER CENT).
THE RATE HAS BEEN CALCULATED USING THE 3 MONTH USD
LIBOR 5.62500 PLUS A MARGIN 0.0625 PER CENT.
THE INTEREST PAYABLE ON THE RELEVANT INTEREST PAYMENT
DATE 22 MAY 1998 AGAINST COUPON NO. 4 WILL BE
USD 13.74 (THIRTEEN US DOLLARS AND SEVENTY FOUR CENTS)
PER USD1,000 DENOMINATION AND USD 137.45 (ONE HUNDRED
AND THIRTY SEVEN DOLLARS AND FORTY FIVE CENTS) PER
USD10,000 DENOMINATION AND USD1,374.48 (ONE THOUSAND,
THREE HUNDRED AND SEVENTY FOUR DOLLARS AND FORTY EIGHT
CENTS) PER USD100,000 DENOMINATION.
THIS AMOUNT HAS BEEN COMPUTED ON THE ACTUAL NUMBER OF DAYS
ELAPSED (87) DIVIDED BY 360.
IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK
ON TEL: 44 171 500 0150/0146 OR FAX: 44 171 500 0483.
RATE FIX DESK
CITIBANK, N.A., LONDON
END
RC BLGBDDBDCCIG
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