Associates Corp - FRN Variable Rate Fix
20 Maio 1998 - 12:35PM
UK Regulatory
RNS No 7882w
ASSOCIATES CORPORATION OF NORTH AMERICA
20th May 1998
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
22 MAY 1998 TO 21 AUGUST 1998 HAS BEEN FIXED AT
5.75781 PCT (FIVE SPOT SEVEN FIVE SEVEN EIGHT ONE
PER CENT).
THE RATE HAS BEEN CALCULATED USING THE 3 MONTH USD
LIBOR 5.69531 PLUS A MARGIN 0.0625 PER CENT.
THE INTEREST PAYABLE ON THE RELEVANT INTEREST PAYMENT
DATE 21 AUGUST 1998 AGAINST COUPON NO. 5 WILL BE
USD 14.55 (FOURTEEN US DOLLARS AND FIFTY FIVE CENTS)
PER USD1,000 DENOMINATION AND USD 145.54 (ONE HUNDRED
AND FORTY FIVE DOLLARS AND FIFTY FOUR CENTS) PER
USD10,000 DENOMINATION AND USD1,455.45 (ONE THOUSAND,
FOUR HUNDRED AND FIFTY FIVE DOLLARS AND FORTY FIVE
CENTS) PER USD100,000 DENOMINATION.
THIS AMOUNT HAS BEEN COMPUTED ON THE ACTUAL NUMBER OF DAYS
ELAPSED (91) 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.
FROM: RATE FIX DESK
CITIBANK, N.A., LONDON
END
RC BUGBUUDDCCIG
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