FORD <F> CREDIT UNIT SELLS NOTES AT 6.95 PCT
Ford Motor Credit Co, a unit of Ford
Motor Co, is raising 250 mln dlrs via an offering of notes due
1990 yielding 6.95 pct, said lead underwriter Goldman Sachs.
    The notes have a 6-7/8 pct coupon and were priced at 99.80
to yield 47 basis points more than comparable Treasury
securities.
    Non-callable for life, the issue is rated A-1 by Moody's
and AA by Standard and Poor's.
    On October 7, 1986, the credit unit sold 200 mln dlrs of
same-maturity notes, rated A-1/A, that were priced to yield
7.172 pct or 77 basis points over Treasuries.
 Reuter
