FORD <F> CREDIT UNIT SELLS NOTES AT 8.13 PCT
Ford Motor Credit Co, a unit of Ford
Motor Co, is raising 200 mln dlrs via an offering of notes due
1997 yielding 8.13 pct, said sole manager Salomon Brothers.
    The notes have an eight pct coupon and were priced at
99.125 to yield 88 basis points over comparable Treasuries.
    That matches the spread over Treasuries for the finance
unit's equal-sized, same-maturity offering on January 6 that
was priced to yield 7.948 pct. This deal was rated A-2 by
Moody's and AA-minus by Standard and Poor's.
    Non-callable for five years, today's issue is rated A-1 by
Moody's and AA-minus by S and P.
 Reuter
