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Pricing Supplement No. 7 Dated February 24, 1999
(To Prospectus Supplement Dated July 27, 1998 Filed Pursuant to Rule 424(b)(2)
and Prospectus Dated July 20, 1998) File No. 333-52725
CASE CREDIT CORPORATION
Medium-Term Notes, Series B - Fixed Rate
Agents (Principal Amount): Salomon Smith Barney Inc. ($100,000,000)
Chase Securities Inc. ($25,000,000)
J.P. Morgan Securities Inc. ($25,000,000)
Aggregate Principal Amount: $150,000,000
Agents' Discount
or Commission: 0.35% of Principal Amount
Net Proceeds to Company: $149,382,000
Original Issue Date: March 1, 1999
Original Issue Price: 99.938% of Principal Amount
Interest Rate: 6.15%
Stated Maturity: March 1, 2002
Cusip Number: 146908AK4
Regular Record Date(s) (if other than the March 15
or September 15 immediately preceding
the Interest Payment Date): Fifteen calendar days
immediately preceding the
Interest Payment Date
Interest Payment Date(s) (if other than
April 1 and October 1 of each year): March 1 and September 1
of each year
Redemption:
/X/ The Notes may not be redeemed prior to Stated Maturity.
/ / The Notes may be redeemed prior to Stated Maturity.
Redemption Commencement Date:_________________
Redemption Price:________% of Principal Amount
The Redemption Price initially shall be __% of the Principal Amount of the
Note to be redeemed and shall decline at each anniversary of the Redemption
Commencement Date by __% of the Principal Amount to be redeemed until the
Redemption Price is 100% of such Principal Amount.
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Repayment:
/X/ The Notes may not be repaid prior to Stated Maturity.
/ / The Notes may be repaid prior to Stated Maturity at the option of the
holder of the Note.
Holder's Optional Repayment Date(s): _________________________
Holder's Optional Repayment Price: _______% of Principal Amount
Original Issue Discount: / / Yes /X/ No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period OID:
Method Used to Determine Yield for Initial Accrual Period:
/ / Approximate
/ / Exact
Amortization:
/X/ The Notes are not Amortizing Notes.
/ / The Notes are Amortizing Notes.
Amortization Formula: ______________________
Amortization Payment Date(s): ______________________
Form of Notes:
/X/ Book-Entry
/ / Certificated
Agent's Capacity:
/X/ Agent
/ / Principal
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If as Principal:
/ / The Agent proposes to offer the Notes from time to time
for resale in negotiated transactions or otherwise, at
market prices prevailing at the time of resale, at prices
related to such prevailing market prices or at negotiated
prices.
/ / The Agent proposes to offer the Notes at a fixed initial
public offering price of ______% of Principal Amount.
If as Agent:
The Notes are being offered at a fixed initial public
offering price of 99.938% of Principal Amount.
Other Provisions:
"N/A" as used herein means "Not Applicable."
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