FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of a Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month(s) of: April 22, 1999
NEWCOURT CREDIT GROUP INC.
Newcourt Centre, 207 Queens Quay West, Suite 700
Toronto, Ontario
Canada, M5J 1A7
[Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.]
Form 20-F / / Form 40-F /X/
[Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.]
Yes / / No /X/
[If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b)]
82-
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date: April 22, 1999
NEWCOURT CREDIT GROUP INC.
By: John P. Stevenson
Corporate Secretary
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News Release
For immediate release
Trading Symbol: NCT Contact: Rick Perkins
Vice President,
Corporate Communications
Exchange Listing: Toronto (973) 606-3709
Montreal
New York
Newcourt Forms New 5 Year Alliance in the US SME Business
Communications Sector
Parsippany, NJ, April 22, 1999 - Newcourt Credit Group today
announced that it will provide customer financing
for a new company that earlier today purchased Lucent
Technologies' US sales group that serves small and mid-sized business.
"We are looking forward to having Newcourt as an important partner
in providing financing for our customers. The Newcourt
relationship with Lucent has been very successful and we look
forward to continuing that strong partnership,"stated Susan Mandl,
Chairman and CEO of the new company. "Newcourt's innovative
approach to vendor finance will be a key factor to the growth of
our new company."
This exclusive 5-year agreement with the new company is modeled on
Newcourt's successful existing agreement with Lucent. Newcourt
continues to provide Lucent Technologies with its
Global/Enterprise and International customer financing needs.
<PAGE>
"The productive relationship we share with Newcourt has helped us
package offers for customers that are tailored to their needs,"
said Angie McGuire, Vice President of Enterprise Communications
Systems at Lucent Technologies. "This is a clear competitive
advantage that we value, and we look forward to continuing our successful
relationship."
"Since establishing its relationship with Lucent, Newcourt has
experienced growing business volumes particularly in the US small
and medium sized enterprise market,"stated Brad Nullmeyer,
President, Newcourt Financial. "This announcement is further
evidence of Newcourt's strong relationship with Lucent and our
continued commitment to this market."
Newcourt Credit Group is one of the world's leading sources of
asset-based financing serving the corporate and commercial markets
with owned and managed assets of US$23.3 billion and a global
capability in 26 countries.
