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Filed Pursuant to Rule 424(b)(3)
Registration File Nos. 33-61223 and 333-65217
Pricing Supplement No. 7 dated July 27, 1999
(To Prospectus Supplement dated June 23, 1999 and Prospectus dated June 23,
1999)
CENTEX CORPORATION
Senior Medium-Term Notes, Series A
Floating Rate Notes
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Principal Amount: $5,000,000
CUSIP No.: 15231E AD 0
Type: Regular Floating Rate
Interest Rate Basis: 3 month LIBOR
Designated LIBOR Page: Telerate 3750
Initial Interest Rate: 5.8275%
Original Issue Date: June 30, 1999
Stated Maturity: June 30, 2000
Price to Public (Issue Price per
$1,000 Principal Amount): 100%
Agent's Discount or Commission: $7,030
Net Proceeds to Centex (excluding
accrued interest): $4,992,970
Accrued Interest (from June 30,
1999 to July 29, 1999): $23,471.88
Spread: 50 Basis Points
Interest Rate Reset Period: Quarterly
Interest Reset Dates and Payment September 30, December 30,
Dates: March 30, June 30
(commencing September 30, 1999)
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This Pricing Supplement relates to the original issuance and sale by
Centex Corporation of the $5,000,000 Senior Medium-Term Note, Series A,
described herein (the "$5,000,000 Note") through Banc One Capital Markets, Inc.,
as Agent. The $5,000,000 Note is being issued on terms identical to the terms of
Centex Corporation's $50,000,000 Medium-Term Notes, Series A issued on June 30,
1999. As a result, the $5,000,000 Note described herein is being issued under
the same CUSIP Number, and the purchaser of the $5,000,000 Note will pay accrued
interest as stated above.
We may issue Senior Medium-Term Notes, Series A, and Subordinated
Medium-Term Notes, Series A, under Registration Statement Nos. 33-61223 and
333-65217 in a principal amount of up to $200,000,000 in gross proceeds and, to
date, including this offering and an offering on the date hereof of $12,000,000
of Medium-Term Notes, an aggregate of $192,000,000 has been issued.
