Rule 424(b)(3)
File Nos. 333-82583 and 333-82583-01
PRICING SUPPLEMENT NO.4 DATED July 12, 2000
(To Prospectus Dated June 8, 2000, as Supplemented June 15, 2000)
COUNTRYWIDE HOME LOANS, INC.
Medium-Term Notes, Series I
due Nine Months or More from Date of Issue
Payment of Principal, Premium, if any,
and Interest Fully and Unconditionally Guaranteed by
COUNTRYWIDE CREDIT INDUSTRIES, INC.
Fixed Rate Notes
Trade Date: July 12, 2000 Book Entry: |x|
Issue Price: 100% Certificated: |_|
Original Issue Date: July 28, 2000 Principal Amount: $10,000,000
Stated Maturity Date: July 28, 2015 Net Proceeds: $9,775,500
Interest Rate: 8.00% Specified Currency: U.S. Dollars
Exchange Rate Agent: N/A
Agent: Countrywide Securities Corporation
Minimum Denomination: $1,000
Interest Payment Dates: January 28th and July 28th, commencing January 28, 2001
Record Dates: January 13th and July 13th
Redemption: Repayment:
Check box opposite applicable paragraph: Check box opposite applicable
paragraph:
|_| The Notes cannot be redeemed prior to maturity. |X| The Notes cannot be
repaid prior to maturity.
|X| The Notes may be redeemed prior to maturity. |_| The Notes may be repaid
prior to maturity.
Initial Redemption Date: July 28, 2003 Optional Repayment Dates:
Initial Redemption Percentage: 100%
Annual Redemption Percentage Reduction, if any:
Estate Option: Check box if the Estate Option is applicable |x|
Additional/Other Terms: The Notes may be redeemed at any time, in
whole or in part, on or after the Initial Redemption
Date upon 10 business days' notice to the Holder.
The Notes to which this Pricing Supplement relates will constitute
unsecured and unsubordinated indebtedness of Countrywide Home Loans and will
rank equally with Countrywide Home Loan's other unsecured and unsubordinated
indebtedness. As of May 31, 2000, Countrywide Credit Industries did not have any
secured indebtedness outstanding, and Countrywide Home Loans had $20,273,469
aggregate principal amount of secured indebtedness outstanding, all of which was
short-term indebtedness. As of that date, Countrywide Home Loans had
$9,363,148,000 aggregate principal amount of unsecured and unsubordinated
indebtedness outstanding, which indebtedness ranked equally with the other
unsecured and unsubordinated indebtedness of Countrywide Home Loans and will
rank equally with the Notes to which this Pricing Supplement relates.
