Rule 424(b)(3)
File Nos. 333-82583 and 333-82583-01
Rule 424(b)(3)
File Nos. 333-82583 and 333-82583-01
PRICING SUPPLEMENT NO. 23 DATED November 10, 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.
Floating Rate Notes
Trade Date: November 10, 2000 Book Entry: |x|
Issue Price: Variable Certificated: |_|
Original Issue Date: November 15, 2000 Principal Amount: $150,000,000
Stated Maturity Date: November 15, 2001 Net Proceeds: $149,962,500
Specified Currency: U.S. Dollars
Base Rate(s): |_| CD Rate |_| Eleventh District |_| Prime Rate
Cost of Funds Rate
|_| Commercial Paper Rate |_| Federal Funds Rate |_| Treasury Rate
|_| CMT Rate |x| LIBOR |_| Other
Telerate Page 3750
Exchange Rate Agent: N/A
Minimum Denomination: $1,000 Maximum Interest Rate: N/A
Initial Interest Rate: 6.884% Minimum Interest Rate: N/A
Interest Determination Dates: Two London Business Days Interest Factor
Convention: N/A
prior to each Interest
Payment Date
Index Maturity: 3 months
Interest Reset Dates: Same as Interest Payment Dates Spread (plus or
minus): plus 12.5 basis points
Interest Payment Dates: Quarterly, on the 15th day of Spread Multiplier:
N/A
February, May, August and
November.
Fixed Rate Commencement Date: N/A
Fixed Interest Rate: N/A
Agent: Deutsche Banc Alex.Brown, as principal
Calculation Agent: The Bank of New York
Redemption: Repayment:
Check box opposite applicable paragraph: Check box opposite applicable
paragraph:
|X| The Notes cannot be redeemed prior to maturity. |X| The Notes cannot be
repaid prior to maturity.
|_| The Notes may be redeemed prior to maturity. |_| The Notes may be
repaid prior to maturity.
Initial Redemption Date: Optional Repayment Dates:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction, if any:
Additional/Other Terms: N/A
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 August 31, 2000, Countrywide Credit Industries did not have
any secured indebtedness outstanding, and Countrywide Home Loans had $19,455,000
aggregate principal amount of secured indebtedness outstanding, all of which was
short-term indebtedness. As of that date, Countrywide Home Loans had
$9,115,685,000 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.
