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. 10 DATED August 30, 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: August 30, 2000 Book Entry: |x|
Issue Price: Variable Certificated: |_|
Original Issue Date: September 5, 2000 Principal Amount: $93,000,000
Stated Maturity Date: September 5, 2001 Net Proceeds: $92,962,800
Specified Currency: U.S. Dollars
Base Rate(s): |_| CD Rate |_| Eleventh District |x| Prime Rate
Cost of Funds Rate
|_| Commercial Paper Rate |_| Federal Funds Rate |_| Treasury Rate
|_| CMT Rate |_| LIBOR |_| Other
Telerate Page 3750
Exchange Rate Agent: N/A
Minimum Denomination: $1,000 Maximum Interest Rate: N/A
Initial Interest Rate: 6.76% Minimum Interest Rate: N/A
Interest Determination Dates: One Business day prior to Interest Factor
Convention: N/A
reset date.
Index Maturity: Daily
Interest Reset Dates: Daily Spread (plus or minus): minus 274 basis points
Interest Payment Dates: Quarterly, on the 5th day of Spread Multiplier: N/A
December, March, June and
September.
Fixed Rate Commencement Date: N/A
Fixed Interest Rate: N/A
Agent: Merrill Lynch and Co.
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 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.
