AMERICAN GENERAL FINANCE CORP
424B3, 2000-06-06
PERSONAL CREDIT INSTITUTIONS
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PRICING SUPPLEMENT NO. 14
DATED JUNE 2, 2000 TO
PROSPECTUS DATED AUGUST 13, 1999
AND PROSPECTUS SUPPLEMENT DATED NOVEMBER 1, 1999 FILED PURSUANT TO RULE 424(b)(3)

FILED PURSUANT TO RULE 424(b)(3)
REGISTRATION NO. 333-83449

AMERICAN GENERAL FINANCE CORPORATION
MEDIUM-TERM NOTES, SERIES F
(FLOATING RATE)
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE

Principal Amount:   $75,000,000

Original Issue Date:   June 7, 2000

Agent's Discount or Commission:    $150,000

Stated Maturity:   June 6, 2003

Net Proceeds to Issuer:    $74,850,000

Interest Rate:   3 Month LIBOR +34 bp

Form:

[  x  ] Book Entry [      ] Certificated

CUSIP No.:    02635PQP1

Agent:   First Union Securities, Inc.

Capacity: 

[  x   ] Agent

[      ] Principal

If as Agent:          The notes are being offered at a fixed initial public offering price of 100% of principal amount.

If as Principal :

[      ]

The notes are being offered at varying prices related to prevailing market prices at the time of resale.

 

[      ]

The notes are being offered at a fixed initial public offering price of ____% of principal amount.

Initial Interest Rate:   7.1325%

 

Interest Reset Date: 

6th of March, June, September and December of each year

INTEREST RATE BASIS: (check one)

Interest Reset Date(s):  

Quarterly

[    ]

CD Rate

Interest Payment Date(s):

6th of March, June, September and December of each year

[    ]

CMT Rate

Regular Record Dates:

15 calendar days prior to each Interest Payment Date

 

[     ]

Designated CMT Telerate Page is 7051

Spread (+/-):  + 34 bp

 

[     ]

Designated CMT Telerate Page is 7052

Spread Multiplier:  N/A

   

[     ]

Weekly Average

Maximum Interest Rate:  N/A

   

[     ]

Monthly Average

Minimum Interest Rate:  N/A

 

Designated CMT Maturity Index:_______

Index Maturity:  3 month

[    ]

Commercial Paper Rate

 

[    ]

Eleventh District Cost of Funds Rate

INTEREST CALCULATION:

[    ]

Federal Funds Rate

[ x  ]

Regular Floating Rate Note:

[ x ]

LIBOR:

[     ]

Floating Rate/Fixed Rate Note

 

[     ]

LIBOR Reuters Page _____

 

Fixed Rate Commencement Date:

 

[ x  ]

LIBOR Telerate Page 3750

 

Fixed Interest Rate:

[    ]

Prime Rate

[     ]

Inverse Floating Rate Note

[    ]

Treasury Rate

 

Fixed Interest Rate:

[    ]

Other ______________

Redemption Provisions:

[  x   ]
[       ]

The notes cannot be redeemed prior to the Stated Maturity.
The notes may be redeemed prior to the Stated Maturity.
Initial Redemption Date:
Initial Redemption Percentage:   ___%
Annual Redemption Percentage Reduction:  ___%

Optional Repayment Provisions:

[  x   ]
[       ]

The notes cannot be repaid prior to the Stated Maturity.
The notes can be repaid prior to the Stated Maturity at the option of the holder of the notes.
Optional Repayment Date(s):

Other Provisions: None.

We are offering the notes on a continuing basis through American General Securities Incorporated, First Union Securities, Inc., Lehman Brothers, Merrill Lynch & Co. and Salomon Smith Barney Inc., as agents, each of which has agreed to use its reasonable efforts to solicit offers to purchase notes. We may also accept offers to purchase notes through other agents. See "Plan of Distribution" in the accompanying prospectus supplement. To date, including the notes described by this pricing supplement, we have accepted $938,500,000 aggregate principal amount of offers to purchase notes.

____________________________

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved the notes or determined if the prospectus, the prospectus supplement or this pricing supplement is truthful or complete. Any representation to the contrary is a criminal offense.



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