Rule 424(b)(3)
File No. 33-53533
Pricing Supplement No. 0141 Dated: June 28, 1995
(To Prospectus dated May 13, 1994 and
Prospectus Supplement dated May 25, 1994)
XEROX CREDIT CORPORATION
Medium-Term Notes, Series D
Due From Nine Months to Thirty Years From Date of Issue
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General
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Principal Amount: $120,000,000
Issue Price: 100% of Principal Amount (see below If as
Principal)
Proceeds to Company: $120,000,000
Original Issue Date: July 5, 1995
Maturity Date: June 30, 1998
Agent(s): Salomon Brothers Inc
Agent's Discount or Commission:
Agent's capacity: / / As Agent
/X/ As Principal (see below)
If as Principal:
/X/ The Note is being offered at varying prices related
to prevailing market prices at the time of resale.
/ / The Note is being offered at a fixed initial public
offering price of % of Principal Amount.
Form: /X/ Book Entry / / Certificated
Authorized Denominations: $1,000
Integral Multiples in excess thereof: $1,000
Specified Currency (if other than U.S. dollars, see
Attachment): U.S. dollars
Option to Elect Payment in Specified Currency:
/ / Yes / / No
Applicable only if Specified Currency is other than
U.S. dollars)
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Interest
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/X/ Floating Rate (see Base Rate specified below)
Base Rate(s):
/ / Commercial Paper Rate /X/ Federal Funds Rate(see below)
/ / CD Rate / / LIBOR
/ / Treasury Rate / / Prime Rate
/ / CMT Rate / / J.J. Kenny Rate
/ / 11th District Cost of Funds Rate
/ / Other (see Attachment)
Initial Interest Rate: The interest rate as determined
in accordance with the provisions hereof
Interest Payment Date(s): March 30, June 30, September
30 and December 30 of each year, commencing
September 30, 1995
Calculation Date (if other than as provided in the
Prospectus Supplement):
Interest Reset Period: Daily
Interest Reset Date(s): Each Business Day
Spread (+/-): +0.20%
Spread Multiplier:
Maximum Interest Rate:
Minimum Interest Rate:
Index Maturity:
Other provisions: (i) the interest rate for each of
the ten days immediately prior to Maturity shall be
that in effect on the Interest Reset Date pertaining
to such day; (ii) The interest payable on each
Interest Payment Date or at Maturity will be the
amount of interest accrued from and including the
Original Issue Date or from and including the last
Interest Payment Date to which interest has been
paid to, but excluding, such Interest Payment Date
or date of Maturity, as the case may be; (iii)
"Business Day" means a day on which commercial banks
and foreign exchange markets settle payments in the
same currency as the payment obligation that is
payable on or calculated by reference to that date
in New York; and (iv) The Calculation Agent for the
Notes offered hereby shall be Salomon Brothers Inc
/ / Fixed Rate of:
(Applicable only if Notes are not Zero-Coupon Notes or
Amortizing Notes)
/ / Amortizing Notes:
Scheduled repayment amounts and dates in respect of
the principal and interest:
/ / Currency Indexed Notes:
Interest Rate:
Interest Payment Date(s):
Denominated Currency:
Indexed Currency or Currencies:
Face Amount:
Base Exchange Rate:
Principal Amount Determination Formula:
Other provisions:
/ / Other Indexed Notes:
Face Amount:
Interest Payment Date(s):
Principal Amount Determination Formula:
Designated Index or Indices:
Other provisions:
Optional Resets:
Option to reset interest rate:
(Applicable only if the Notes are Fixed Rate Notes)
/ / No / / Yes (See Attachment)
Option to reset the Spread and/or Spread Multiplier:
(Applicable only if the Notes are Floating Rate Notes)
/X/ No / / Yes (See Attachment)
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Redemption
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/X/ The Company cannot elect to redeem the Note prior to
the Maturity Date.
/ / The Company may elect to redeem the Notes prior to
the Maturity Date (see below).
Initial Redemption Date:
Redemption Date(s):
The Redemption Price shall be % of the principal
amount of the Note to be redeemed and shall decline at
each anniversary of the Initial Redemption Date by %
of the principal amount to be redeemed until the
Redemption Price is 100% of such principal amount.
Other provisions:
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Early Repayment
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/X/ The Holder cannot elect to have the Notes repaid
prior to the Maturity Date
/ / The Holder may elect to have the Notes repaid prior
to the Maturity Date (see below).
Initial Redemption Date:
Repayment Date(s):
The Repayment Price shall initially be % of the
principal amount of the Note to be repaid and shall
decline at each anniversary of the Initial Repayment
Date by % of the principal amount to be repaid until
the Repayment Price is 100% of such principal amount.
Other provisions:
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Extension of Maturity
___________________________________________________________
Extension of Maturity Date by the Company:
/X/ The Maturity Date of the Notes cannot be extended by
the Company
/ / The Maturity Date of the Notes may be extended by the
Company (see below)
Date(s) on which the Maturity Date may be extended by the
Company:
Final Maturity Date:
Other provisions:
Extension of Maturity Date by the Holder:
/X/ The Maturity Date of the Notes cannot be extended by
the Holder.
/ / The Maturity Date of the Notes may be extended by the
Holder (see below).
Date(s) on which the Maturity Date may be extended by the
Holder:
Final Maturity Date:
Date(s) by which the Holder's Extension Notice must be
received by the Trustee:
Other provisions:
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Original Issue Discount
___________________________________________________________
Discount Note: /X/ No / / Yes (see below)
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period OID:
Provisions relating to types of funds for payment:
/ / None / / Yes (see Attachment)
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Attachment
___________________________________________________________
None.
