Rule 424(b)(3)
File No. 333-29677
Pricing Supplement No. 0169 Dated: March 9, 1998
(To Prospectus dated June 26, 1997 and
Prospectus Supplement dated July 2, 1997)
XEROX CREDIT CORPORATION
Medium-Term Notes, Series F
Due Nine Months or More From Date of Issue
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GENERAL
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Principal Amount: $25,000,000
Issue Price: 100% of Principal Amount (see below under "If as
Principal" if Agent is acting as Principal)
Agent's Discount or Commission: None
Net proceeds to Company: $25,000,000 (100% of Principal Amount)
Original Issue Date (Settlement Date): March 24, 1998
Maturity Date: March 24, 2008
Agent: CIBC Oppenheimer Corp.
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
Specified Currency: U.S. Dollars
Authorized Denominations: $1,000
Integral Multiples in excess thereof: $1,000
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INTEREST
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/X/ Fixed Rate Note (other than Amortizing or Zero-Coupon Note):
The rate of interest on the Note will be as follows:
From and including To but excluding Rate per annum
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March 24, 1998 March 24, 2000 6.25%
March 24, 2000 March 24, 2001 6.30%
March 24, 2001 March 24, 2002 6.40%
March 24, 2002 March 24, 2003 6.45%
March 24, 2003 March 24, 2004 6.50%
March 24, 2004 March 24, 2005 6.55%
March 24, 2005 March 24, 2006 6.60%
March 24, 2006 March 24, 2007 6.75%
March 24, 2007 Maturity Date 7.00%
Interest on the Note will be calculated on a 30/360 basis and will
be payable semiannually in arrears on September 24 and March 24,
commencing September 24, 1998, through and including the date
of Maturity (each, an "Interest Payment Date"); and the Regular
Record Date in respect of each Interest Payment Date will be the
date which is 15 days (whether or not a Business Day) immediately
prior to such Interest Payment Date.
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EARLY REDEMPTION AND/OR REPAYMENT, AND OPTIONAL EXTENSION
OF MATURITY DATE, RESETS AND PAYMENT CURRENCY
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Early redemption at Company's option:
/ / No /X/ Yes (See below)
Redemption date(s): March 24, 2000, and each Interest Payment Date
thereafter.
Redemption price(s): 100% of the principal amount of the Note.
Other provisions: The Note may be redeemed only in whole and
not in part, and upon at least 30 days prior notice to the
Holder of the Note.
Early repayment at Holder's option:
/X/ No / / Yes
Option to extend Maturity Date:
/X/ No / / Yes
Option to reset interest rate:
/X/ No / / Yes
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ATTACHMENT
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None.
