XEROX CREDIT CORP
424B3, 1998-05-04
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
Previous: CENTURY PROPERTIES FUND XVI, 10QSB, 1998-05-04
Next: FIRST INVESTORS GLOBAL FUND INC, 497J, 1998-05-04



                                                   Rule 424(b)(3)
                                               File No. 333-29677

Pricing Supplement No. 0171                    Dated: May 1, 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
__________________________________________________________________

                              GENERAL
__________________________________________________________________

Principal Amount: $225,000,000
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: $225,000,000 (100% of Principal Amount)
Original Issue Date (Settlement Date): May 6, 1998
Maturity Date: May 8, 2000
Agent: Chase Securities Inc.
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
__________________________________________________________________

                             INTEREST
__________________________________________________________________

/X/ Fixed Rate Note (other than Amortizing or Zero-Coupon Note):    
The rate of interest on the Note will be 5.83% per annum.

Interest on the Note will be calculated on a 30/360 basis and will 
be payable semiannually in arrears on November 6 and May 6 of each 
year, commencing November 6, 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. 
__________________________________________________________________
 
    EARLY REDEMPTION AND/OR REPAYMENT, AND OPTIONAL EXTENSION
          OF MATURITY DATE, RESETS AND PAYMENT CURRENCY
__________________________________________________________________
 
Early redemption at Company's option: 
  /X/ No    / / Yes  (See below)

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
__________________________________________________________________

                            ATTACHMENT
__________________________________________________________________
 
None.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission