RULE 424(b)(2)
REGISTRATION NO. 33-56207
PRICING SUPPLEMENT NO. 8 TO PROSPECTUS DATED NOVEMBER 3, 1994
(As supplemented November 17, 1994)
IBM CREDIT CORPORATION
MEDIUM-TERM NOTES
(Fixed Rate Note)
(Due from 9 months to 30 years from date of issue)
Designation: Fixed Rate Original Issue Date:
Medium-Term Notes Due January 26, 1995
January 26, 2000
Maturity Date:
Principal Amount: $25,000,000 January 26, 2000
Regular Record Dates:
Issue Price (as a percentage of Fifteenth calendar day (whether
Principal Amount): 100% or not a Business Day) prior to
the corresponding Interest
Payment Date
Interest Rate: 8.50%
Commission or Discount (as a Interest Payment Dates:
percentage of Principal Each January 26 and July 26,
Amount): 0.0% commencing July 26, 1995 and
ending on the Maturity Date
Redemption Provisions:
The Notes are redeemable at the Denominations: $10,000 and
option of the Company on any integral multiples of $5,000 in
Interest Payment Date, excess thereof
occurring on or
after January 26, 1996
CUSIP: 44922l R81 Form: [X] Book-Entry
[ ] Certificated
This Pricing Supplement supplements and, to the extent inconsistent
therewith, amends the description of the Notes referred to above in
the accompanying Prospectus Supplement and Prospectus.
<PAGE>2
INTEREST
Interest on the Notes will be calculated based on a year of 360
days consisting of 12 months of 30 days each.
If any payment of principal or interest is due on a day that is
not a Business Day, that payment may be made on the next succeeding
Business Day. No additional interest will accrue as a result of the
delay in payment. For purposes of the offering made hereby, "Business
Day" as used herein and in the accompanying Prospectus Supplement means
each day on which commercial banks and foreign exchange markets settle
payments in The City of New York. Capitalized terms used but not
defined herein have the meanings assigned in the accompanying Prospectus
Supplement and Prospectus.
REDEMPTION
The Notes are redeemable by the Company on any Interest Payment
Date occurring on or after the January 26, 1996 Interest Payment Date,
in whole or in part, on at least 30 days prior notice at a redemption
price of 100% of the principal amount thereof plus accrued interest
thereon to the date of redemption.
PLAN OF DISTRIBUTION
The Notes will be sold to Smith Barney Inc. for resale to one or
more investors at a fixed public offering price. After the initial
public offering of the Notes, the public offering price and any
concession or discount may be changed.
Dated: January 12, 1995
