Pricing Supplement No. 85 Dated November 2, 1994
(To Prospectus and Prospectus Supplement
Dated May 4, 1994)
U.S.$6,000,000,000
FORD MOTOR CREDIT COMPANY
Medium-Term Notes Due from 9 Months
to 30 Years from Date of Issue
Ford Motor Credit Company has designated $400,000,000 aggregate
principal amount of its Medium-Term Notes Due from 9 Months to 30
Years from Date of Issue having specific terms set forth below. Merrill
Lynch, Pierce, Fenner & Smith Incorporated has agreed to purchase the Notes
at a price of 99.75% of their principal amount for resale at an initial
public offering price of 100% of the principal amount. After the initial
public offering, the offering price may be changed.
Issue Date: November 10, 1994
Principal Amount: $400,000,000
Interest Rate Basis: LIBOR having an Index Maturity of three months plus
16 basis points
Interest Reset Dates: November 10, 1994 and the 10th day of the months of
February, May, August and November during the
period commencing February 10, 1995 and
ending August 10, 1997.
Interest Payment Dates: The 10th day of the months of February, May,
August and November during the period commencing
February 10, 1995 and ending August 10, 1997, and
at Stated Maturity.
Stated Maturity: November 10, 1997
Reference Agent: Chemical Bank
MERRILL LYNCH & CO.
