Pricing Supplement No.16 Dated January 18, 2000
(To Prospectus and Prospectus Supplement
Dated May 27, 1999) Rule 424(b)(3)
Registration Statement
U.S.$8,000,000,000 No. 333-75177
FORD MOTOR CREDIT COMPANY
Medium-Term Notes Due More Than
9 Months From Date of Issue
Ford Motor Credit Company has designated $400,000,000 aggregate
principal amount of its Medium-Term Notes Due More Than 9 Months From Date of
Issue having the specific terms set forth below. Chase Securities Inc., Lehman
Brothers Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated severally
have agreed to purchase, respectively, $200,000,000, $100,000,000, and
$100,000,000 aggregate principal amount of the Notes at a price of 99.962% of
their principal amount for resale at an initial public offering price of 100% of
their principal amount. After the initial public offering, the offering price
may be changed.
Issue Date: January 21, 2000.
Maturity Date: January 22, 2002.
Principal Amount: $400,000,000.
Interest Rate Basis: LIBOR Telerate having an Index
Maturity of three months plus
10 basis points (0.10%).
Interest Reset Dates: On the Issue Date and thereafter
quarterly on the 21st day of each
April, July, October and January,
until the Notes are paid in full;
provided that January 21, 2002
shall not be an Interest Reset
Date.
Interest Payment Dates: Quarterly on the 21st day of each
April, July, October and January,
and at Maturity; provided that
January 21, 2002 shall not be an
Interest Payment Date.
CUSIP No.: 345402 4T5
Interest Determination
Date: Two London banking days prior to
each Interest Reset Date
Reference Agent: The Chase Manhattan Bank.
CHASE SECURITIES INC. LEHMAN BROTHERS
MERRILL LYNCH & CO
