Pricing Supplement No.1 Dated February 10, 2000
(To Prospectus Dated January 6, 2000 and
Prospectus Supplement Dated January 31, 2000)
Rule 424 (b)(3)
Registration Statement
No. 333-91953
U.S.$12,000,000,000
FORD MOTOR CREDIT COMPANY
Medium-Term Notes Due More Than
9 Months From Date of Issue
Ford Motor Credit Company has designated $500,000,000
aggregate principal amount of its Medium-Term Notes Due More Than 9 Months From
Date of Issue having the specific terms set forth below. Banc of America
Securities LLC, Bear, Stearns & Co. Inc., Chase Securities Inc., Goldman, Sachs
& Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated severally have
agreed to purchase $500,000,000 aggregate principal amount of the Notes at a
price of 99.588% of their principal amount for resale at an initial public
offering price of 99.963% of their principal amount. After the initial public
offering, the offering price may be changed.
Issue Date: February 15, 2000
Maturity Date: February 15, 2007
Principal Amount: $500,000,000
Interest Rate: 7.75% per annum
Interest Payment Dates: Semiannually on the 15th day of each
February and August, commencing
August 15, 2000
Banc of America Securities LLC Bear, Stearns & Co. Inc.
Chase Securities Inc. Goldman, Sachs & Co.
Merrill Lynch & Co.