FORD MOTOR CREDIT CO
424B3, 2000-06-28
PERSONAL CREDIT INSTITUTIONS
Previous: FORD MOTOR CO, S-4/A, EX-99.10, 2000-06-28
Next: FORD MOTOR CREDIT CO, 424B3, 2000-06-28




Pricing Supplement No. 12 Dated June 21, 2000
(To Prospectus Dated January 6, 2000
  and Prospectus Supplement Dated January 31, 2000)
                                                                 Rule 424(b)(3)
                                                              Registration Stmt.
                                                                 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 Credit has designated  $350,000,000  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. has agreed to purchase
$350,000,000  aggregate principal amount of the Notes at a price of 99.94447% of
their  principal  amount plus accrued  interest from the Original Issue Date for
resale at varying prices related to prevailing market prices determined by Chase
Securities Inc. at the time of resale.

         The  Notes  are  a  further  issue  of  Ford  Credit's   Floating  Rate
Medium-Term  Notes due June 20,  2003 and are in  addition  to the  $200,000,000
principal amount of notes described in Pricing  Supplement No. 11 dated June 18,
2000.  The Notes  will have the same  CUSIP  number  as the notes  described  in
Pricing  Supplement No. 11.  Interest on the Notes will accrue from the Original
Issue  Date.  The  purchase  price to be paid by  purchasers  of the Notes  will
include  interest  on the  Notes  from the  Original  Issue  Date to the date of
purchase.

         Ford Credit may, without the consent of the holders of the Notes, issue
additional notes with the same ranking and the same interest rate,  maturity and
other terms as the Notes. Any additional notes will, together with the Notes, be
a single  class of the  series of  Medium-Term  Notes  under the  Indenture.  No
additional  notes may be issued if an Event of Default has occurred with respect
to the Notes.

         Original Issue Date:          June 21, 2000

         Maturity Date:                June 20, 2003

         Principal Amount:             $350,000,000

         Interest Rate Basis:          LIBOR Telerate having an Index
                                       Maturity of three months plus
                                       29 basis points (0.29%)

         Interest Reset Dates:         On the Original Issue Date and
                                       thereafter quarterly on the 20th
                                       day of each March, June, September
                                       and December, until the Notes are
                                       paid in full

         Interest Payment Dates:       Quarterly on the 20th day of each
                                       March, June, September and December,
                                       beginning September 20, 2000,
                                       and at Maturity

         CUSIP No.:                    345402 5D9


         Interest Determination Date:  Two London banking days prior to
                                       each Interest Reset Date

         Reference Agent:              The Chase Manhattan Bank

                              CHASE SECURITIES INC.




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