<PAGE> 1
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JANUARY 29, 1999
REGISTRATION NO. 333-
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------
FORM S-3
REGISTRATION
UNDER
THE SECURITIES ACT OF 1933
------------------------
NATIONAL CITY CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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<S> <C>
Delaware 34-1111088
(STATE OR OTHER JURISDICTION OF INCORPORATION OR (I.R.S. EMPLOYER IDENTIFICATION NO.)
ORGANIZATION)
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NATIONAL CITY CENTER
1900 EAST NINTH STREET
CLEVELAND, OHIO 44114-3484
216/575-2000
(ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF
REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)
------------------------
DAVID L. ZOELLER
SENIOR VICE PRESIDENT AND GENERAL COUNSEL
NATIONAL CITY CORPORATION
1900 EAST NINTH STREET
CLEVELAND, OHIO 44114-3484
216/575-2978
(NAME, ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE,
OF AGENT FOR SERVICE)
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Copies to:
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<S> <C>
CHRISTOPHER M. KELLY DANIEL M. ROSSNER
JONES, DAY, REAVIS & POGUE BROWN & WOOD LLP
NORTH POINT ONE WORLD TRADE CENTER
901 LAKESIDE AVENUE NEW YORK, NEW YORK 10048
CLEVELAND, OHIO 44114
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APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC: From time
to time after the effective date of this Registration Statement, as determined
by the Registrant.
------------------------
If the only securities being registered on this form are being offered
pursuant to dividend or interest reinvestment plans, please check the following
box. [ ]
If any of the securities being registered on this form are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, other than securities offered only in connection with dividend or interest
reinvestment plans, check the following box. [ ]
If this form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box
and list the Securities Act registration statement number of the earlier
effective registration statement for the same offering. [X] 33-54323
If this form is a post-effective amendment filed pursuant to rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [ ]
- ------------------------
If delivery of the prospectus is expected to be made pursuant to Rule 434,
please check the following box. [ ]
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CALCULATION OF REGISTRATION FEE
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TITLE OF PROPOSED MAXIMUM PROPOSED MAXIMUM
SECURITIES TO BE AMOUNT TO BE OFFERING PRICE AGGREGATE REGISTRATION
REGISTERED REGISTERED(1) (1) OFFERING PRICE (1) FEE
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Debt Securities............... $50,000,000 100% $50,000,000 $13,900
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(1) Estimated solely for the purpose of calculating the registration fee.
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<PAGE> 2
INCORPORATION OF INFORMATION BY REFERENCE
The information in the Registration Statement filed by National City
Corporation (File No. 33-54323) with the Securities and Exchange Commission
pursuant to the Securities Act of 1933, as amended, is incorporated by reference
into this Registration Statement.
<PAGE> 3
SIGNATURES
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, THE REGISTRANT
CERTIFIES THAT IT HAS REASONABLE GROUNDS TO BELIEVE THAT IT MEETS ALL OF THE
REQUIREMENTS FOR FILING ON FORM S-3 AND HAS DULY CAUSED THIS REGISTRATION
STATEMENT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THEREUNTO DULY
AUTHORIZED, IN THE CITY OF CLEVELAND AND THE STATE OF OHIO, AS OF THE 29TH DAY
OF JANUARY, 1999.
NATIONAL CITY CORPORATION
By: /s/ Thomas A. Richlovsky
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Thomas A. Richlovsky
Senior Vice President and Treasurer
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, THIS
REGISTRATION STATEMENT HAS BEEN SIGNED AS OF THE 29TH DAY OF JANUARY, 1999 BY
THE FOLLOWING PERSON IN THE CAPACITIES INDICATED:
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/s/ DAVID A. DABERKO* Chairman and Chief Executive Officer (Principal
- ------------------------------------------------- Executive Officer)
David A. Daberko
/s/ ROBERT G. SIEFERS Vice Chairman and Chief Financial Officer
- ------------------------------------------------- (Principal Financial Officer)
Robert G. Siefers
/s/ THOMAS A. RICHLOVSKY Senior Vice President and Treasurer (Principal
- ------------------------------------------------- Accounting Officer)
Thomas A. Richlovsky
/s/ SANDRA H. AUSTIN*
- -------------------------------------------------
Sandra H. Austin
/s/ JON E. BARFIELD*
- -------------------------------------------------
Jon E. Barfield
/s/ EDWARD B. BRANDON*
- -------------------------------------------------
Edward B. Brandon
/s/ JOHN G. BREEN*
- -------------------------------------------------
John G. Breen
/s/ JAMES S. BROADHURST*
- -------------------------------------------------
James S. Broadhurst
- -------------------------------------------------
John W. Brown
/s/ DUANE E. COLLINS*
- -------------------------------------------------
Duane E. Collins
/s/ DAVID A. DABERKO*
- -------------------------------------------------
David A. Daberko
/s/ DANIEL E. EVANS*
- -------------------------------------------------
Daniel E. Evans
/s/ CLIFFORD L. GREENWALT*
- -------------------------------------------------
Clifford L. Greenwalt
/s/ BERNADINE P. HEALY, M.D.*
- -------------------------------------------------
Bernadine P. Healy, M.D.
/s/ DOROTHY A. JOHNSON*
- -------------------------------------------------
Dorothy A. Johnson
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<PAGE> 4
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/s/ JOSEPH H. LEMIUEX*
- -------------------------------------------------
Joseph H. Lemiuex
- -------------------------------------------------
W. Bruce Lunsford
- -------------------------------------------------
Robert A. Paul
- -------------------------------------------------
William P. Roemer
- -------------------------------------------------
Michael A. Schuler
/s/ STEPHEN A. STITLE*
- -------------------------------------------------
Stephen A. Stitle
- -------------------------------------------------
Jerome F. Tatar
/s/ MORRY WEISS*
- -------------------------------------------------
Morry Weiss
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* Carlton E. Langer, Vice President and Assistant Secretary of the registrant,
as attorney-in-fact, signs this document on behalf of the above-named
directors pursuant to powers of attorney duly executed by such directors and
filed with the Securities and Exchange Commission contemporaneously herewith.
/s/ Carlton E. Langer
------------------------------------------
Carlton E. Langer
Attorney-in-Fact
<PAGE> 5
EXHIBIT INDEX
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<CAPTION>
EXHIBIT
NO. DESCRIPTION
- ------- -----------
<C> <S> <C>
1.1 Underwriting Agreement, dated February 23, 1994 between the
Company and Saloman Brothers Inc., Merrill Lynch & Co. and
Merrill Lynch, Pierce, Fenner & Smith Incorporated (filed as
Exhibit 1.1 to Registrant's Form S-3 Registration Statement
No. 33-54323 dated June 28, 1994 and incorporated by
reference herein)
4.2 Indenture, dated as of February 1, 1994 between the Company
and NBD Bank, as trustee (incorporated by reference to
Exhibit 4.2 of the Registrant's current report on Form 8-K
dated March 2, 1994)
4.3 Form of Notes (included in Exhibit 4.2)
5.1 Opinion of National City Corporation Law Department
12.1 Computation of Ratio of Earnings to Fixed Charges (incorporated by
reference to Exhibit 12.1 of Registrant's Registration Statement on
Form S-3 filed on January 26, 1999)
23.1 Consent of Ernst & Young LLP
23.2 Consent of KPMG LLP
23.3 Consent of National City Corporation Law Department
(contained in Exhibit 5.1)
24.1 Power of Attorney of certain directors and officers
25.1 Statement of Eligibility on Form T-1 (filed as Exhibit 25.2
to the Registrant's Form S-3 Registration Statement No.
33-54323, dated June 28, 1994 and incorporated by reference
herein)
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<PAGE> 1
Exhibit 5.1
[National City Letterhead]
January 29, 1999
Ladies and Gentlemen:
The law department acts as counsel to National City Corporation (the
"Company") and in connection with the Company's issuance and sale of up to
$50,000,000 aggregate principal amount of 5 3/4% Subordinated Notes due 2009
(the "Notes"). The Notes are being registered pursuant to Rule 462(b) of the
Securities Act of 1933, as amended, relating to the Registration Statement
on Form S-3 (File No. 33-54323) (the "Registration Statement") filed by the
Company with the Securities and Exchange Commission (the "Commission") on June
28, 1994, including the prospectus contained therein. The prospectus contained
in the Registration Statement is incorporated by reference into the 462(b)
filing. We are familiar with the proceedings heretofore taken, and are familiar
with the additional proceedings proposed to be taken, by the Company in
connection with the authorization, issuance, authentication and sale of the
Notes.
We have examined such documents, records and matters of law as we have
deemed necessary for purposes of this opinion. In our examination, we have
assumed the validity of all signatures, the legal capacity of all natural
persons, the authenticity of all documents submitted to us as originals, the
conformity to original documents of all documents submitted to us as certified
or photostatic copies, and the authenticity of the originals of such copies.
Based on the foregoing we are of the opinion that:
1. The Indenture filed as Exhibit 4.2 to the Registration
Statement (the "Indenture") constitutes a valid and binding
instrument of the Company and will comply with the requirements
of the Trust Indenture Act of 1939.
2. The Notes have been duly authorized and, when duly executed and
authenticated in accordance with the provisions of the
Indenture and when delivered and paid for, will constitute
valid and binding obligations of the Company and will be
entitled to the benefits of the Indenture.
We hereby consent to the filing of this opinion as Exhibit 5.1 to the
Registration Statement and to the reference to us, as counsel for the Company
under the caption "Legal Opinions" in the Prospectus Supplement comprising a
part of such Registration Statement.
Very truly yours,
/s/ David L. Zoeller
David L. Zoeller
Senior Vice President and General Counsel
<PAGE> 1
Exhibit 23.1
Consent of Independent Auditors
We consent to the reference to our firm under the caption "Experts" in the
Prospectus Supplement and to the incorporation by reference in the Registration
Statement on Form S-3 of National City Corporation for the registration of $50
million of Senior and Subordinated Debt Securities and the Registration
Statement (Form S-3 No. 33-54323) of our report dated January 21, 1999, with
respect to the consolidated financial statements of National City Corporation
included in its Annual Report (Form 10-K) for the year ended December 31, 1998.
/s/ Ernst & Young LLP
Cleveland, Ohio
January 29, 1999
<PAGE> 1
Exhibit 23.2
CONSENT OF INDEPENDENT ACCOUNTANTS
----------------------------------
The Board of Directors
National City Corporation:
We consent to the incorporation by reference, in the Registration Statement on
Form S-3 of National City Corporation for the registration of $50 million of
Senior and Subordinated Debt Securities, of our report dated January 20, 1998,
with respect to the consolidated financial statements of First of America Bank
Corporation included in the Annual Report (Form 10-K) for the year ended
December 31, 1998 of National City Corporation.
/s/ KPMG LLP
Chicago, Illinois
January 25, 1999
<PAGE> 1
Exhibit 24.1
DIRECTORS AND OFFICERS OF
NATIONAL CITY CORPORATION
REGISTRATION STATEMENT ON FORM S-3
POWER OF ATTORNEY
The undersigned Directors and Officers of National City Corporation, a
Delaware corporation (the "Corporation"), hereby constitute and appoint David L.
Zoeller, Carlton E. Langer and Thomas A. Richlovsky, and each of them, with full
power of substitution and resubstitution, as attorneys or attorney to sign for
us and in our names, in the capacities indicated below, under the Securities Act
of 1933, as amended, a Registration Statement on Form S-3 relating to the
registration of debt securities and any and all amendments and exhibits thereto,
including post-effective amendments, and any and all applications or other
documents to be filed with the Securities and Exchange Commission pertaining
thereto, with full power and authority to do and perform any and all acts and
things whatsoever required and necessary to be done in the premises, as fully to
all intents and purposes as we could do if personally present, hereby ratifying
and approving the acts of said attorneys, and any of them, and any such
substitute.
EXECUTED this 21st day of December, 1998.
/s/ Sandra H. Austin Director
- -----------------------------------
Sandra H. Austin
/s/ Jon E. Barfield Director
- -----------------------------------
Jon E. Barfield
/s/ Edward B. Brandon Director
- -----------------------------------
Edward B. Brandon
/s/ John G. Breen Director
- -----------------------------------
John G. Breen
/s/ James S. Broadhurst Director
- -----------------------------------
James S. Broadhurst
Director
- -----------------------------------
John W. Brown
<PAGE> 2
/s/ Duane E. Collins Director
- -----------------------------------
Duane E. Collins
/s/ David A. Daberko Chairman of the Board and Chief
- ----------------------------------- Executive Officer (Principal Executive
David A Daberko Officer)
/s/ Daniel E. Evans Director
- -----------------------------------
Daniel E. Evans
/s/ Clifford L. Greenwalt Director
- -----------------------------------
Clifford L. Greenwalt
/s/ Bernadine P. Healy, M.D. Director
- -----------------------------------
Bernadine P. Healy, M.D.
/s/ Dorothy A. Johnson Director
- -----------------------------------
Dorothy A. Johnson
/s/ Joseph H. Lemieux Director
- -----------------------------------
Joseph H. Lemieux
Director
- -----------------------------------
W. Bruce Lunsford
/s/ Robert A. Paul Director
- -----------------------------------
Robert A. Paul
/s/ William F. Roemer Director
- -----------------------------------
William F. Roemer
/s/ Michael A. Schuler Director
- -----------------------------------
Michael A. Schuler
2
<PAGE> 3
/s/ Stephen A. Stitle Director
- -----------------------------------
Stephen A. Stitle
/s/ Jerome F. Tatar Director
- -----------------------------------
Jerome F. Tatar
/s/ Morry Weiss Director
- -----------------------------------
Morry Weiss
3
