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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 29, 1998
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AMERICREDIT CORP.
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(Exact name of registrant as specified in its charter)
Texas 1-10667 75-2291093
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(State or other jurisdiction of (Commission File (IRS Employer
incorporation) Number Identification Number)
200 Bailey Avenue, Fort Worth, Texas 76107
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (817) 332-7000
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(Not Applicable)
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(Former name or former address, if changed since last report)
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Item 5. Other Events
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The Registrant files herewith the exhibit listed in Item 7(c) below.
Item 7(c). Exhibits
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The following exhibit is furnished in accordance with Item 601 of
Regulation S-K:
99 Press Release
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AMERICREDIT CORP.
(Registrant)
Date: January 29, 1998 By: /s/Daniel E. Berce
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Daniel E. Berce
Vice Chairman of the Board and Chief
Financial Officer
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INDEX TO EXHIBITS
Exhibit Sequentially
No. Exhibit Numbered Page
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99 Press Release
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FOR IMMEDIATE RELEASE
Contact: Kim Welch
Investor Relations Manager
(817) 882-7009
AMERICREDIT CORP.
COMPLETES $50 MILLION
PRIVATE SENIOR UNSECURED DEBT OFFERING
FORT WORTH, TEXAS January 29,1998 -- AMERICREDIT CORP. (NYSE: ACF) announced
today that it has completed the private issuance of $50 million of 9 1/4% Senior
Notes due 2004 to certain qualified institutional buyers. The Notes, which are
unsecured, were priced at 98.785% to yield 9.52%. The proceeds will be used to
fund the Company's growth, including increasing the amount of automobile and
other loans the Company can purchase and hold for pooling and sale in the
asset-backed securities market.
The Notes sold by AmeriCredit in the private placement have not been registered
under the Securities Act of 1933, as amended, and may not be offered or sold in
the United States absent such registration or an applicable exemption from such
registration requirements.
AmeriCredit is a national consumer finance company specializing in purchasing,
securitizing and servicing automobile sales finance contracts and originating
and selling home equity loans.
