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):
February 25, 1997
SEARS ROEBUCK ACCEPTANCE CORP.
(Exact name of registrant as specified in charter)
Delaware 1-4040 51-0080535
(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
3711 Kennett Pike, Greenville, Delaware 19807
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (302) 888-3112
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Item 5. Other Events.
On February 25, 1997, Registrant issued $300,000,000
aggregate principal amount of Registrant's 6.625% Notes due
February 25, 2002 (the "Notes") pursuant to a Subscription
Agreement executed February 24, 1997, among the Registrant,
Sears, Roebuck and Co. ("Sears") and J.P. Morgan Securities
Limited, ABN AMRO Bank N.V., Credit Suisse First Boston (Europe)
Limited, Goldman Sachs International, UBS Limited, Banque
Brussels Lambert S.A., Banca Commerciale Italiana, Banque
Paribas, Barclays de Zoete Wedd Limited, Deutsche Bank AG London,
Merrill Lynch International, Morgan Stanley & Co. International
Limited and Salomon Brothers International. The Notes were sold
to the public at an issue price of 101.421%, with a combined
management and underwriting commission of 0.325% and a selling
concession of 1.55%, pursuant to exemptions from registration under
Regulation S of the Securities Act of 1933, as amended.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, as amended, the Registrant has duly caused this report
to be signed on its behalf by the undersigned thereunto duly
authorized.
SEARS ROEBUCK ACCEPTANCE CORP.
Date: February 27, 1997 By: /S/Stephen D. Carp
STEPHEN D. CARP
Vice President, Finance
and Assistant Secretary
