Ford Motor Credit Co &lt;F> is raising200 mln marks through a five-year eurobond with currency
warrants attached, carrying a coupon of 5-3/4 pct and priced at
116-3/4, lead manager Deutsche Bank AG said.
    The issue will be sold in denominations of 1,000 and 10,000
marks and listed in Frankfurt. Each 1,000 mark bond carries two
warrants which can be converted into 500 dlrs each at an
exchange rate of 1.86 marks. The exercise period runs from
April 8, 1987 until March 6, 1989.
    Fees total two pct, with 1-1/4 pct for selling and 3/8 pct
each for management and underwriting.
    Each 10,000 mark bond carries two warrants which can be
converted into 5,000 dlrs each on the same terms as the
warrants for the 1,000 mark bonds, Deutsche said.
    The bond pays interest annually on March 25 and matures on
the same date in 1992. Payment date is also March 25.
    A management group is currently being formed.
 Reuter
