-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JF2xz9UuG8G9eJ//5GOyWjpNZj8MwHm9kiJ5b0tQtWD2LTFbitGDmkpG+brwaKKa qiMsJAeQtoATc6jgytoK4A== 0000895345-97-000359.txt : 19971008 0000895345-97-000359.hdr.sgml : 19971008 ACCESSION NUMBER: 0000895345-97-000359 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971007 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: COUNTRYWIDE HOME LOANS INC CENTRAL INDEX KEY: 0000814509 STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162] IRS NUMBER: 132631719 STATE OF INCORPORATION: NY FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-31529 FILM NUMBER: 97691779 BUSINESS ADDRESS: STREET 1: 4500 PARK GRANADA BLVD CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 8182253000 MAIL ADDRESS: STREET 1: 4500 PARK GRANADA CITY: CALABASAS STATE: CA ZIP: 91302 FORMER COMPANY: FORMER CONFORMED NAME: COUNTRYWIDE FUNDING CORP DATE OF NAME CHANGE: 19931018 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COUNTRYWIDE CREDIT INDUSTRIES INC CENTRAL INDEX KEY: 0000025191 STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162] IRS NUMBER: 132641992 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-31529-01 FILM NUMBER: 97691780 BUSINESS ADDRESS: STREET 1: 4500 PARK GRANADA BLVD CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 8182253000 MAIL ADDRESS: STREET 1: 4500 PARK GRANADA BLVD CITY: CALABASAS STATE: CA ZIP: 91302 424B3 1 Rule 424(b)(3) File Nos. 333-31529 and 333-31529-01 PRICING SUPPLEMENT NO. 2 DATED OCTOBER 1, 1997 (To Prospectus Dated August 12, 1997, as Supplemented August 15, 1997) COUNTRYWIDE HOME LOANS, INC. MEDIUM-TERM NOTES, SERIES F DUE NINE MONTHS OR MORE FROM DATE OF ISSUE PAYMENT OF PRINCIPAL, PREMIUM, IF ANY, AND INTEREST FULLY AND UNCONDITIONALLY GUARANTEED BY COUNTRYWIDE CREDIT INDUSTRIES, INC. FLOATING RATE NOTES ------------------- Trade Date: October 1, 1997 Book Entry: |X| Issue Price: 100% Certificated: |_| Original Issue Date: October 6, 1997 Principal Amount: $75,000,000 Stated Maturity Date: October 6, 1999 Net Proceeds: $74,812,500 Specified Currency:U.S. Dollars Base |_| Commercial Paper |X| LIBOR |_| Certificate of Rate(s): Rate Telerate Page 3750 Deposit Rate |_| Treasury Rate |_| Federal Funds Rate |_| Prime Rate |_| CMT Rate |_| Eleventh District |_| Other District Cost of Funds Rate Exchange Rate Agent: N/A Minimum Denomination: $100,000 Maximum Interest Rate: N/A Initial Interest Rate: 5.59266% Minimum Interest Rate: N/A Interest Determination Dates: Two Interest Factor Convention: N/A Business Days prior to each Index Maturity: Three months Interest Payment Date Spread (plus or minus): N/A Interest Reset Dates: Same as Interest Spread Multiplier: N/A Payment Dates Fixed Rate Commencement Date: N/A Interest Payment Dates: Every January Fixed Interest Rate: N/A 6, April 6, July 6 and October 6, commencing January 6, 1998 Agent: Merrill Lynch & Co. Calculation Agent: The Bank of New York Redemption: Repayment: Check box opposite applicable Check box opposite applicable paragraph: paragraph: |X| The Notes cannot be |X| The Notes cannot be redeemed prior to maturity. be repaid prior to maturity. |_| The Notes may be redeemed |_| The Notes may be prior to maturity. repaid prior to maturity. Initial Redemption Date: Optional Repayment Dates: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Additional/Other Terms: N/A ------------------- The Notes to which this Pricing Supplement relates will constitute unsecured and unsubordinated indebtedness of CHL and will rank pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness. As of May 31, 1997 the Guarantor did not have any secured indebtedness outstanding, and CHL had $373,216,000 aggregate principal amount of secured indebtedness outstanding. As of such date, CHL had $6,087,479,000 aggregate principal amount of unsecured and unsubordinated indebtedness outstanding, which indebtedness ranked pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness and will rank pari passu in right of payment with the Notes to which this Pricing Supplement relates. Rule 424(b)(3) File Nos. 333-31529 and 333-31529-01 PRICING SUPPLEMENT NO. 3 DATED OCTOBER 3, 1997 (To Prospectus Dated August 12, 1997, as Supplemented August 15, 1997) COUNTRYWIDE HOME LOANS, INC. MEDIUM-TERM NOTES, SERIES F DUE NINE MONTHS OR MORE FROM DATE OF ISSUE PAYMENT OF PRINCIPAL, PREMIUM, IF ANY, AND INTEREST FULLY AND UNCONDITIONALLY GUARANTEED BY COUNTRYWIDE CREDIT INDUSTRIES, INC. FIXED RATE NOTES ---------------- Trade Date: October 3, 1997 Book Entry: |X| Issue Price: 100% Certificated: |_| Original Issue Date: October 8, 1997 Principal Amount: $35,000,000 Stated Maturity Date: October 8, 2002 Net Proceeds: $34,825,000 Interest Rate: 6.38% Specified Currency:U.S. Dollars Exchange Rate Agent: N/A Agent: Lehman Brothers Inc. Minimum Denomination: $100,000 Interest Payment Dates: January 15 and July 15, commencing January 15, 1998 Record Dates: December 31 and June 30 Redemption: Repayment: Check box opposite applicable Check box opposite applicable paragraph: paragraph: |X| The Notes cannot be |X| The Notes cannot be redeemed prior to maturity. be repaid prior to maturity. |_| The Notes may be redeemed |_| The Notes may be prior to maturity. repaid prior to maturity. Initial Redemption Date: Optional Repayment Dates: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Additional/Other Terms: N/A ------------------- The Notes to which this Pricing Supplement relates will constitute unsecured and unsubordinated indebtedness of CHL and will rank pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness. As of May 31, 1997, the Guarantor did not have any secured indebtedness outstanding, and CHL had $373,216,000 aggregate principal amount of secured indebtedness outstanding. As of such date, CHL had $6,087,479,000 aggregate principal amount of unsecured and unsubordinated indebtedness outstanding, which indebtedness ranked pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness and will rank pari passu in right of payment with the Notes to which this Pricing Supplement relates. Rule 424(b)(3) File Nos. 333-31529 and 333-31529-01 PRICING SUPPLEMENT NO. 4 DATED OCTOBER 3, 1997 (To Prospectus Dated August 12, 1997, as Supplemented August 15, 1997) COUNTRYWIDE HOME LOANS, INC. MEDIUM-TERM NOTES, SERIES F DUE NINE MONTHS OR MORE FROM DATE OF ISSUE PAYMENT OF PRINCIPAL, PREMIUM, IF ANY, AND INTEREST FULLY AND UNCONDITIONALLY GUARANTEED BY COUNTRYWIDE CREDIT INDUSTRIES, INC. FIXED RATE NOTES ---------------- Trade Date: October 3, 1997 Book Entry: |X| Issue Price: 100% Certificated: |_| Original Issue Date: October 8, 1997 Principal Amount: $20,000,000 Stated Maturity Date: October 8, 2002 Net Proceeds: $19,900,000 Interest Rate: 6.38% Specified Currency:U.S. Dollars Exchange Rate Agent: N/A Agent: Salomon Brothers Inc Minimum Denomination: $100,000 Interest Payment Dates: January 15 and July 15, commencing January 15, 1998 Record Dates: December 31 and June 30 Redemption: Repayment: Check box opposite applicable Check box opposite applicable paragraph: paragraph: |X| The Notes cannot be |X| The Notes cannot be redeemed prior to maturity. be repaid prior to maturity. |_| The Notes may be redeemed |_| The Notes may be prior to maturity. repaid prior to maturity. Initial Redemption Date: Optional Repayment Dates: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Additional/Other Terms: N/A ------------------- The Notes to which this Pricing Supplement relates will constitute unsecured and unsubordinated indebtedness of CHL and will rank pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness. As of May 31, 1997, the Guarantor did not have any secured indebtedness outstanding, and CHL had $373,216,000 aggregate principal amount of secured indebtedness outstanding. As of such date, CHL had $6,087,479,000 aggregate principal amount of unsecured and unsubordinated indebtedness outstanding, which indebtedness ranked pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness and will rank pari passu in right of payment with the Notes to which this Pricing Supplement relates. Rule 424(b)(3) File Nos. 333-31529 and 333-31529-01 PRICING SUPPLEMENT NO. 5 DATED OCTOBER 3, 1997 (To Prospectus Dated August 12, 1997, as Supplemented August 15, 1997) COUNTRYWIDE HOME LOANS, INC. MEDIUM-TERM NOTES, SERIES F DUE NINE MONTHS OR MORE FROM DATE OF ISSUE PAYMENT OF PRINCIPAL, PREMIUM, IF ANY, AND INTEREST FULLY AND UNCONDITIONALLY GUARANTEED BY COUNTRYWIDE CREDIT INDUSTRIES, INC. FIXED RATE NOTES ---------------- Trade Date: October 3, 1997 Book Entry: |X| Issue Price: 100% Certificated: |_| Original Issue Date: October 8, 1997 Principal Amount: $20,000,000 Stated Maturity Date: October 8, 2002 Net Proceeds: $19,900,000 Interest Rate: 6.38% Specified Currency:U.S. Dollars Exchange Rate Agent: N/A Agent: Goldman, Sachs & Co. Minimum Denomination: $100,000 Interest Payment Dates: January 15 and July 15, commencing January 15, 1998 Record Dates: December 31 and June 30 Redemption: Repayment: Check box opposite applicable Check box opposite applicable paragraph: paragraph: |X| The Notes cannot be |X| The Notes cannot be redeemed prior to maturity. be repaid prior to maturity. |_| The Notes may be redeemed |_| The Notes may be prior to maturity. repaid prior to maturity. Initial Redemption Date: Optional Repayment Dates: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Additional/Other Terms: N/A ------------------- The Notes to which this Pricing Supplement relates will constitute unsecured and unsubordinated indebtedness of CHL and will rank pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness. As of May 31, 1997, the Guarantor did not have any secured indebtedness outstanding, and CHL had $373,216,000 aggregate principal amount of secured indebtedness outstanding. As of such date, CHL had $6,087,479,000 aggregate principal amount of unsecured and unsubordinated indebtedness outstanding, which indebtedness ranked pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness and will rank pari passu in right of payment with the Notes to which this Pricing Supplement relates. Rule 424(b)(3) File Nos. 333-31529 and 333-31529-01 PRICING SUPPLEMENT NO. 6 DATED OCTOBER 3, 1997 (To Prospectus Dated August 12, 1997, as Supplemented August 15, 1997) COUNTRYWIDE HOME LOANS, INC. MEDIUM-TERM NOTES, SERIES F DUE NINE MONTHS OR MORE FROM DATE OF ISSUE PAYMENT OF PRINCIPAL, PREMIUM, IF ANY, AND INTEREST FULLY AND UNCONDITIONALLY GUARANTEED BY COUNTRYWIDE CREDIT INDUSTRIES, INC. FIXED RATE NOTES ---------------- Trade Date: October 3, 1997 Book Entry: |X| Issue Price: 100% Certificated: |_| Original Issue Date: October 8, 1997 Principal Amount: $25,000,000 Stated Maturity Date: October 8, 2002 Net Proceeds: $24,875,000 Interest Rate: 6.38% Specified Currency:U.S. Dollars Exchange Rate Agent: N/A Agent: Merrill Lynch & Co. Minimum Denomination: $100,000 Interest Payment Dates: January 15 and July 15, commencing January 15, 1998 Record Dates: December 31 and June 30 Redemption: Repayment: Check box opposite applicable Check box opposite applicable paragraph: paragraph: |X| The Notes cannot be |X| The Notes cannot be redeemed prior to maturity. be repaid prior to maturity. |_| The Notes may be redeemed |_| The Notes may be prior to maturity. repaid prior to maturity. Initial Redemption Date: Optional Repayment Dates: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Additional/Other Terms: N/A ------------------- The Notes to which this Pricing Supplement relates will constitute unsecured and unsubordinated indebtedness of CHL and will rank pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness. As of May 31, 1997, the Guarantor did not have any secured indebtedness outstanding, and CHL had $373,216,000 aggregate principal amount of secured indebtedness outstanding. As of such date, CHL had $6,087,479,000 aggregate principal amount of unsecured and unsubordinated indebtedness outstanding, which indebtedness ranked pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness and will rank pari passu in right of payment with the Notes to which this Pricing Supplement relates. Rule 424(b)(3) File Nos. 333-31529 and 333-31529-01 PRICING SUPPLEMENT NO. 7 DATED OCTOBER 3, 1997 (To Prospectus Dated August 12, 1997, as Supplemented August 15, 1997) COUNTRYWIDE HOME LOANS, INC. MEDIUM-TERM NOTES, SERIES F DUE NINE MONTHS OR MORE FROM DATE OF ISSUE PAYMENT OF PRINCIPAL, PREMIUM, IF ANY, AND INTEREST FULLY AND UNCONDITIONALLY GUARANTEED BY COUNTRYWIDE CREDIT INDUSTRIES, INC. FIXED RATE NOTES ---------------- Trade Date: October 3, 1997 Book Entry: |X| Issue Price: 100% Certificated: |_| Original Issue Date: October 8, 1997 Principal Amount: $20,000,000 Stated Maturity Date: October 8, 2002 Net Proceeds: $19,900,000 Interest Rate: 6.38% Specified Currency:U.S. Dollars Exchange Rate Agent: N/A Agent: Countrywide Securities Corp. Minimum Denomination: $100,000 Interest Payment Dates: January 15 and July 15, commencing January 15, 1998 Record Dates: December 31 and June 30 Redemption: Repayment: Check box opposite applicable Check box opposite applicable paragraph: paragraph: |X| The Notes cannot be |X| The Notes cannot be redeemed prior to maturity. be repaid prior to maturity. |_| The Notes may be redeemed |_| The Notes may be prior to maturity. repaid prior to maturity. Initial Redemption Date: Optional Repayment Dates: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Additional/Other Terms: N/A ------------------- The Notes to which this Pricing Supplement relates will constitute unsecured and unsubordinated indebtedness of CHL and will rank pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness. As of May 31, 1997, the Guarantor did not have any secured indebtedness outstanding, and CHL had $373,216,000 aggregate principal amount of secured indebtedness outstanding. As of such date, CHL had $6,087,479,000 aggregate principal amount of unsecured and unsubordinated indebtedness outstanding, which indebtedness ranked pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness and will rank pari passu in right of payment with the Notes to which this Pricing Supplement relates. Rule 424(b)(3) File Nos. 333-31529 and 333-31529-01 PRICING SUPPLEMENT NO. 8 DATED OCTOBER 3, 1997 (To Prospectus Dated August 12, 1997, as Supplemented August 15, 1997) COUNTRYWIDE HOME LOANS, INC. MEDIUM-TERM NOTES, SERIES F DUE NINE MONTHS OR MORE FROM DATE OF ISSUE PAYMENT OF PRINCIPAL, PREMIUM, IF ANY, AND INTEREST FULLY AND UNCONDITIONALLY GUARANTEED BY COUNTRYWIDE CREDIT INDUSTRIES, INC. FIXED RATE NOTES ---------------- Trade Date: October 3, 1997 Book Entry: |X| Issue Price: 100% Certificated: |_| Original Issue Date: October 8, 1997 Principal Amount: $20,000,000 Stated Maturity Date: October 8, 2002 Net Proceeds: $19,900,000 Interest Rate: 6.38% Specified Currency:U.S. Dollars Exchange Rate Agent: N/A Agent: NationsBanc Capital Markets, Inc. Minimum Denomination: $100,000 Interest Payment Dates: January 15 and July 15, commencing January 15, 1998 Record Dates: December 31 and June 30 Redemption: Repayment: Check box opposite applicable Check box opposite applicable paragraph: paragraph: |X| The Notes cannot be |X| The Notes cannot be redeemed prior to maturity. be repaid prior to maturity. |_| The Notes may be redeemed |_| The Notes may be prior to maturity. repaid prior to maturity. Initial Redemption Date: Optional Repayment Dates: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Additional/Other Terms: N/A ------------------- The Notes to which this Pricing Supplement relates will constitute unsecured and unsubordinated indebtedness of CHL and will rank pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness. As of May 31, 1997, the Guarantor did not have any secured indebtedness outstanding, and CHL had $373,216,000 aggregate principal amount of secured indebtedness outstanding. As of such date, CHL had $6,087,479,000 aggregate principal amount of unsecured and unsubordinated indebtedness outstanding, which indebtedness ranked pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness and will rank pari passu in right of payment with the Notes to which this Pricing Supplement relates. Rule 424(b)(3) File Nos. 333-31529 and 333-31529-01 PRICING SUPPLEMENT NO. 9 DATED OCTOBER 3, 1997 (To Prospectus Dated August 12, 1997, as Supplemented August 15, 1997) COUNTRYWIDE HOME LOANS, INC. MEDIUM-TERM NOTES, SERIES F DUE NINE MONTHS OR MORE FROM DATE OF ISSUE PAYMENT OF PRINCIPAL, PREMIUM, IF ANY, AND INTEREST FULLY AND UNCONDITIONALLY GUARANTEED BY COUNTRYWIDE CREDIT INDUSTRIES, INC. FIXED RATE NOTES ---------------- Trade Date: October 3, 1997 Book Entry: |X| Issue Price: 100% Certificated: |_| Original Issue Date: October 8, 1997 Principal Amount: $10,000,000 Stated Maturity Date: October 8, 2002 Net Proceeds: $ 9,950,000 Interest Rate: 6.38% Specified Currency:U.S. Dollars Exchange Rate Agent: N/A Agent: J.P. Morgan Securities Inc. Minimum Denomination: $100,000 Interest Payment Dates: January 15 and July 15, commencing January 15, 1998 Record Dates: December 31 and June 30 Redemption: Repayment: Check box opposite applicable Check box opposite applicable paragraph: paragraph: |X| The Notes cannot be |X| The Notes cannot be redeemed prior to maturity. be repaid prior to maturity. |_| The Notes may be redeemed |_| The Notes may be prior to maturity. repaid prior to maturity. Initial Redemption Date: Optional Repayment Dates: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Additional/Other Terms: N/A ------------------- The Notes to which this Pricing Supplement relates will constitute unsecured and unsubordinated indebtedness of CHL and will rank pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness. As of May 31, 1997, the Guarantor did not have any secured indebtedness outstanding, and CHL had $373,216,000 aggregate principal amount of secured indebtedness outstanding. As of such date, CHL had $6,087,479,000 aggregate principal amount of unsecured and unsubordinated indebtedness outstanding, which indebtedness ranked pari passu in right of payment with CHL's other unsecured and unsubordinated indebtedness and will rank pari passu in right of payment with the Notes to which this Pricing Supplement relates. -----END PRIVACY-ENHANCED MESSAGE-----