[SIGNATURE]
EXHIBIT I
_________
AGREEMENT TO FURNISH INFORMATION DEFINING
_________________________________________
THE RIGHTS OF DEBT HOLDERS
__________________________
Securities and Exchange Commission
000 Xxxxx Xxxxxx
Xxxxxxxxxx, X.X. 00000
Subject: IBM Credit Corporation Annual Report on Form 10-K for
the fiscal year ended December 31, 1997 - File No. 1-8175
Ladies and Gentlemen:
IBM Credit Corporation (the Company) including its
subsidiaries does not have outstanding any instrument other
than the Indenture dated January 15, 1989, as filed
electronically as Exhibit No. 4 to Form S-3 with the
Securities and Exchange Commission on April 3, 1989,
defining the rights of the holders of its long-term debt
under which the total amount of securities authorized
exceeds 10 percent of the total assets of the Company and
its subsidiaries on a consolidated basis.
In accordance with paragraph (b)(4)(iii) of Item 601 of
Regulation S-K, the Company hereby agrees to furnish to the
Securities and Exchange Commission, upon request, a copy of
each instrument that defines the rights of the holders of
its long-term debt.
Very truly yours,
IBM CREDIT CORPORATION
By: /s/Xxxxxxxx X. Xxxxxxx
_____________________________
Date: March 27, 1998 (Xxxxxxxx X. Xxxxxxx)
Vice President, Finance
and Chief Financial Officer
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