For SEC Filing Purposes:
Filed under Rule 424(b)(3)
Registration Nos. 33-54861; 33-54861-01
33-38505; 33-38505-01
PRICING SUPPLEMENT FOR MEDIUM-TERM NOTES, SERIES C
(Fixed Rate Only)
Supplement No. 15 Dated: April 11, 1995
(To Prospectus dated February 3, 1995 and Prospectus Supplement
dated March 8, 1995)
[UNOCAL LOGO]
Union Oil Company of California
Medium-Term Notes, Series C
Payment of Principal, Interest and Premium, if any, Guaranteed by
Unocal Corporation
Due Nine Months or more from Date of Issue
Interest Payable each January 31 and July 31,
on any Redemption Date, any Repayment Date and the Stated Maturity
Form:
[X] Book-Entry Principal Amount: $10,000,000.00
[ ] Certificated Interest Rate: 7.90%
Trade Date: April 11, 1995 Issue Price: 100.0%
Original Issuance Date: April 19, 1995 Agent's Commissions
or Discounts: 0.60%
Stated Maturity: April 18, 2008 Proceeds to Company: 99.40%
Agent: UBS Securities Inc
Redemption:
[X] The Note(s) cannot be redeemed prior to maturity
[ ] The Note(s) may be redeemed prior to maturity
Earliest Redemption Date:
Redemption Price: __________ %
Annual Redemption Price Reduction: __________ %
Sinking Fund Redemption Dates:
Sinking Fund Amount:
Repayment:
[X] The Note(s) cannot be repaid prior to maturity
[ ] The Note(s) may be repaid prior to maturity at the option of
the holder
Repayment Date(s):
Repayment Price: __________ %
Discount Note: [ ] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
[X] Agent is acting as agent for the sale of Note(s) at a Price to the
Public of (check one)
[ ] 100% of the Principal Amount
[ ] __________ % of the Principal Amount
[ ] Agent is purchasing the Note(s) as principal for resale to investors
and other purchasers at (check one and complete as necessary):
[ ] a fixed public offering price of 100% of the Principal Amount.
[ ] a fixed public offering price of ____________ % of the
Principal Amount.
[ ] varying prices, related to prevailing market prices at the
time of resale, determined by such Agent.
Other Terms (if applicable):