Pricing Supplement No. 2 Rule 424(b)(2)
DATED: 3/13/95 Registration No. 33-56839
(To Prospectus Supplement dated January 17, 1995, including the
Prospectus dated December 21, 1994)
$900,000,000
USL CAPITAL CORPORATION*
MEDIUM-TERM NOTES, SERIES D
Due from Nine Months to 30 Years from Date of Issue
Floating Rate Note [ ] 7.33%
Fixed Rate Note [x]
Global Security: [x] Yes [ ] No
Principal Amount: $25,000,000
Settlement Date: 3/20/95 Maturity Date: 3/20/98
Interest Accrual Date: 3/20/95
New Maturity Date(s): N/A
Notice of Renewal Date(s): N/A
Issue Price:
Specified Currency: U.S. Dollars
Exchange Rate Agent: N/A
Historical Exchange Rate: N/A
Redemption Dates: N/A
Redemption Price(s): N/A
Authorized Denominations ( if other than denominations of $1,000
and integral multiples of $1,000 in excess thereof in U.S.
Dollars): N/A
Repayment Date(s): N/A
Repayment Price(s): N/A
Interest Payment Period: Semi-Annually
Interest Payment Dates: 6/1,12/1
(Only applicable to Floating Rate Notes)
Initial Interest Rate:
Index Maturity:
Base Rate(s):
If LIBOR, Designated LIBOR Page:
[ ] LIBOR Reuters
[ ] LIBOR Telerate
Index Currency:
Interest Reset Period:
Interest Reset Dates:
Spread (plus or minus):
Spread Multiplier:
Maximum Interest Rate:
Minimum Interest Rate:
Calculation Agent:
Original Issue Discount Note:
[ ] Yes [x] No
(Only Applicable to Original Issue Discount Notes):
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period OID:
Method to Determine Yield to Maturity
and Initial Accrual Period OID:
Trade Date: 3/13/95
Name of Agent: Goldman, Sachs & Co.
Agent's Discount or Commission: $62,500
Net Proceeds to Company: $24,937,500
[x] Agent is Acting as Agent for the Sale of Notes
by the Company at a Price to the Public of
[x] 100% of Principal
[ ]___% of Principal
[ ] Agent is Purchasing Notes from the Company as Principle
for Resale to investors and Other Purchasers at:
[ ] a fixed initial public offering price of
100% of the Principal Amount
[ ] a fixed initial public offering price of
___% of the Principal Amount
[ ] varying prices relating to prevailing market prices
at time of resale to be determined by Agent
Cusip Number: 90330QAB0
Additional Terms:
