Filed Pursuant to Rule 424(b)(3)
Registration No. 33-50385
PRICING SUPPLEMENT NO. 15, dated January 20, 1994
(To Prospectus dated October 7, 1993 and
Prospectus Supplement dated January 5, 1994)
$1,200,000,000
Chrysler Financial Corporation
Medium-Term Notes, Series M
Fixed Rate Notes
Due 9 Months or More From Date of Issue
Principal Amount: $10,000,000
Issue Price: 100%
Original Issue Date: January 27, 1994
Stated Maturity: January 27, 1998
Interest Rate: 5.41%
Interest Payment Dates: January 15 and July 15
Specified Currency: U.S. Dollars
(If other than U.S. Dollars, see attachment hereto)
Option to Receive Payments in Specified Currency: [ ] Yes [ ] No
(Applicable only if Specified Currency is other than U.S. Dollars)
Authorized Denominations:
(Applicable only if Specified Currency is other than U.S. Dollars)
Redemption: [X] The Notes cannot be redeemed prior to maturity.
[ ] The Notes may be redeemed prior to maturity.
Initial Redemption Date:
The Redemption Price shall initially be % of the principal amount of the
Notes to be redeemed and shall decline at each anniversary of the initial
Redemption Date by % of the principal amount to be redeemed until the
Redemption Price is 100% of such principal amount.
Repayment: [X] The Notes cannot be repaid prior to maturity.
[ ] The Notes can be repaid prior to maturity at the option of
the holder of the Notes.
Optional Repayment Date(s):
Repayment Price:
Discount Notes: [ ] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period OID:
Agent's Discount or Commission: .45%
Agent's Capacity: [X] Agent [ ] Principal
Net proceeds to Company (if sale to Agent as principal):
Agent: [ ] Merrill Lynch & Co. [X] Salomon Brothers Inc
[ ] Other: