Filed Pursuant to Rule 424(b)(3)
Registration Nos. 33-50385, 33-52421 and 33-55787
PRICING SUPPLEMENT NO. 7, dated November 29, 1994
(To Prospectus dated November 1, 1994 and
Prospectus Supplement dated November 1, 1994)
$1,200,000,000
Chrysler Financial Corporation
Medium-Term Notes, Series M
Floating Rate Notes
Due 9 Months or More From Date of Issue
Principal Amount: $50,000,000
Issue Price: 100%
Calculation Agent: First Trust Company of New York, N.A.
Original Issue Date: December 6, 1994
Stated Maturity: December 18, 1996
Initial Interest Rate: to be determined on December 2, 1994
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)
Base Rate:
[ ] Commercial Paper Rate [X] LIBOR [ ] Treasury Rate [ ] CD Rate
[ ] Federal Funds Rate [ ] Prime Rate [ ] Other (see attachment
hereto)
If LIBOR, Designated Page: [X] Reuters Page [ ] Telerate Page
If LIBOR, Index Currency: U.S. Dollars
Interest Reset Period: monthly
Interest Reset Dates: the third Wednesday of each month
Interest Payment Period: monthly
Interest Payment Dates: the third Wednesday of each month, commencing
December 21, 1994
Index Maturity: one month
Spread (+/-): +.1875%
Spread Multiplier: n/a
Maximum Interest Rate: n/a
Minimum Interest Rate: n/a
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: .25%
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: