Filed Pursuant to Rule 424(b)(3)
Registration Nos. 33-52421 and 33-55787
PRICING SUPPLEMENT NO. 120, dated November 7, 1995
(To Prospectus dated February 14, 1995 and
Prospectus Supplement dated April 5, 1995)
$2,500,000,000
Chrysler Financial Corporation
Medium-Term Notes, Series P
Floating Rate Notes
Due 9 Months or More From Date of Issue
Principal Amount: $5,000,000
Issue Price: 100%
Calculation Agent: First Trust of New York, National Association
Original Issue Date: November 10, 1995
Stated Maturity: November 10, 1997
Initial Interest Rate: 6.07813%
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, commencing
November 15, 1995
Interest Payment Period: monthly
Interest Payment Dates: the third Wednesday of each month, commencing
November 15, 1995 and ending on the Stated Maturity
Index Maturity: one month
Spread (+/-): +.25
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.
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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. [ ] Salomon Brothers Inc
[X] Other: Chase Securities Inc.
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