Filed Pursuant to Rule 424(b)(3)
Registration Nos. 33-52421 and 33-55787
PRICING SUPPLEMENT NO. 95, dated September 13, 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: $50,000,000
Issue Price: 100%
Calculation Agent: First Trust of New York, National Association
Original Issue Date: September 15, 1995
Stated Maturity: September 15, 1997
Initial Interest Rate: to be determined on September 14, 1995
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 [ ] LIBOR [ ] Treasury Rate [ ] CD Rate
[X] Federal Funds Rate (as hereinafter described) [ ] Prime Rate
[ ] Other (see attachment hereto)
If LIBOR, Designated Page: [ ] Reuters Page [ ] Telerate Page
If LIBOR, Index Currency:
Interest Determination Dates: the first Business Day preceding each Interest
Reset Date
Interest Reset Period: daily
Interest Reset Dates: each Business Day, except that the interest rate
in effect for the period beginning on the second
Business Day preceding an Interest Payment Date
and ending on the calendar day preceding such
Interest Payment Date will be the interest rate
in effect on the second Business Day preceding
such Interest Payment Date
Interest Payment Period: monthly
Interest Payment Dates: the 15th day of each month, commencing October
16, 1995 and ending on the Stated Maturity
Index Maturity: daily
Spread (+/-): +.35
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: [X] Merrill Lynch & Co. [ ] Salomon Brothers Inc
[ ] Other:
The "Federal Funds Rate" shall mean the rate determined in
accordance with the following provisions:
For each Interest Reset Date the Calculation Agent will determine
the Federal Funds Rate which shall be the rate for Federal Funds for the
Business Day immediately preceding such Interest Reset Date which appears
on Telerate Page 120 under the heading "FED FUNDS EFFECTIVE - EFF", as of
11:00 a.m., New York City time, on such Interest Reset Date; or if such rate
is not so published by 11:00 a.m., New York City time, on such Interest
Reset Date, the Federal Funds Rate shall be the rate for Federal Funds for
the Business Day preceding such Interest Reset Date as published on such
Interest Reset Date in "Composite Quotations" under the heading "Federal
Funds/Effective Rate." If by the Calculation Date pertaining to such
Interest Reset Date such rate is not yet published in Composite
Quotations, the Federal Funds Rate for such Interest Reset Date will be
calculated by the Calculation Agent and will be the arithmetic mean
(rounded, if necessary, to the nearest one hundred-thousandth of a
percentage point, with 5 one-millionths of a percentage point rounded
upwards) of the rates for the last transaction in overnight Federal Funds
arranged by three leading dealers of Federal Funds transactions in The
City of New York selected by the Calculation Agent as of 11:00 a.m., New
York City time, on such Interest Reset Date; provided, however, that if
the dealers selected as aforesaid by the Calculation Agent are not quoting
as mentioned in this sentence, the Interest Rate for such Interest Reset
Date will be the Interest Rate in effect on the preceding Interest Reset
Date.
"Telerate Page 120" means the display page so designated on the Dow
Jones Telerate Service (or such other page as may replace that page on
that service for the purpose of displaying the rate for Federal Funds).
"Composite Quotations" means the daily statistical release entitled
"Composite 3:30 p.m. Quotations for U.S. Government Securities", or any
successor publication, published by the Federal Reserve Bank of New York.