Pricing Supplement dated November 30, 1994 Rule 424(b)(2)
(To Prospectus dated March 30, 1992 and File No. 33-45457
Prospectus Supplement dated March 30, 1992)
VALERO ENERGY CORPORATION
Medium-Term Notes
CUSIP: 91938XAL7
Principal Amount: $10,000,000.00
Price to Public:
[X] 100% of Principal Amount
[ ] Varying prices relating to prevailing market prices at
the time of sale
Interest Rate: 9.23% per annum
Stated Maturity: December 7, 2004
Trade Date: November 30, 1994
Original Issue Date: December 7, 1994
Net Proceeds to Issuer: $9,940,000.00
Agent's Discount or Commission: 0.60%
Interest Payment Dates: March 15 and September 15 of each year.
Day Count Convention:
[ X] 30/360 for the period from Original Issue to Stated
Maturity Date.
[ ] Actual/360 for the period from to
[ ] Actual/Actual for the period from to
Redemption:
[ X] The Notes cannot be redeemed prior to the Stated
Maturity, except as set forth in the Prospectus and
Prospectus Supplement.
[ ] The Notes may be redeemed prior to the Stated Maturity.
Initial Redemption Date:
Initial Redemption Percentage: %
Annual Redemption Percentage Reduction: % until
Redemption
Percentage is 100% of the principal amount.
Optional Repayment:
[ X] The Notes cannot be repaid prior to the Stated Maturity,
except as set forth in the Prospectus and Prospectus
Supplement.
[ ] The Notes can be repaid prior to the Stated Maturity at
the option of the holder of the Notes.
Optional Repayment Date(s):
Repayment Price: %
Currency: U.S. dollars.
Original Issue Discount: [ ] Yes [ X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Repurchase Price, if any:
Form: [ X] Book-Entry [ ] Certificated
[X] Lehman Brothers Inc. [X] Salomon Brothers Inc