Pricing Supplement dated June 7, 1995 Rule 424(b)(2)
(To Prospectus dated March 13, 1995 and File No. 33-56441
Prospectus Supplement dated March 13, 1995)
VALERO ENERGY CORPORATION
Medium-Term Notes
CUSIP: 91938XAW3
Principal Amount: $20,000,000.00
Price to Public:
[X] 100% of Principal Amount
[ ] Varying prices relating to prevailing market prices at
the time of sale
Interest Rate: 7.80% per annum
Stated Maturity: June 14, 2010
Trade Date: June 7, 1995
Original Issue Date: June 14, 1995
Net Proceeds to Issuer: $19,870,000.00
Agent's Discount or Commission: 0.75%
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
[ ] Lehman Brothers Inc.
[ ] Salomon Brothers Inc
[ ] BT Securities Corporation
[ x] Wertheim Schroder & Co.
The Notes described in this Pricing Supplement were marketed
through Wertheim Schroder & Co. ("Wertheim") as agent for Valero
Energy Corporation ("Valero") pursuant to the terms of
that certain Assumption Agreement between Wertheim and Valero
dated as of June 7, 1995. Pursuant to the terms of the Assumption
Agreement, Wertheim agreed to be bound by the terms of that
certain Distribution Agreement dated as of March 13, 1995, as
amended, by and among Valero, and Lehman Brothers, Inc., Salomon
Brothers Inc, and BT Securities Corporation, as agents.
