FILED PURSUANT TO RULE 424(b)(3)
REGISTRATION NO. 333-28925
PRICING SUPPLEMENT NO. 11
DATED DECEMBER 12, 1997 TO
PROSPECTUS DATED JULY 2, 1997
AND PROSPECTUS SUPPLEMENT DATED AUGUST 5, 1997
AMERICAN GENERAL FINANCE CORPORATION
MEDIUM-TERM NOTES, SERIES E
(FIXED RATE)
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
Principal Amount: $2,000,000
Date of Issue: December 17, 1997
Agent's Discount or Commission: $6,420
Maturity Date: December 17, 2002
Net Proceeds to Issuer: $1,993,580
Interest Rate: 6.32%
Form: [ X ] Book-Entry Cusip No.: 02635PLP6
[ ] Certificated
Agent: Merrill Lynch & Co.
Capacity: [ X ] Agent
[ ] Principal
If as Agent: The Notes are being offered at a fixed initial
public offering price of 100% of Principal Amount.
If as Principal:
[ ] The Notes are being offered at varying prices
related to prevailing market prices at the time of resale.
[ ] The Notes are being offered at a fixed initial
public offering price of % of Principal
Amount.
Medium-Term Notes, Series E ("Notes"), may be issued by the
Company in the aggregate principal amount of up to
$1,000,000,000. To date, including this offering, an
aggregate of $49,800,000 of offers to purchase the Notes have
been accepted.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES
COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR
ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR
ADEQUACY OF THIS PRICING SUPPLEMENT, THE PROSPECTUS OR THE
PROSPECTUS SUPPLEMENT. ANY REPRESENTATION TO THE CONTRARY IS
A CRIMINAL OFFENSE.
