PRICING SUPPLEMENT NO. 4 Filed under Rule 424(b)(3)
To Prospectus Dated August 26, 1993 and File No. 33-49945
Prospectus Supplement Dated August 30, 1993
MOBIL CORPORATION
MEDIUM-TERM NOTES, SERIES A
Due More Than Nine Months From Date of Issue
CUSIP No.: 60706H AL7
THESE NOTES MAY BE REDEEMED AT THE OPTION OF THE ISSUER AFTER ONE
YEAR. (SEE "REDEMPTION" IN THIS PRICING SUPPLEMENT)
FACE ISSUE INTEREST PAYMENT
AMOUNT: $25,000,000 PRICE: 100% DATES: See
"Interest" in this
Pricing Supplement
FIXED RATE: (X) FLOATING RATE: ( )
ORIGINAL INITIAL REDEMPTION SPECIFIED
ISSUE DATE: 03/27/95 PERCENTAGE: 100% CURRENCY: U.S. dollar
INTEREST ACCRUAL ANNUAL REDEMPTION MATURITY
DATE: 03/27/95 PERCENTAGE DATE: 03/27/03
REDUCTION: N/A
TOTAL AMOUNT INTEREST RATE: See OPTIONAL REPAYMENT
OF OID: N/A "Interest" in this DATE(S): N/A
Pricing Supplement
ORIGINAL YIELD TO BASE RATE: N/A APPLICABILITY OF
MATURITY: N/A ANNUAL INTEREST
PAYMENTS: NO
INITIAL REDEMPTION APPLICABILITY OF
DATE: 03/27/96 MODIFIED PAYMENT UPON
ACCELERATION: N/A
INDEXED If yes, state Issue
CURRENCY: N/A Price:
INDEX MATURITY: N/A OPTION TO RECEIVE
PAYMENT IN SPECIFIED
CURRENCY:( )YES ( )NO
(Only if Other Than
U.S. dollars)
- 1 -
INTEREST RESET INTEREST RESET
DATES: N/A PERIOD: N/A
INTEREST DETERMINATION MINIMUM DENOMINATIONS: $1,000 and
DATES: N/A integral multiples of $1,000 in excess
thereof
INTEREST CALCULATION PREPAYMENT:
BASIS: 30/360 days (X) The Notes may not be repaid at the
option of the holder prior to the
Maturity Date
( ) The Notes may be repaid at the
option of the holder prior to the
Maturity Date
UNDERWRITER: UNDERWRITER'S NET PROCEEDS TO
Salomon Brothers COMMISSION: See COMPANY: 100.0%
Inc "Plan of Distribution"
in this Pricing Supplement
FORM: (X) Book Entry
( ) Certificated
CALCULATION AGENT:
Chemical Bank
The Date of this Pricing Supplement is March 1, 1995.
- 2 -
DESCRIPTION OF THE OFFERED NOTES
General
The following description of the terms of the Notes
offered by this Pricing Supplement (the "Offered Notes")
supplements, and to the extent inconsistent therewith replaces,
the description of the general terms and provision of the Medium
Term Notes, Series A set forth in the accompanying Prospectus
Supplement and of the Debt Securities set forth in the
accompanying Prospectus, to which descriptions reference is
hereby made. Capitalized terms not otherwise defined herein
which are defined in the Prospectus Supplement have the meanings
set forth therein.
Interest
The Offered Notes are Fixed Rate Notes and shall be
Book Entry Notes represented by a Global Security. Interest
Payment Dates shall be each March 27 and September 27, beginning
with September 27, 1995, in each case subject to postponement
without adjustment where such date is not a Business Day as
described on page S-6 of the Prospectus Supplement in the
description of Fixed Rate Notes. The rate of interest per annum
shall be according to the following schedule:
For the first year: 7.250%
For the second year: 7.375%
For the third year: 7.500%
For the fourth year: 7.625%
For the fifth year: 7.750%
For the sixth year: 7.875%
For the seventh year: 8.000%
For the eighth year: 8.500%
Redemption
Mobil shall have the right to redeem the Offered Notes
in whole or in part, on the Initial Redemption Date (March 27,
1996) and on any Interest Payment Date thereafter, upon 30
calendar days' notice to the Depository as holder of the Offered
Notes. See "Global Securities" on page S-14 of the Prospectus
Supplement.
Plan of Distribution
The terms of the underwriting agreement between Mobil
and Salomon Brothers Inc provide for no underwriting discount to
Salomon Brothers Inc below the face amount of the Offered Notes.
Salomon Brothers Inc will be compensated for its role as
underwriter of the Offered Notes in an interest rate swap
transaction between Mobil and an affiliate of Salomon Brothers
Inc.
- 3 -
Indebtedness of Mobil and its Subsidiaries
As reported on Mobil's Quarterly Report to the SEC on Form
10-Q for the period ended September 30, 1994, the total amount of
indebtedness (short term and long term) of Mobil and its
subsidiaries outstanding as of September 30, 1994 on an unaudited
basis was $8,038 million. Mobil and its subsidiaries do not have
any current plans to incur additional indebtedness that would
materially increase this amount.
Indenture
The Indenture does not contain any provisions which may
afford holders of the Offered Notes protection in the event of a
highly leveraged transaction, reorganization, restructuring,
merger or similar transaction involving Mobil that may adversely
affect holders of the Offered Notes.
- 4 -
