PACCAR FINANCIAL CORP
424B3, 1996-09-13
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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                                     Filed under Rule 424(b)(3)
                                     File No. 333-01623

SUPPLEMENT NO. 9 TO PROSPECTUS DATED MARCH 15, 1996
(AS SUPPLEMENTED MARCH 15, 1996)

               PACCAR Financial Corp.
                   Variable Rate
            Medium-Term Notes, Series H


Principal Amount:            $45,000,000
Original Issue Date:         9/20/96
Maturity Date:               9/27/97
Initial Interest Rate:       To be determined
Interest Rate Index:         1-Month Libor
Spread:                      Minus 12.5 Basis Points
Index Source:                Telerate Page 3750
Index Reset Frequency:       Monthly (20th of each month)
Interest Payment Period:     Monthly (20th of each month)
Interest Payment Dates:      20th of Each Month Subject to 
                             Modified Following Business 
                             Day Convention
Issue Price:                 99.99026%
Proceeds to Company:         $44,995,617
Underwriters Discount:       0.00974%
Day Count Convention:        Actual/360

Form of Note (check one):    Book Entry     [X]

                             Certificate    [ ]

Underwriter:                 Salomon Brothers

Dated:  September 11, 1996

The Underwriter, Salomon Brothers, has purchased 
the Notes as principal and may resell the Notes at 
prices to be determined by such Underwriter at the 
time of resale.




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