PACCAR FINANCIAL CORP
424B3, 1997-06-13
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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                                     Filed under Rule 424(b)(3)
                                     File No. 333-01623

SUPPLEMENT NO. 25 TO PROSPECTUS DATED MARCH 15, 1996
(AS SUPPLEMENTED MARCH 15, 1996)

               PACCAR Financial Corp.

            Medium-Term Notes, Series H


Principal Amount:            $45,000,000
Original Issue Date:         6/17/97
Maturity Date:               6/17/98
Initial Interest Rate:       To be determined
Interest Rate Index:         1-Month Libor
Spread:                      Minus 12 Basis Points
Index Source:                Telerate page 3750
Index Reset Frequency:       Monthly (17th of each month)
Interest Payment Period:     Monthly (17th of each month)
Interest Payment Dates:      17th of Each Month Subject to 
                             Modified Business Day Convention
Issue Price:                 100.00%
Proceeds to Company:         $45,000,000
Underwriters Discount:       0.00%
Day Count Convention:        Actual/360

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

                             Certificate    [ ]

Agent/Underwriter:           Morgan Stanley
Dated:  June 12, 1997

The Underwriter, Morgan Stanley, 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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