Pricing Supplement No. 3   Dated Nov. 16, 1994       Rule 424(b)(3)
     (To Prospectus dated August 6, 1992 and           File No. 33-50232
     Prospectus Supplement dated November 4, 1994)  CUSIP No. 78355H DH9

     $400,000,000

     RYDER SYSTEM, INC.

     Medium-Term Notes, Series 10
     (Registered Notes--Fixed Rate)
     Due Nine Months or More from Date of Issue

     Principal Amount:   $7,000,000

     Issue Price:        100%

     Issue Date:         11/23/94

     Maturity Date:      11/24/97

     Interest Rate:      7.87%

     Form:    [x]  Book Entry   [ ]  Certificated

     Redemption:   [x]  The Notes cannot be redeemed prior to maturity.

                   [ ]  The Notes may be redeemed prior to maturity.  

          Terms of Redemption:

     Repayment at option of holder:    [x]  The holder has no option to
                                            elect repayment of the Notes
                                            prior to maturity.

                                       [ ]  The Notes are repayable prior to
                                            maturity at the option of holder.

          Terms of Repayment:      N/A

     Discount note:  [ ]  Yes   [x]  No 

          Total Amount of OID:          N/A

          Yield to Maturity:       7.87%

          Initial Accrual Period OID:   N/A


     Name of Agent and Agent's Discount or Commission:

          J.P. Morgan              $14,000
          Merrill Lynch            $10,500

     Additional Terms:



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission