Pricing Supplement No. 1 Dated April 12, 1994      Rule 424(b)(3)
          (To Prospectus dated August 6, 1992 and         File No. 33-50232
          Prospectus Supplement dated March 31, 1994)   CUSIP No. 78355HCF4

          $200,000,000

          RYDER SYSTEM, INC.

          Medium-Term Notes, Series 9
          (Registered Notes--Fixed Rate)
          Due Nine Months or More from Date of Issue

          Principal Amount:   $15,000,000 (Fifteen Million)

          Issue Price:        100%

          Issue Date:         April 19, 1994

          Maturity Date:      April 19, 1999

          Interest Rate:      7.03%
                    __                __
          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:     N/A
                                           __
          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:            7.03%

               Initial Accrual Period OID:   N/A

          Name of Agent and Agent's Discount or Commission:

               Merrill Lynch   $75,000

          Additional Terms:



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