Pricing Supplement No. 5 Dated November 22, 1994 Rule 424(b)(3)
(To Prospectus dated August 6, 1992 and File No. 33-50232
Prospectus Supplement dated November 4, 1994) CUSIP No.
$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: $25,000,000
Issue Price: 100%
Issue Date: 11/30/94
Maturity Date: 12/1/97
Interest Rate: 8.05%
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:
Discount note: [ ] Yes [x] No
Total Amount of OID: N/A
Yield to Maturity: 8.05%
Initial Accrual Period OID: N/A
Name of Agent and Agent's Discount or Commission:
SALOMON BROTHERS $87,500
Additional Terms:
