Pricing Supplement No. 25 Dated May 17, 1994 Rule 424(b)(3)
(To Prospectus dated March 11, 1988 and File No. 33-20359
Prospectus Supplement dated May 21, 1992) CUSIP No. 78355HCLI
$200,000,000
RYDER SYSTEM, INC.
Medium-Term Notes, Series 8
(Registered Notes--Fixed Rate)
Due from Nine Months to Thirty Years from Date of Issue
Principal Amount: $2,000,000 (Two Million)
Issue Price: 100%
Issue Date: 5/23/94
Maturity Date: 5/24/99
Interest Rate: 7.46%
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:
Discount note: [ ] Yes [X] No
Total Amount of OID: N/A
Yield to Maturity: 7.46%
Initial Accrual Period OID: N/A
Name of Agent and Agent's Discount or Commission:
Salomon Bros $10,000
Additional Terms:
