Pricing Supplement No. 16 Dated May 1, 1995 Rule 424(b)(3)
(To Prospectus dated April 20, 1995 and File No. 33-58667
Prospectus Supplement dated April 20, 1995) CUSIP No. 78355H GE3
$400,000,000
RYDER SYSTEM, INC.
Medium-Term Notes, Series 12
(Registered Notes--Fixed Rate)
Due Nine Months or More from Date of Issue
Principal Amount: $7,000,000
Issue Price: 100
Issue Date: 5/5/95
Maturity Date: 2/1/01
Interest Rate: 7.45%
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: --
Yield to Maturity: --
Initial Accrual Period OID: --
Name of Agent and Agent's Discount or Commission:
J.P. Morgan $35,000
Additional Terms:
