Pricing Supplement No. 2 Dated 12/10/98 Rule 424(b)(3)
(To Prospectus dated File No. 333-63049
September 15, 1998 and CUSIP No. 78355H HE2
Prospectus Supplement dated
December 7, 1998)
$200,000,000
RYDER SYSTEM, INC.
Medium-Term Notes, Series 15
(Registered Notes-Fixed Rate)
Due Nine Months or More from Date of Issue
Principal Amount: $5,000,000
Issue Price: 100
Issue Date: 12/15/98
Maturity Date: 12/16/02
Interest Rate: 6.00%
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:
Merrill Lynch $22,500
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Additional Terms:
