AT&T CAPITAL CORP /DE/
424B3, 1995-01-17
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<PAGE>                        Filed Under Rule 424 (b)(3)
                              Registration Statement No. 33-54359

            SUPPLEMENT NO. 15 TO PROSPECTUS DATED JULY 7, 1994
                      (AS SUPPLEMENTED JULY 14, 1994)

AT&T CAPITAL CORPORATION

Medium Term Notes, Series 2

Due Nine Months or More From Date of Issue.

Issue Price: 100%
  (as a percent of principal amount)

                       Fixed and Floating Rate Notes

                                                  Interest Rate
Range of Maturities                                 Per Annum 
- -------------------                               -------------

From 1 year to less than 2 years ................... Float%

INITIAL FIXING DATE:          01/17/95

SETTLEMENT DATE:              01/18/95

MATURITY DATE:           01/19/96

INITIAL PAYMENT DATE:         04/19/95

DAYCOUNT:                ACTUAL/360

INDEX:                   FED.H15

COUPON RATE:             FED FUNDS PLUS 20 BPS

SOURCE:                  TELERATE PAGE 120, OR ITS SUCCESSOR PAGE

RESET FREQUENCY:              DAILY

PAYMENT FREQUENCY:       QUARTERLY

PAYMENT:                 THE 19TH OF APRIL, JULY, OCT., & MATURITY

INTEREST DETERMINATION:       FOR THE PURPOSE OF CALCULATING THE COUPON RATE,
                              THE FED FUNDS RATE SHALL BE DETERMINED BY THE
                              DAILY FED FUNDS RATE H15 FROM THE PREVIOUS
                              BUSINESS DAY.

Date of Sale:  January 11, 1995

Redemption:

     Check applicable sentence.
      X  The Notes cannot be redeemed prior to maturity
     ---
         The Notes may be redeemed prior to maturity
     ---
     Redemption Date:              Redemption Price:  
                     -----------                    ------------
                              (as a percent of principal amount)
Repayment:

     Check applicable sentence.  
      X  The Notes cannot be repaid prior to maturity.  
     ---
         The Notes may be repaid prior to maturity.
     ---
     Repayment Date:               Repayment Price:
                     ------------                   ------------
                              (as a percent of principal amount)



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