<PAGE> Filed Under Rule 424 (b)(3)
Registration Statement No. 333-18367
SUPPLEMENT NO. 42 TO PROSPECTUS DATED JANUARY 3, 1997
(AS SUPPLEMENTED JANUARY 10, 1997)
AT&T CAPITAL CORPORATION
Medium Term Notes, Series 4
Due Nine Months or More From Date of Issue.
Issue Price: 100%
(as a percent of principal amount)
Floating Rate Notes
- -----------------------
Interest Rate Per Annum.......Float%
SETTLEMENT DATE: 02/13/98
INITIAL PAYMENT DATE: 05/12/98
MATURITY DATE: 02/12/99
DAYCOUNT: ACTUAL/360
INDEX: 3 Month LIBOR + 0.28%
SOURCE: TELERATE PAGE 3750
RESET FREQUENCY: Quarterly
PAYMENT FREQUENCY: Quarterly
PAYMENT: Quarterly, Pays the 12TH or next Good
Business
Day of each Month. Commencing
05/12/98
INTEREST DETERMINATION: Quarterly Reset, Paid
Quarterly - Source: Telerate p.
3750. 2 London
Business Days Prior to Each Reset
Date.
REDEMPTION: Non-Call Life
AMOUNT OF SALE: $15,000,000.00
CUSIP NUMBER: 00206HH56
Date of Sale: February 10, 1998