PRICING SUPPLEMENT NO. 2
RULE 424(b)(2)
REGISTRATION NO. 33-62629
PRICING SUPPLEMENT NO. 2 DATED JANUARY 9, 1998
FRANCHISE FINANCE CORPORATION OF AMERICA
MEDIUM-TERM NOTES DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
This Pricing Supplement accompanies and supplements the Prospectus,
dated July 21, 1997, as supplemented by the Prospectus Supplement, dated July
21, 1997, and the Supplement dated September 11, 1997.
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The Notes have the following terms (as applicable):
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Principal Amount: $ 17,000,000.00
Registered Holder: Cede & Co.
Taxpayer Identification No.: 13-2555119
Form of Notes: [X] Book Entry/Global [ ] Certificated
Agent's Discount or Commission: .60%
Net Proceeds to Issuer: $ 16,898,000.00
Fixed Rate Medium-Term Note:
Original Issue Price: 100%
Original Issue Date: January 14, 1998
Interest Accrual Date: January 14, 1998
Interest Rate Per Annum: 6.86%
Interest Payment Dates: May 30 and November 30
Denominations: $1,000
Stated Maturity Date: June 15, 2007
Redemption Date(s): None
Redemption Price(s): Not Applicable
Notice of Redemption: Not Applicable
Optional Repayment Date(s): Not Applicable
Optional Repayment Price(s): Not Applicable
Notice of Optional Repayment: None
Default Rate: Not Applicable
Original Issue Discount: [ ] Yes [X] No
Record Date: May 15 and November 15
Agent: [X] Merrill Lynch & Co.
[ ] NationsBanc Capital Markets, Inc.
[X] Salomon Smith Barney
[ ] J.P. Morgan & Co.
[ ] UBS Securities
Agent acting in the capacity as indicated below:
[X] Agent [ ] Principal
If as Principal:
[ ] The Notes are being offered at varying prices related to prevailing market prices at the time of resale.
[ ] The Notes are being offered at a fixed initial public offering price of 100% of Principal Amount.
If as Agent:
The Notes are being offered at a fixed initial public offering price of 100% of Principal Amount.
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