PRICING SUPPLEMENT NO. 1
RULE 424(b)(2)
REGISTRATION NO. 333-26437
PRICING SUPPLEMENT NO. 1 DATED APRIL 21, 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
April 16, 1998, as supplemented by the Prospectus Supplement, dated April 16,
1998.
The Notes have the following terms (as applicable):
Principal Amount: $30,500,000.00
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: $30,317,000.00
Fixed Rate Medium-Term Note:
Original Issue Price: 100%
Original Issue Date: April 24, 1998
Interest Accrual Date: April 24, 1998
Interest Rate Per Annum: 7.07%
Interest Payment Dates: May 30 and November 30
Denominations: $1,000
Stated Maturity Date: January 15, 2008
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] Donaldson, Lufkin & Jenrette Securities Corporation
[ ] Merrill Lynch & Co.
[ ] NationsBanc Montgomery Securities LLC
[X] Salomon Brothers Inc
[ ] UBS Securities LLC
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.
