PRICING SUPPLEMENT NO. 46 Rule 424(b)(2)
TRADE DATE May 20, 1994 Registration No.33-49763
(To Prospectus Supplement dated September 23, 1993
including the Prospectus dated August 27, 1993) CUSIP Number: 89350L EQ 1
May 27, 1994
$ 50,000,000
TRANSAMERICA FINANCE CORPORATION
MEDIUM-TERM NOTES, SERIES D
Due from 9 Months to 30 Years from Date of Issue
Floating Rate Note (x) Fixed Rate Note ( )
Senior Medium-Term Note (x) Subordinated Medium-Term Note (X)
Principal Amount: $50,000,000.00 Issue Price: 100%
Original Issue Date: May 27, 1994 Specified Currency: U.S. Dollars
Interest Accrual Date: May 27, 1994 Maturity Date: May 27, 1997
Redemption Date(s): None New Notice of
Redemption Price(s): N/A Maturity Renewal
Authorized Denominations (if other than Date(s): Date(s):
denominations of $100,000 and integral
multiples of $1,000 in excess thereof
in U.S. Dollars): N/A
Repayment Date(s): None Interest Payment Period:
Repayment Price(s): N/A Semi-Annually
Original Issue Discount Interest Payment Dates:
Note: ( ) Yes (X) No May 27 and November 27
Total Amount of OID: N/A
Yield to Maturity: N/A Global Security: (X) Yes ( ) No
Initial Accrual Period OID: N/A Exchange Rate Agent: N/A
Method Used to Determine Historical Exchange Rate: N/A
Yield to Maturity and Initial
Accrual Period OID: N/A
(Only applicable to Floating Rate Notes): Spread (plus or minus): +.30%
Initial Interest Rate: N/A Spread Multiplier: N/A
Index Maturity: 3-Month Maximum Interest Rate: N/A
Base Rate(s): Treasury Bills, Minimum Interest Rate: N/A
weekly average, unweighted
If LIBOR, Designated LIBOR Page: Calculation Rate Agent:UBS
Securities, Inc.
( ) LIBOR Reuters
( ) LIBOR Telerate Name of Agent:UBS Securities, Inc.
Index Currency: U.S. Dollars Agent's Discount or
Interest Reset Period: N/A Commission: $83,067.00
Interest Reset Dates: N/A Net Proceeds to Co: $49,916,933.00
( ) Agent is acting as Agent for the sale of Notes by the Company at a price
to the public of ( ) 100% of Principal Amount ( ) ____% of Principal Amount
(x) Agent is purchasing Notes from the Company as Principal for resale to
investors and other purchasers at: ( ) a fixed initial public offering price
of 100% of the principal amount; ( ) a fixed initial public offering price
of____% of the principal amount; (x) varying prices relating to prevailing
market prices at time of resale to be determined by Agent.
Additional Terms: For purposed of the accompanying Prospectus supplement and
Prospectus, references to the Agents shall be deemed to include UBS Securities
Inc., unless the context requires otherwise.
__________________
UBS Securities Inc.
