Filed Under Rule 424 (b)(3) Registration Statement No. 33-61003 SUPPLEMENT NO. 51 TO PROSPECTUS DATED SEPTEMBER 20, 1995 (AS SUPPLEMENTED OCTOBER 19, 1995) AT&T CAPITAL CORPORATION Medium Term Notes, Series 3 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 9 Months to less than 1 year ................... Float% SETTLEMENT DATE: 05/15/96 INITIAL PAYMENT DATE: 08/15/96 MATURITY DATE: 05/15/97 DAYCOUNT: ACTUAL/360 INDEX: Prime - 2.78% SOURCE: Federal Reserve H.15 Release RESET FREQUENCY: Daily PAYMENT FREQUENCY: Quarterly PAYMENT: 15th of Aug. & Nov. 1996, Feb. 1997 and Maturity INTEREST DETERMINATION: Daily Reset, Weighted Average, paid quarterly -, 1 N.Y. Business Day prior to period end dates REDEMPTION: Non-Call Life AMOUNT OF SALE: $50,000,000 CUSIP NUMBER: 00206HZW7 Date of Sale: May 10, 1996