Filed Under Rule 424 (b)(3) Registration Statement No. 333-18367 SUPPLEMENT NO. 32 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: 12/08/97 INITIAL PAYMENT DATE: 03/08/98 MATURITY DATE: 12/08/98 DAYCOUNT: ACTUAL/360 INDEX: 3 Month LIBOR + 0.26% SOURCE: TELERATE PAGE 3750 RESET FREQUENCY: Quarterly PAYMENT FREQUENCY: Quarterly PAYMENT: Quarterly, Pays the 8TH or next Good Business Day of each Quarter. Commencing 03/08/98 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: $100,000,000.00 CUSIP NUMBER: 00206HF90 Date of Sale: December 3, 1997