PROVIDIAN CORP
424B3, 1995-03-24
LIFE INSURANCE
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Pricing Supplement No.:  19
                                                     Filing
Under Rule

424(b)(3)

Date:  March 22, 1995
Registration File No.
                                                     33-
49719

(to Prospectus dated January 12, 1994 and

Prospectus Supplement dated January 14, 1994)


                                  $400,000,000

                             PROVIDIAN CORPORATION

                          Medium-Term Notes, Series D


CUSIP:  74406QAH0

Principal amount:  $5,000,000              Floating Rate
Notes:

Interest Rate (if fixed rate):  8.53%        Interest Rate
Basis:

Maturity Date:  March 28, 2025                    Commercial
Paper Rate

Specified Currency:  U.S. Dollars                 Prime Rate

Exchange Rate (if any):                           LIBOR

  U.S. $1.00 =                                    Treasury
Rate

Issue price (as a percentage of                   CD Rate

  principal amount):  100.000%                    Federal
Funds Rate

Selling Agent's commission (%):   0.75%      Index Maturity:

Purchasing Agent's discount or               Spread (plus or
minus):

  commission (%):                            Spread
Multiplier:

Net proceeds to the company (%):  99.25%     Maximum
Interest Rate:

Settlement date (Original Issue              Minimum
Interest Rate:

  Date):  March 28, 1995                     Initial
Interest Rate:

Redemption Commencement Date (if             Interest  Reset
Date(s)  (if
                                             semi-annually
or

  any):                                        annually):

Exchange Rate Agent:                            Third
Wednesday of:

Original Issue Discount Security:            Interest  Reset
Date  (if weekly,
                                             monthly or

  Yes:          No:   XXX                      quarterly):
A/S

Default Rate (%):                            Interest
Determination
                                             Date(s):A/S

  (applicable only for Original Issue        Calculation
Date(s):  A/S

  Discount Security)                         Calculation
Agent:  A/S

                                            Interest Payment
Date(s):

                                                Third
Wednesday       March
                                                of


June



September



October








Redemption Periods:                          Regular Record
Date(s):

                                             Interest Reset
Period:

Other Provisions:                            Redemption
Prices:







   If such Notes are denominated in other than U.S dollars,
the applicable
Foreign Currency Supplement is attached hereto.

   Additional Terms:

   As of the date of this Pricing Supplement (i) the
aggregate initial public
offering price (or its equivalent in other currencies or
composite currencies)
of the Notes (as defined in the Prospectus Supplement) which
have been sold
(including the Notes to which this Pricing Supplement
relates) is $131,500,000;
and the aggregate proceeds which the Company has received
from Debt Securities
(as defined in the Prospectus) which have been sold
(including the Notes to
which this Pricing Supplement relates) is $130,664,375.

   "N/A" as used herein means "Not Applicable". "A/S" as
used herein means "As
stated in the Prospectus Supplement referred to above".

   Effective May 12, 1994, Capital Holding Corporation
changed its name to
Providian Corporation.  As a result, all references in the
prospectus to
"Capital Holding Corporation" shall be read as to refer to
"Providian
Corporation".


                               Goldman Sachs Co.




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