Pricing Supplement No.25 Dated June 6,1994 Rule 424(b)(2)
(To Prospectus dated February 15, 1994 and File No. 33-57104
Prospectus Supplement dated February 15, 1994)
CHEMICAL BANKING CORPORATION
[X] Senior Medium -Term Notes, Series C Due From Nine
Months to Thirty Years from Date of Issue
[ ] Subordinated Medium Term Notes , Series A Due From
Nine Months to Thirty Years from Date of Issue
Principal Amount: $10,000,000
Issue Price: 100%
Commission or Discount: ($0.00)
Proceeds to Company: 100.00% ($10,000,000.00)
Agent:CHEMICAL INVESTMENT BANK LTD.
Agent's Capacity: [x] As agent [ ] As principal
If as principal
[ ] The Notes are being offered at varying prices to
prevailing market prices at the time of sale
[ ] The Notes are being offered at a fixed initial public
offering price equal to the Issue Price (as a
percentage of Principal Amount).
Original Issue Date: June 6, 1994
Stated Maturity: June 6, 1999
Form: [X] Book-entry [ ] Certificated
Currency: U.S. Dollars
[ ] Fixed Rate Note:
Interest Rate:
[X] Floating Rate Note: CD[ ] Commercial Paper Rate [ ]
Federal Fund Effective Rate [ ]
LIBOR Telerate [X] LIBOR Reuter [ ]
Treasury Rate [ ] Prime Rate [ ]
Initial Interest Rate: 8.85 cap
Interest Reset Period:
Interest Reset Dates:
Int.Determ.Dates : 06/02/94; 12/02/94; 06/02/95; 12/04/95;
06/04/96; 12/04/96; 06/04/97; 12/04/97;
06/04/98; 12/03/98.
Interest Payment Dates: 12/06/94; 06/06/95; 12/06/95; 06/06/96;
12/06/96; 06/06/97; 12/08/97; 06/08/98;12/07/98;
06/06/99.
Index Maturity: 6 month
Spread (+/-): +.40
Spread Multiplier:
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Optional Redemption : Yes[ ] No [ ]
Redemption Dates
and Prices:
