Pricing Supplement No.12 Dated July 28, 1993 Rule 424(b)(2)
(To Prospectus dated April 27, 1993 and File No. 33-57104
Prospectus Supplement dated April 30, 1993)
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: $75,000,000
Issue Price: 100%
Commission or Discount: 0.2% ($150,000.00)
Proceeds to Company: 99.8% ($74,550,000.00)
Agent: GOLDMAN SACHS
Agent's Capacity: [ ] As agent [X ] As principal
If as principal
[X ] 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: July 28, 1993
Stated Maturity: July 29, 1996
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: 3.4625
Interest Reset Dates:
Interest Determination Dates: Second Business Day preceeding
each Interest Reset Date
Interest Payment Dates: 10/29/93, 01/31/94, 04/29/94, 07/29/94,
10/31/94, 01/30/95, 04/28/95. 07/31/95, 10/30/95,
01/29/96, 04/29/96, 07/29/96.
Index Maturity: 3 Month
Spread (+/-): +.15
Spread Multiplier: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Optional Redemption : Yes[ ] No [ ]
Redemption Dates
and Prices:
