HELLER FINANCIAL INC
424B3, 1994-09-22
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
Previous: GENERAL MOTORS ACCEPTANCE CORP, 424B3, 1994-09-22
Next: HIBERNIA CORP, 8-K, 1994-09-22



<PAGE>
 
                                                               Rule 424(b)(3)
                                                               File No. 33-58716
Pricing Supplement No. 17         Dated:  September 15, 1994
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)
 
U.S.$2,500,000,000

HELLER FINANCIAL, INC.

MEDIUM-TERM NOTES, SERIES F

(REGISTERED NOTES - FLOATING RATE)
DUE FROM NINE MONTHS TO THIRTY YEARS FROM DATE OF ISSUE
 
Principal Amount: $25,000,000                       Issue Price: 100 %

Original Issue Date: 9/30/94                       Stated Maturity Date: 9/30/96

Form: [X] Book-Entry  [ ] Certificated

Depositary: Depository Trust Company

Specified Currency:  U.S. Dollars
       (If other than U.S. Dollars, see attached)

Base Rate: [ ] Commercial Paper Rate [ ] LIBOR [ ] Treasury Rate
                [X] Federal Funds Rate [ ] Prime Rate [ ] Other:
                Source:  Federal Reserve H15 (Backup- Telerate Page 120)

Interest Reset Period: Daily; provided that the Base Rate for each of the four
business days immediately preceding each Interest Payment Date shall be equal to
the Base Rate calculated for the fifth day immediately preceding the applicable
Interest Payment Date and provided further that the Base Rate for any day that
is not a Business Day shall be equal to the Base Rate for the immediately
preceding Business Day.

Interest Payment Period: Quarterly

Interest Reset Dates: (If other than as specified in the Prospectus Supplement)
Each Business Day; provided that the Base Rate for each of the four business
days immediately preceding each Interest Payment Date shall be equal to the Base
Rate calculated for the fifth day immediately preceding the applicable Interest
Payment Date and provided further that the Base Rate for any day that
is not a Business Day shall be equal to the Base Rate for the immediately
preceding Business Day.

Interest Payment Dates: (If other than as specified in the Prospectus
Supplement) The 30th of December, March, June and September, commencing December
30, 1994, and continuing until maturity.

Interest Determination Date(s): On each Interest Reset Date, effective for such
date, provided that the Base Rate for each of the four business days immediately
preceding each Interest Payment Date shall be equal to the Base Rate calculated
for the fifth day immediately preceding the applicable Interest Payment Date and
provided further that the Base Rate for any day that is not a Business Day shall
be equal to the Base Rate for the immediately preceding Business Day.
<PAGE>
 
                                                               Rule 424(b)(3)
                                                               File No. 33-58716
Pricing Supplement No.: 17         Dated: September 15, 1994
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)

Initial Interest Rate: To be determined

Index Maturity: Daily.

Day Count Convention: Actual/360

Maximum Interest Rate: N/A                    Minimum Interest Rate: N/A

Spread (+/-):  + .275%                            Spread Multiplier: N/A

Optional Redemption: [ ] Yes [X] No
     Initial Redemption Date:
     The Redemption Price shall initially be   % of the principal amount of the
     Note to be redeemed and shall decline at each anniversary of the Initial
     Redemption Date by   % of the principal amount to be redeemed until the
     Redemption Price is 100% of such principal amount.

Optional Repayment: [ ] Yes [X] No
     Optional Repayment Dates:
     Optional Repayment Prices:

Repayment Provisions:
     (If other than as specified in the Prospectus Supplement)

Discount Note: [ ] Yes [X] No


Calculation Agent: Heller Financial, Inc.
Exchange Rate Agent: N/A
Recognized Foreign Exchange Dealers: N/A
Discount or Commission: .05%

Other Provisions:  a)  AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
                            NO. 17, UNDER MTN-SERIES F PROGRAM: $412,000,000
                   b)  CUSIP #: 42333HDY5

Agent: Citicorp Securities, Inc.
       399 Park Avenue
       New York, New York 10043
 



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission