<PAGE>
Rule 424(b)(3)
File No. 33-58716
Pricing Supplement No. 3 Dated March 25, 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: $17,000,000 Issue Price: 100%
Original Issue Date: 3/31/94 Stated Maturity Date: 3/31/97
Form: [X] Book-Entry [ ] Certificated
Depositary: Depository Trust Company
Specified Currency: U.S. Dollars
(If other than U.S. Dollars, see attached)
Option to Receive Payments in Specified Currency: [ ] Yes [ ] No
(Applicable only if Specified Currency is other than U.S. Dollars)
Authorized Denominations:
(Applicable only if Specified Currency is other than U.S. Dollars)
Base Rate: [ ] Commercial Paper Rate [ ] LIBOR [ ] Treasury Rate
[ ] Federal Funds Rate [ ] Prime Rate [X] Other: (CMT Rate)
"CMT Rate" means, with respect to any Interest Determination Date, the rate
displayed for the applicable Index Maturity on Telerate Page 7055 under the
heading "Daily Treasury Constant Maturities and Money Markets / Federal Reserve
Board Release H.15 Monday's Approx. 3:45 P.M. EDT," for the applicable Interest
Determination Date (or such other page as may replace that page on such service
for the purpose of displaying rates or prices comparable to the CMT Rate, as
determined by the Calculation Agent). If such rate is not so available by 3:00
P.M., New York City time, on the applicable Calculation Date, then the CMT Rate
for such Interest Determination Date shall be the bond equivalent yield to
maturity of the arithmetic mean (as calculated by the Calculation Agent) of the
secondary market bid rates, as of 3:00 P.M. , New York City time, on the
applicable Interest Determination Date, reported, according to their written
records, by three leading primary United States government securities dealers in
The City of New York (each, a "Reference Dealer") selected by the Calculation
Agent, for the recently issued direct noncallable fixed rate Treasury Notes with
an original maturity approximately equal to the applicable Index
<PAGE>
Rule 424(b)(3)
File No. 33-58716
Pricing Supplement No.: 3 Dated: March 25, 1994
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)
Maturity; provided however, that if the Calculation Agent is not able to obtain
such quotations from at least three such Reference Dealers, the CMT Rate will
remain the CMT Rate then in effect on such CMT Interest Determination Date.
Interest Reset Period: Quarterly, unadjusted for period end dates which are not
on a Business Day.
Interest Payment Period: Quarterly, unadjusted for period end dates which are
not on a Business Day.
Interest Reset Dates: (If other than as specified in the Prospectus
Supplement) March 31, June 30, September 30, and December 31 of each
year commencing March 31, 1994 until maturity.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement) March 31, June 30, September 30, and December 31 of each
year commencing June 30, 1994 until maturity.
Interest Determination Date(s)): Two New York Business Days immediately
preceding the Interest Reset Date.
Initial Interest Rate: N/A Index Maturity: Two-Years
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): -.40% 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
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period OID:
<PAGE>
Rule 424(b)(3)
File No. 33-58716
Pricing Supplement No.: 3 Dated: March 25, 1994
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)
Calculation Agent: Heller Financial, Inc.
Exchange Rate Agent: N/A
Recognized Foreign Exchange Dealers: N/A
Discount or Commission: .00%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
NO.3, UNDER MTN SERIES F PROGRAM: $92,000,000
b) CUSIP #: 42333HDJ8
Agent: Lehman Bros.
Three World Financial Center
12th Floor
New York, NY 10285
