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Rule 424(b)(3)
File No. 33-58716
Pricing Supplement No.: 12 Dated: June 14, 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: $50,000,000 Issue Price: 100 %
Original Issue Date: 6/21/94 Stated Maturity Date: 6/21/96
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 [X] LIBOR [_] Treasury Rate
[_] Federal Funds Rate [_] Prime Rate [_] Other:
Interest Reset Period: Monthly
Interest Payment Period: Monthly
Interest Reset Dates: (If other than as specified in the Prospectus Supplement)
The 21st of each Month commencing on June 21, 1994, until maturity.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement) The 21st of each Month commencing on July 21, 1994, until maturity.
<PAGE>
Rule 424(b)(3)
File No. 33-58716
Pricing Supplement No.: 12 Dated: June 14, 1994
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)
Interest Determination Date(s): Two Business Days immediately preceding the
applicable day or Interest Reset Date, as the case may be.
Initial Interest Rate: To be determined
Index Maturity: 3 - month.
Day Count Convention: Actual/360
Spread (+/-): + .50%
Base Rate and Spread Multiplier: The interest rate applicable to each Interest
Payment Period will be calculated by adding (1) the result obtained by
multiplying the Base Rate plus the Spread by the quotient of: (a) the number of
days in the Interest Payment Period for which LIBOR (determined for each day of
such Interest Payment Period) is a rate which is between (i) the rate which is
equal to or greater than the Base Rate less 0.25% and (ii) the rate which is
equal to or less than Base Rate plus 0.50%, divided by (b) the actual number of
days in the Interest Payment Period, plus (2) the result obtained by multiplying
3.00% by the quotient of: (a) the number of days in the Interest Payment Period
for which LIBOR (determined for each day of such Interest Payment Period) is a
rate which is not between (i) the rate which is equal to or greater than the
Base Rate less 0.25% and (ii) the rate which is equal to or less than Base Rate
plus 0.50%, divided by (b) the actual number of days in the Interest Payment
Period.
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:
Calculation Agent: Heller Financial, Inc.
Exchange Rate Agent: N/A
Recognized Foreign Exchange Dealers: N/A
Discount or Commission: .0%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
NO. 12, UNDER MTN-SERIES F PROGRAM: $269,000,000
<PAGE>
Rule 424(b)(3)
File No. 33-58716
Pricing Supplement No.: 12 Dated: June 14, 1994
(To Prospectus dated March 17, 1993 and
Prospectus Supplement dated March 31, 1993)
b) CUSIP #: 42333HDT6
Agent: Lehman Brothers
Three World Financial Center
12th Floor
New York, New York 10285