<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 22 Dated: December 16, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
U.S.$2,500,000,000
HELLER FINANCIAL, INC.
MEDIUM-TERM NOTES, SERIES G
(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: December 18, 1996 Stated Maturity Date: December 18, 1997
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: Fixed
Interest Reset Period: Quarterly
Interest Payment Period: Quarterly
Interest Reset Dates: (If other than as specified in the Prospectus Supplement):
The 18th of March, June and September of 1997.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 18th of March, June, September and December of 1997, beginning
March 18, 1997.
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 22 Dated: December 16, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
Interest Determination Date(s): Two London Banking Days prior to each Interest
Reset Date.
Initial Interest Rate: 5.59297%
Index Maturity: N/A
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.05% 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:
Calculation Agent: Heller Financial, Inc.
Exchange Rate Agent: N/A
Recognized Foreign Exchange Dealers: N/A
Discount or Commission: .049%.
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
NO. 22 UNDER MTN-SERIES G PROGRAM: $800,750,000.00
b) CUSIP #42333HGF3
Agent: Lehman Brothers Inc.
Three World Financial Center
12th Floor
New York, New York 10285
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 23 Dated: December 17, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
U.S.$2,500,000,000
HELLER FINANCIAL, INC.
MEDIUM-TERM NOTES, SERIES G
(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: December 20, 1996 Stated Maturity Date: December 22, 1997
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: Fixed
Interest Reset Period: Quarterly
Interest Payment Period: Quarterly
Interest Reset Dates: (If other than as specified in the Prospectus Supplement):
The 22nd of March, June and September of 1997.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 22nd of March, June, September and December of 1997, beginning
March 24, 1997.
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 23 Dated: December 17, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
Interest Determination Date(s): Two London Banking Days prior to each Interest
Reset Date.
Initial Interest Rate: N/A
Index Maturity: N/A
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.05% 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:
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. 23 UNDER MTN-SERIES G PROGRAM: $850,750,000.00
b) CUSIP #42333HGG1
Agent: Goldman, Sachs & Co.
85 Broad Street
27th Floor
New York, New York 10004
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 24 Dated: December 17, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
U.S.$2,500,000,000
HELLER FINANCIAL, INC.
MEDIUM-TERM NOTES, SERIES G
(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: December 20, 1996 Stated Maturity Date: January 15,
1998
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: Fixed
Interest Reset Period: Monthly
Interest Payment Period: Monthly
Interest Reset Dates: (If other than as specified in the Prospectus Supplement):
The 15th day of each month, beginning January 15, 1997, up to but excluding the
Stated Maturity Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 15th day of each month, beginning January 15, 1997, up to and
including the Stated Maturity Date.
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 24 Dated: December 17, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
Interest Determination Date(s): Two London Banking Days prior to each Interest
Reset Date.
Initial Interest Rate: N/A
Index Maturity: N/A
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.07% 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:
Calculation Agent: Heller Financial, Inc.
Exchange Rate Agent: N/A
Recognized Foreign Exchange Dealers: N/A
Discount or Commission: .05187%.
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
NO. 24 UNDER MTN-SERIES G PROGRAM: $900,750,000.00
b) CUSIP #42333HGH9
Agent: J.P. Morgan Securities, Inc.
60 Wall Street
New York, New York 10260-0060
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 25 Dated: December 17, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
U.S.$2,500,000,000
HELLER FINANCIAL, INC.
MEDIUM-TERM NOTES, SERIES G
(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: December 20, 1996 Stated Maturity Date: December 18, 1998
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: Fixed
Interest Reset Period: Quarterly
Interest Payment Period: Quarterly
Interest Reset Dates: (If other than as specified in the Prospectus Supplement):
The 18th day of March, June, September and December, of each year beginning
March 18, 1997, up to but excluding the Stated Maturity Date.
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement: No. 25 Dated: December 17, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 18th day of March, June, September and December, of each year
beginning March 18, 1997, up to and including the Stated Maturity Date.
Interest Determination Date(s): Two London Banking Days prior to each Interest
Reset Date.
Initial Interest Rate: 5.66203%
Index Maturity: N/A
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.08% 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:
Calculation Agent: Heller Financial, Inc.
Exchange Rate Agent: N/A
Recognized Foreign Exchange Dealers: N/A
Discount or Commission: .10%.
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
NO. 25 UNDER MTN-SERIES G PROGRAM: $925,750,000.00
b) CUSIP #42333HGJ5
Agent: Merrill Lynch & Co.
250 Vesey Street
New York, NY 10281
