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Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 10 Dated: July 11, 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: July 22, 1996 Stated Maturity Date: November 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:
Interest Reset Period: Quarterly
Interest Payment Period: Quarterly
Interest Reset Dates: (If other than as specified in the Prospectus
Supplement) The 18th of November, February, May and August of each year,
beginning November 18, 1996, up to but excluding the Stated Maturity Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement) The 18th of November, February, May and August, of each year,
beginning November 18, 1996, including the State Maturity Date.
Interest Determination Date(s): Two London Banking Days prior to each Interest
Payment Date.
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Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 10 Dated: July 11, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
Initial Interest Rate: Four Month Libor for first Period only.
Index Maturity: N/A
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.06% 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: .11761 %
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
NO. 10 UNDER MTN-SERIES G PROGRAM: $307,750,000.00
b) CUSIP #42333HFT4
Agent: HSBC Securities, Inc.
140 Broadway
New York, New York 10005
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[LETTERHEAD OF HELLER FINANCIAL, INC.]
July 22, 1996
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Attn: Filing Desk
Re: Heller Financial, Inc.
Registration Statement No. 33-62479
-----------------------------------
Dear Madam or Sir:
I hereby transmit for filing, pursuant to Rule 424(b)(3) under the
Securities Act of 1933 (the "Act"), Pricing Supplement No. 10, dated July 11,
1996, to the Prospectus dated October 6, 1995, and Prospectus Supplement dated
October 17, 1995:
The Pricing Supplement has been marked in accordance with Rule 424(e) under
the Act.
Sincerely,
David M. Sherbin
cc: Division of Stock List
New York Stock Exchange, Inc.
20 Broad St.
New York, NY 10005