<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 20 Dated: October 24, 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 - FIXED RATE)
DUE FROM NINE MONTHS TO THIRTY YEARS FROM DATE OF ISSUE
Principal Amount: $100,000,000 Issue Price: 100 %
Original Issue Date: November 1, 1996 Stated Maturity Date: May 3, 1999
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: Fixed
Interest Reset Period: N/A
Interest Payment Period: Semi-Annual
Interest Reset Dates: (If other than as specified in the Prospectus Supplement):
N/A
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 3rd day of May and November of each year, beginning May 5,
1997, up to and including the Stated Maturity Date.
Interest Determination Date(s): N/A
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 20 Dated: October 24, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
Initial Interest Rate: 6.41%
Index Maturity: N/A
Day Count Convention: 30/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): N/A 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: .115%.
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
NO.20 UNDER MTN-SERIES G PROGRAM: $550,800,000.00
b) CUSIP #42333HGD8
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. 21 Dated: October 31, 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: $100,000,000 Issue Price: 100 %
Original Issue Date: November 4, 1996 Stated Maturity Date: November 4, 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 [] LIBOR [] Treasury Rate
[] Federal Funds Rate [X] Prime Rate [] Other: Fixed
Interest Reset Period: Daily
Interest Payment Period: Quarterly
Interest Reset Dates: (If other than as specified in the Prospectus Supplement):
Each Business Day, up to but excluding the Stated Maturity Date, provided that
there will be a Two Business Day cutoff prior to each Interest Payment Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 4th day of February, May August and November, beginning
February 4, 1997, up to and including the Stated Maturity Date.
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 21 Dated: October 31, 1996
(To Prospectus dated October 6, 1995
Prospectus Supplement dated October 17, 1995)
Interest Determination Date(s): Daily, With One Day Delay
Initial Interest Rate: To be determined
Index Maturity: Daily
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): -2.79% 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: 0%.
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
NO. 21 UNDER MTN-SERIES G PROGRAM: $650,800,000.00
b) CUSIP #42333HGE6
Agent: Merrill Lynch & Co.
250 Vesey Street
New York, NY 10281
