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Rule 424(b)(3)
File No. 333-38545
Pricing Supplement No. 1 Dated: December 5, 1997
(To Prospectus dated October 30, 1997
Prospectus Supplement dated November 17, 1997)
U.S.$2,500,000,000
Heller Financial, Inc.
Medium-Term Notes, Series H
(Registered Notes -Fixed Rate)
Due From Nine Months to Thirty Years From Date of Issue
Principal Amount: $300,000,000 Issue Price: 100%
Original Issue Date: December 10, 1997 Stated Maturity Date:
December 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 [] LIBOR [] Treasury Rate
[] Federal Funds Rate [] Prime Rate [X] Other: Fixed
Interest Reset Period: N/A
Interest Payment Period: 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 15th day of December 1998, up to and including the Stated
Maturity Date.
Interest Determination Date(s): N/A
<PAGE>
Rule 424(b)(3)
File No. 333-38545
Pricing Supplement No. 1 Dated: December 5, 1997
(To Prospectus dated October 30, 1997
Prospectus Supplement dated November 17, 1997)
Initial Interest Rate: 6.25%
Index Maturity: N/A
Day Count Convention: Act/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: .0483%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT NO. 1
UNDER MTN-SERIES H PROGRAM: $ -0-
b) CUSIP #42333HJH6
Agent: Chase Securities Inc.
270 Park Avenue
New York, New York 10017
