<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 40 Dated: March 14, 1997
(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: $30,000,000 Issue Price: 100%
Original Issue Date: March 20, 1997 Stated Maturity Date: March 20, 2000
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 20th day of March, June, September and December of each year, beginning June
20, 1997, up to but excluding the Stated Maturity Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 20th day of March June, September and December of each year,
beginning June 20, 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: 5.775%
Index Maturity: N/A.
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.15% 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: .1388%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT NO. 40
UNDER MTN-SERIES G PROGRAM: $1,279,750,000.00
b) CUSIP #42333HGZ9
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. 41 Dated: March 18, 1997
(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: $5,000,000 Issue Price: 100%
Original Issue Date: March 21, 1997 Stated Maturity Date: March 21, 2000
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 21st day of March, June, September and December of each year, beginning June
23, 1997, up to but excluding the Stated Maturity Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 21st day of March June, September and December of each year,
beginning June 23, 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: To be determined
Index Maturity: 3-Month
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.15% 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: .1383%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT NO. 41
UNDER MTN-SERIES G PROGRAM: $1,309,750,000.00
b) CUSIP #42333HHA3
Agent: UBS Securities, Inc.
299 Park Avenue
New York, New York 10171-0026
<PAGE>
Rule 424(b)(3)
File No. 33-62479
Pricing Supplement No. 42 Dated: March 18, 1997
(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: $10,000,000 Issue Price: 100%
Original Issue Date: March 21, 1997 Stated Maturity Date: March 21,
2000
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 21st day of March and September of each year, beginning
September 22, 1997, up to and including the Stated Maturity Date.
Interest Determination Date(s): N/A.
Initial Interest Rate: 6.71%
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: .134%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT NO. 42
UNDER MTN-SERIES G PROGRAM: $1,314,750,000.00
b) CUSIP #42333HHB1
Agent: Lehman Brothers Inc.
Three World Financial Center
12th Floor
New York, New York 10285
