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Rule 424(b)(3)
File No. 333-58723
Pricing Supplement No. 5 Dated: October 26, 1998
(To Prospectus dated July 17, 1998
Prospectus Supplement dated August 28, 1998)
U.S.$5,000,000,000
Heller Financial, Inc.
Medium-Term Notes, Series I
(Registered Notes-Fixed Rate)
Due From Nine Months to Thirty Years From Date of Issue
Principal Amount: $225,000,000 Issue Price: 99.933%
Original Issue Date: October 26, 1998 Stated Maturity Date: November 1, 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: N/A
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 1st day of May and November, beginning May 3, 1999 up to and
including the Stated Maturity Date.
Interest Determination Date(s): N/A
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Initial Interest Rate: 5.875%
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: .25%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT NO. 5
UNDER MTN-SERIES I PROGRAM: $465,000,000.00
b) CUSIP #42333HKP6
Agent: Lehman Brothers, Inc.
Three World Financial Center
12th Floor
New York, New York 10285
