HELLER FINANCIAL INC
8-K, 1999-07-14
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
Previous: HELLER FINANCIAL INC, 424B3, 1999-07-14
Next: ILLINOIS CENTRAL RAILROAD CO, 8-K, 1999-07-14



<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                            _______________________

                                   FORM 8-K

                                CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



                        Date of Report:  July 12, 1999
                                         -------------
                       (Date of earliest event reported)



                            HELLER FINANCIAL, INC.
                            ----------------------
            (Exact name of registrant as specified in its charter)



                                   Delaware
                                   --------
                (State or other jurisdiction of incorporation)



            1-6157                                  36-1208070
            ------                                  ----------
   (Commission File Number)             (IRS Employer Identification Number)


             500 West Monroe Street, Chicago, Illinois       60661
             -----------------------------------------       -----
             (Address of principal executive offices)     (Zip Code)


                                (312) 441-7000
                                --------------
             (Registrant's telephone number, including area code)
<PAGE>

Item 5.      Other Events
- -------      ------------

On July 12, 1999,  Heller Financial, Inc. (the "Registrant") issued a press
release announcing the declaration of dividends on its two classes of common
stock, Class A Common Stock (which was issued in May, 1998 and is held publicly)
and Class B Common Stock (all of which is held of record by Fuji America
Holdings, Inc.), and on three of the company's preferred stocks, Cumulative
Perpetual Senior Preferred Stock, Series A, Fixed Rate Noncumulative Perpetual
Senior Preferred Stock, Series C and Fixed Rate Noncumulative Perpetual Senior
Preferred Stock, Series D.  A copy of the press release is attached.


Item 7.  Financial Statements and Exhibits
- -------  ---------------------------------

(c)  Exhibits

99  Heller Financial, Inc. - Press Release



                                   SIGNATURE

  Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


Dated:  July 12, 1999
       --------------



                                            HELLER FINANCIAL, INC.



                                            By:  /s/ Lauralee E. Martin
                                                 -------------------------------
                                                    Lauralee E. Martin
                                            Title:  Executive Vice President and
                                                    Chief Financial Officer


                                       2
<PAGE>

                                 EXHIBIT INDEX



Exhibit                                                           Sequentially
Number                                                            Numbered Pages
- ------                                                            --------------

99    Heller Financial, Inc. - Press Release                      4


                                       3

<PAGE>

                                                                      EXHIBIT 99
                        Heller Financial, Inc. Announces
                        --------------------------------
         Dividend Declarations for Class A and B Common Stocks and for
         -------------------------------------------------------------
                       Series A, C and D Preferred Stocks
                       ----------------------------------

     (Chicago, IL, July 12, 1999) --Heller Financial, Inc. (NYSE: HF) today
declared dividends on its two classes of common stock, Class A Common Stock
(which was issued in May, 1998 and is held publicly) and Class B (all of which
is held of record by Fuji America Holdings, Inc.), and on three of the Company's
preferred stocks, Cumulative Perpetual Senior Preferred Stock, Series A, Fixed
Rate Noncumulative Perpetual Senior Preferred Stock, Series C, and Fixed Rate
Noncumulative Perpetual Senior Preferred Stock, Series D.

     The Company declared a quarterly dividend of $0.09 on each outstanding
share of its Class A Common Stock and Class B Common Stock, payable on August
16, 1999 to the holders of record thereof on July 21, 1999.  In total,
approximately 90,000,000 shares of Class A and Class B Common stock are
outstanding.

     The Company declared a quarterly dividend of $0.5078125 on each share of
the 5,000,000 outstanding shares of the Cumulative Perpetual Senior Preferred
Stock, Series A, payable on August 16, 1999 to the holders of record thereof on
July 30, 1999.

     The Company declared a quarterly dividend of $1.67175 on each share of the
1,500,000 outstanding shares of the Fixed Rate Noncumulative Perpetual Senior
Preferred Stock, Series C, payable on August 16, 1999 to the holders of record
thereof on July 30, 1999.

     The Company declared a quarterly dividend of $1.7375 on each share of the
1,250,000 outstanding shares of the Fixed Rate Noncumulative Perpetual Senior
Preferred Stock, Series D, payable on August 16, 1999 to the holders of record
thereof on July 30, 1999.

     Heller Financial, Inc. is a worldwide commercial finance company providing
a broad range of financing solutions to middle-market and small business
clients. With more than $14 billion in owned and managed assets, Heller offers
equipment financing and leasing, sales finance programs, factoring and working
capital loans, collateral- and cash flow-based financing, and financing for
commercial real estate. The Company also offers trade finance, factoring, asset-
based lending, leasing and vendor finance products and programs to clients in
Europe, Asia, Australia and Latin America. Heller's common stock is listed as
"HF" on the New York and Chicago Stock Exchanges. Heller can be found on the
World Wide Web at www.hellerfin.com.

                                       4


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission