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Rule 424(b)(3)
File No. 333-58723
Pricing Supplement No. 46 Dated October 19, 1999
(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- Floating Rate)
Due From Nine Months to Thirty Years From Date of Issue
Principal Amount: $425,000,000 Issue Price: 100.00%
Original Issue Date: October 22, 1999 Stated Maturity Date: October 22, 2001
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 22nd day of January, April, July and October, beginning January 24, 2000 up
to and including the Stated Maturity Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 22nd day of January, April, July and October, beginning January
24, 2000 up to and including the Stated Maturity Date.
Interest Determination Date Dates: Two London Banking Days prior to each
Interest Reset Date
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Initial Interest Rate: 6.5525 %
Index Maturity: 3 Month Libor
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.33% 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: .0945%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT
NO. 46 UNDER MTN-SERIES I PROGRAM: $3,436,375,000.00
b) CUSIP #42333HMG4
Agent:
Barclays Capital Inc. Chase Securities Inc. Lehman Brothers Inc.
222 Broadway, 7th Floor 270 Park Avenue Three World Financial Center,
New York, NY 10038 New York, New York 10017 12th Floor
New York, NY 10285-1200
J.P. Morgan Securities Inc. Warburg Dillon Read LLC
60 Wall Street 677 Washington Blvd.
New York, NY 10260 Stamford, CT 06912