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Rule 424(b)(3)
File No. 333-58723
Pricing Supplement No. 47 Dated: January 18, 2000
(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: $75,000,000 Issue Price: 100.00%
Original Issue Date: January 21, 2000 Stated Maturity Date: January 22, 2002
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 January, April, July and October, beginning April 21, 2000 up to
and including the Stated Maturity Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 21st day of January, April, July and October, beginning April
21, 2000 up to and including the Stated Maturity Date.
Interest Determination Date Dates: Two London Banking Days prior to each
Interest Reset Date
Initial Interest: 6.2975%
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Index Maturity: 3 Month Libor
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.26% 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: .13736%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT NO. 47
UNDER MTN-SERIES I PROGRAM: $3,861,375,000.00
b) CUSIP #42333HMH2
Agent: J.P. Morgan Securities Inc. Warburg Dillon Read LLC
60 Wall Street 677 Washington Blvd.
New York, NY 10260 Stamford, CT 06912
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500 West Monroe Street
Chicago, Illinois 60661
312 441 7128
312 441 7456 fax
[email protected]
[LETTERHEAD]
Heller Financial Mark J. Ohringer
Deputy General Counsel
January 20, 2000
VIA EDGAR
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Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Attention: Filing Desk
Re: Heller Financial, Inc.
Registration Statement No. 333-58723
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Dear Madam or Sir:
I hereby transmit for filing, pursuant to Rule 424(b)(3) under the
Securities Act of 1933 (the "Act"), Pricing Supplement No. 47 dated January 18,
2000 to the Prospectus dated July 17, 1998 and Prospectus Supplement dated
August 28, 1998.
The Pricing Supplement has been marked in accordance with Rule 424(e) under
the Act.
Sincerely,
/s/ Mark J. Ohringer
Mark J. Ohringer
cc: Filing Desk Chicago Stock Exchange
New York Stock Exchange, Inc. 440 S. LaSalle Street
20 Broad St. Chicago, IL 60605
New York, NY 10005