<PAGE>
Rule 424(b)(3)
File No. 333-84725
Pricing Supplement No. 11 Dated: September 28, 2000
(To Prospectus dated August 17, 1999
Prospectus Supplement dated October 6, 1999)
U.S.$10,000,000,000
Heller Financial, Inc.
Medium-Term Notes, Series J
(Registered Notes- Floating Rate)
Due From Nine Months to Thirty Years From Date of Issue
Principal Amount: $85,000,000 Issue Price: 100.00%
Original Issue Date: October 3, 2000 Stated Maturity Date: October 3, 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 3rd day of January, April, July and October, beginning January 3, 2001, up
to but excluding the Stated Maturity Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 3rd day of January, April, July and October, beginning January
3, 2001 up to and including the Stated Maturity Date.
Interest Determination Date Dates: Two London Banking Days prior to each
Interest Reset Date
Initial Interest Rate: 7.06125%
<PAGE>
Index Maturity: 3 Month Libor
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.25% 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.
Discount or Commission: .094%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT NO.
11 UNDER MTN-SERIES J PROGRAM: $1,540,000,00.00
b) CUSIP #42333HMU3
Agents:
Merrill Lynch & Co., Deutsche Bank Securities Inc.
Merrill Lynch, Pierce, Fenner & Smith 31 W. 52/nd/ St.
Incorporated New York, NY 10019
250 Vesey St.
New York, NY 10281-1310
<PAGE>
Rule 424(b)(3)
File No. 333-84725
Pricing Supplement No. 12 Dated: September 28, 2000
(To Prospectus dated August 17, 1999
Prospectus Supplement dated October 6, 1999)
U.S.$10,000,000,000
Heller Financial, Inc.
Medium-Term Notes, Series J
(Registered Notes- Floating Rate)
Due From Nine Months to Thirty Years From Date of Issue
Principal Amount: $50,000,000 Issue Price: 100.00%
Original Issue Date: October 3, 2000 Stated Maturity Date: October 3, 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 [] LIBOR [] Treasury Rate
[X] Federal Funds Rate [] Prime Rate [] Other:
Interest Reset Period: Daily using previous day Fed Funds Effective (H.15)
Interest Payment Period: Quarterly
Interest Reset Dates: (If other than as specified in the Prospectus Supplement):
Daily using previous day Fed Funds Effective (H.15), one day cutoff prior to
payment date, up to but excluding the Stated Maturity Date.
Interest Payment Dates: (If other than as specified in the Prospectus
Supplement): The 3rd day of January, April, July and October , beginning January
3, 2001up to and including the Stated Maturity Date.
Interest Determination Date Dates: Daily Fed Funds - previous day Fed Funds
Effective (H.15)
<PAGE>
Initial Interest Rate: To be determined
Index Maturity: Daily Fed Funds - previous day Fed Funds Effective (H.15)
Day Count Convention: Act/360
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Spread (+/-): +.45% 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.
Discount or Commission: .094%
Other Provisions: a) AMOUNT ISSUED TO DATE, PRIOR TO PRICING SUPPLEMENT NO.
11 UNDER MTN-SERIES J PROGRAM: $1,625,000,00.00
b) CUSIP #42333HMV1
Agent:
Merrill Lynch & Co.,
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
250 Vesey St.
New York, NY 10281-1310
