HOUSEHOLD FINANCE CORP
424B2, 1994-10-28
PERSONAL CREDIT INSTITUTIONS
Previous: HOLLY CORP, 10-K, 1994-10-28
Next: FLEET FINANCIAL GROUP INC /RI/, S-3/A, 1994-10-28



                                        Registration No. 33-55561
                                             Rule 424 (b)(2)

PRICING SUPPLEMENT No. 5 Dated October 25, 1994 (To Prospectus
dated September 23, 1994)

                         $2,500,000,000

     H O U S E H O L D  F I N A N C E  C O R P O R A T I O N

                        Medium Term Notes

           Due Nine Months or More from Date of Issue
                         
Principal Amount:  $100,000,000         

Price to Public:   100%         Proceeds to HFC:  99.95%

Issue Date:  November 1, 1994   Stated Maturity:  November 1, 1995 

Redeemable On or After:  Not Applicable

Interest Rate:     To be determined.

Interest Rate Basis:  Prime Rate 

Spread or Spread Multiplier:  Minus 2.70% (-270 basis points).

Interest Payment Dates:  On the 1st day of February, May, August
and November of each year, commencing on February 1, 1995, and the
Stated Maturity.  If said day is not a Business Day, payments shall
be made on the next succeeding Business Day (with adjustment for
additional interest accrual).

Regular Record Date:  The date fifteen (15) calendar days (whether
     or not a Business Day) prior to each Interest Payment Date or
     the Stated Maturity, as the case may be.

Interest Reset Date: Each Business Day, to but excluding the Stated
     Maturity, except that the Interest Rate in effect two Business
     Days before an Interest Payment Date or the Stated Maturity
     shall be the Interest Rate to but excluding said Interest
     Payment Date or Stated Maturity Date, as the case may be.

Interest Determination Date:  The Business Day preceding each 
     Interest Reset Date.

Index Maturity:  One Business Day.

Agents:   Merrill Lynch, Pierce, Fenner & Smith Incorporated      
          and Lehman Brothers, a division of Lehman Brothers
          Holding, Inc.
Agents' Discount or Commission: .05% 
U:\LAW\TR\MTN\VAV-SUPP.005


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