Pricing Supplement Dated June 23, 1994 Rule 424 (b)(2)
File No. 33-37598
(To Prospectus dated January 9, 1991 and
Prospectus Supplement dated February 25, 1991)
NORWEST FINANCIAL, INC.
Senior Subordinated
Medium Term Notes, Series A
(U.S. $ Fixed Rate)
Trade Date: June 23, 1994 Original Issue Date:June 30, 1994
Principal Amount: $25,000,000.00 Net Proceeds to Issuer:$24,961,000.00
Issue Price: 100%
Selling Agent's Commission: $39,000.00
Interest Rate: 6.40%
Maturity Date: November 15, 1996
Form:
X Book Entry Certificated
Redemption:
X The Notes cannot be redeemed prior to maturity
The Notes may be redeemed prior to maturity
Initial Redemption Date:
Initial Redemption Price: %
Annual Redemption Price Reduction: %
Repayment:
X The Notes cannot be repaid prior to maturity
The Notes can be repaid prior to maturity at the option of the holder of
the Note
Repayment Date:
Repayment Price: %
Discount Note:
Yes X No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Selling Agent or Dealer: Salomon Brothers Inc
Salomon Brothers Inc has purchased the Notes as principal in this
transaction for resale to one or more investors at varying prices related
to prevailing market conditions at the time or times of resale as
determined by Salomon Brothers Inc