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Filed Pursuant to Rule 424(b)(2)
Registration No. 33-61601-01
BANPONCE FINANCIAL BANPONCE FINANCIAL CORPORATION
CORPORATION C/O CT Corporation
1309 Oranage Street
Wilmington, Delaware 19801
May 13, 1996
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
BanPonce Financial Corporation
FORM TYPE: 424(B)(2)
I have enclosed with this letter, for filing pursuant to Rule 424(b)(2) under
the Securities Act of 1933, as amended (the "Act"), in accordance with
Regulation S-T, a copy of the Pricing Supplement dated May 13, 1996, to the
Prospectus dated September 27, 1995 and the Prospectus Supplement dated October
6, 1995. Subject Pricing is related with the Registration Statements on Forms
S-3 (No. 33-61601-01) of BanPonce Financial Corporation.
Cordially,
/s/ Eric J. Pacheco
- -------------------
Eric J. Pacheco
Vice President
ges
Enclosure
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Pricing Supplement, dated May 13, 1996
to Prospectus dated September 27, 1995 and
Prospectus Supplement dated October 6, 1995
BanPonce Financial Corporation
MEDIUM-TERM SERIES C
Due From Nine Months to 30 Years From Date of Issue
Unconditionally Guarantee as to
Payment of Principal, Premium, if any, and Interest by
BANPONCE CORPORATION
PRINCIPAL AMOUNT .................................. U.S. $15,000,000.00
ORIGINAL ISSUE DATE................................ May 15, 1996
MATURITY DATE ..................................... May 17, 1999
GLOBAL NOTE ....................................... Yes
INITIAL INTEREST RATE ............................. 6.71%
INTEREST RATE BASIS ............................... Fixed
INDEX MATURITY .................................... N/A
SPREAD ............................................ N/A
INTEREST RATE RESET PERIOD ........................ N/A
INTEREST PAYMENT PERIOD ........................... June 15, December 15 and at
the maturity date
The proceeds from the issuance of the Note to which this Pricing Supplement
relates will be used to finance BanPonce Financial Corporation Subsidiaries.