PRICING SUPPLEMENT NO. 95-16 Dated August 31, 1995 Rule 424(b)(2)
To Prospectus Supplement Dated March 2, 1995 File No. 33-57541
BENEFICIAL CORPORATION
Medium-Term Notes, Series H
(Book Entry Notes)
UBS Securities Inc. purchased $80,000,000 principal amount of these
Medium-Term Notes, Series H, maturing on August 31, 1998, at a principal
price of $80,000,000.00 for resale to investors from time to time at
prices based on market conditions at the time of resale.
Floating Rate Notes Due 9 Months or More from Date of Issue
Maturity Date: August 31, 1998 Interest Payment Period:
Quarterly
Interest Rate Basis:
Federal Funds Rate Interest Reset Period:
Daily
Specify Other Base Rate: N/A
Interest Reset Dates:
Index Maturity: N/A Each Business Day (as further
described in the Prospectus
Spread: plus 0.27% Supplement) except that the rate
applied to the two Business Days
Spread Multiplier: N/A prior to maturity or any
Interest Payment Date will be
Maximum Interest Rate: N/A the rate applied to the second
Business Day preceding such
Minimum Interest Rate: N/A maturity or Interest Payment
Date.
Interest Payment Dates: Settlement Date (Issue Date):
November 30, 1995 September 12, 1995
February 29, 1996
May 31, 1996 Calculation Agent:
August 30, 1996 Chase Manhattan Bank, N.A.
November 29, 1996
February 28, 1997 Optional Repayment Date(s):
May 30, 1997 N/A
August 29, 1997
November 28, 1997 Additional Terms:
February 27, 1998 For the purposes of the Notes
May 29, 1998 contemplated hereunder interest
August 31, 1998 payments will include interest
accrued to, but excluding, the
Initial Interest Rate: Interest Payment Date.
Determined as if the Settlement
Date was an Interest Reset Date.
Interest Determination Date:
Same as Interest Reset Date.
