PRICING SUPPLEMENT NO. 97-21 Dated December 11, 1997 Rule 424(b)(2)
To Prospectus Supplement Dated July 25, 1997 File No. 333-30543
BENEFICIAL CORPORATION
Medium-Term Notes, Series I
(Book Entry Notes)
Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated,
purchased $50,000,000 principal amount of these Medium-Term Notes, Series I,
maturing on January 12, 1999, at a principal price of $50,000,000.00 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: January 12, 1999 Initial Interest Rate:
Determined as if the Settlement
CUSIP Number: 08172M HK5 Date was an Interest Reset Date.
Interest Rate Basis: Interest Reset Dates:
LIBOR Same as Interest Payment Dates
Specify Other Base Rate: N/A Settlement Date (Issue Date):
December 16, 1997
Index Maturity: 1-month
Calculation Agent:
Spread: minus 0.03% The Chase Manhattan Bank
Spread Multiplier: N/A Optional Repayment Date(s):
N/A
Maximum Interest Rate: N/A
Additional Terms:
Minimum Interest Rate: N/A For the purposes of the Notes
contemplated hereunder, interest
Interest Payment Dates: payments will include interest
The 12th day of each month accrued to, but excluding, the
commencing on January 12, 1998, Interest Payment Date.
through and including the Maturity
Date.
