PRICING SUPPLEMENT NO. 97-17 Dated December 3, 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)
Salomon Brothers Incorporated purchased $40,000,000 principal amount of these
Medium-Term Notes, Series I, maturing on December 8, 1999, at a principal price
of $40,000,000 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: December 8, 1999 Interest Reset Dates:
Each Business Day to, but
CUSIP Number: 08172MHF6 excluding the Maturity Date.
Interest Rate Basis: Settlement Date (Issue Date):
Federal Funds Rate December 8, 1997
Index Maturity: N/A Calculation Agent
The Chase Manhattan Bank
Specify Other Base Rate: N/A
Optional Repayment Dates(s):
Spread: plus 0.25% N/A
Spread Multiplier: N/A Additional Terms:
For the purposes of the Notes
Maximum Interest Rate: N/A contemplated hereunder, interest
payments will include interest
Minimum Interest Rate: N/A accrued to, but excluding the
Interest Payment Date.
Interest Payment Dates:
Quarterly on the 8th of each March,
June, September, and December,
commencing on March 8, 1998,
through and including
the Maturity Date.
Initial Interest Rate:
Determined as if the Settlement
Date was an Interest Reset Date
