***REVISED***
PRICING SUPPLEMENT NO. 96-45 Dated February 13, 1997 Rule 424(b)(2)
To Prospectus Supplement Dated August 22, 1996 File No. 33-64357
BENEFICIAL CORPORATION
Medium-Term Notes, Series H
(Book Entry Notes)
JP Morgan Securities Inc. purchased $64,000,000 principal amount of
these Medium-Term Notes, Series H, maturing on April 2, 2002, at a
principal price of $63,943,526.00 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: April 2, 2002 Interest Reset Dates:
Same as Interest Payment Dates
Interest Rate Basis:
LIBOR Settlement Date (Issue Date):
February 19, 1997
Specify Other Base Rate: N/A
Calculation Agent:
Index Maturity: 3-month (See The Chase Manhattan Bank
Special Provisions)
Optional Repayment Date(s):
Spread: plus 0.21% 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:
The 1st day of each January, April, Special Provistions
July, and October commencing on The Index Maturity to be used on
April 1, 1997 through and including the initial Interest Reset Date
January 1, 2002 with a long last (the Settlement Date) shall be
coupon payment on April 2, 2002. the straight average of 1-month
and 2-month LIBOR.
Intial Interest Rate:
Determined as if the Settlement
Date was an Interest Reset Date.
