PRICING SUPPLEMENT NO. 97-16 Dated December 2,1997 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)
Credit Suisse First Boston Corporation purchased $31,500,000 principal amount of
these Medium-Term Notes, Series I, maturing on September 5, 2000, at a principal
price of $31,500,000 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: September 5, 2000 Interest Reset Dates:
Same as Interest Payment Dates
CUSIP Number: 08172MHE9
Settlement Date (Issue Date):
Interest Rate Basis: December 5, 1997
LIBOR
Calculation Agent:
Index Maturity: 3-month The Chase Manhattan Bank
Specify Other Base Rate: N/A Optional Repayment Dates(s):
N/A
Spread: plus 0.10%
Additional Terms:
Spread Multiplier: N/A For the purposes of the Notes
contemplated hereunder, interest
Maximum Interest Rate: N/A payments will include interest
accrued to, but excluding the
Minimum Interest Rate: N/A Interest Payment Date.
Interest Payment Dates:
The 5th of each March, June,
September and December,
commencing on March 5, 1998
through and including the
Maturity Date.
Initial Interest Rate:
Determined as if the Settlement
Date was an Interest Reset Date
