PRICING SUPPLEMENT NO. 97-27 Dated April 29, 1998 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 May 4, 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: May 4, 1999 Initial Interest Rate:
Determined as if the Settlement
CUSIP Number: 08172M HV1 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):
May 4, 1998
Index Maturity: 3-month
Calculation Agent:
Spread: minus 0.06% 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 4th day of each February, May, accrued to, but excluding, the
August and November commencing Interest Payment Date.
on August 4, 1998 through and
including the Maturity Date.
