ALCO CAPITAL RESOURCE INC
424B2, 1996-12-06
PAPER & PAPER PRODUCTS
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Pricing Supplement No. 50                                     Filing Under
                      ---                                     Rule 424(b)(2)
(To Prospectus Supplement dated June 30, 1995
including the Prospectus dated May 18, 1995)

Trade Date: 12/4/96                                           Registration
           -------------------                                File No.
                                                              33-59227



      IKON Capital, Inc.(formerly known as Alco Capital Resource, Inc.)
- --------------------------------------------------------------------------------

                              Medium Term Notes


CUSIP:  01374QCK2
      ---------------------------------
Principal Amount:  12,000,000           Floating Rate Notes: N/A       
                 ----------------------                      -------------------
Interest Rate (if fixed rate): 6.30%           Interest Rate Basis: N/A         
                              ---------                            -------------
Interest Payment Date(s):  N/A             -Commercial Paper Rate:              
                         --------------                           ----------  
   (other than June 15 and December 15)    -Prime Rate:                        
Regular Record Date(s): N/A                            ---------------------   
                       ----------------    -LIBOR:                              
   (other than May 31 and November 30)            --------------------------    
Stated Maturity: 12/10/01                  -Treasury Rate:                      
                -----------------------                   ------------------    
Specified Currency:  US Dollars            -CD Rate:                            
                    -------------------             ------------------------    
Applicable Exchange Rate                   -Federal Funds Rate:                 
            (if any):  N/A                                     -------------    
                     ------------------    -Other:                              
   US Dollar $1.00 =  N/A                         --------------------------    
                     ------------------                                         
Issue Price (as a percentage of           Index Maturity: N/A                   
             principal amount):  100%                     ------------------    
                               --------   Spread:   N/A                         
Selling Agent:                                   ---------------------------    
  -Lehman Brothers:                       Spread Multiplier:  N/A               
                   ----------------                         ----------------    
  -Chase Securities, Inc.:                Maximum Interest Rate:  N/A           
                          ---------                             ------------    
  -Goldman, Sachs & Co:                   Minimum Interest Rate:  N/A           
                       ------------                             ------------    
  -Merrill Lynch & Co:       X            Initial Interest Rate:  N/A           
                      -------------                             ------------    
  -Other:                                     Interest Reset Date(s)            
         --------------------------           (if semi-annually or annually):   
                                                                                
Selling Agent's Commission (%): .50%          ------------------------------    
                               --------         Third Wednesday of: N/A  
Purchasing Agent: N/A                                              ------------
                 ----------------------          Interest Reset Date (if weekly,
Purchasing Agent's Discount or                   monthly, or quarterly):       
   Commission (%): N/A                                                  -------
                  ---------------------   Interest Determination Date(s):  N/A  
Type of Sale:                                                            -----  
        As Agent: X   As Principal:       Calculation Date(s):  N/A             
                 ----              ----                       ---------------   
Net proceeds to the Company: 11,940,000   Calculation Agent:  N/A               
                            -----------                     -----------------   
Settlement date                           Interest Payment Date(s): N/A         
  (original issue date):12/09/96                                   ----------   
                        ---------------    (other than June 15 and December 15) 
Redemption Commencement                                                         
  Date (if any): N/A                      Regular Record Date(s): N/A           
                -----------------------                          ------------   
Redemption Period: N/A                     (other than May 31 and November 30)  
                  ---------------------                                         
Exchange Rate Agent: N/A                  Interest Reset Period: N/A            
                    -------------------                         -------------   
Original Issue Discount Security:                                               
        Yes:    No:  X                                                          
            ----   ----                   
                                         
Form:                                    
        Book Entry: X   Certificated             
                   ---              ---          

Authorized by: /s/ O. Gordon Brewer, Jr.
              ------------------------------------------------------


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