-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ky1tfg4CGoW2p/naiJD1ueLlBkGVLIFyf33UZMgBmo1zX3zvFQyVHsU64NtZEQct cL3hmgB4SZtpFUOA9fzUSw== 0000096638-96-000017.txt : 19960605 0000096638-96-000017.hdr.sgml : 19960605 ACCESSION NUMBER: 0000096638-96-000017 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960604 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANTA CORP CENTRAL INDEX KEY: 0000096638 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 231462070 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 033-62601 FILM NUMBER: 96576668 BUSINESS ADDRESS: STREET 1: 650 NAAMANS RD STREET 2: BRANDYWINE CORP CTR CITY: CLAYMONT STATE: DE ZIP: 19703 BUSINESS PHONE: 2156574000 MAIL ADDRESS: STREET 1: BRANDYWINE CORPORATE CENTER STREET 2: 650 NAAMANS ROAD CITY: CLAYMONT STATE: DE ZIP: 19703 FORMER COMPANY: FORMER CONFORMED NAME: TSO FINANCIAL CORP DATE OF NAME CHANGE: 19880306 FORMER COMPANY: FORMER CONFORMED NAME: TEACHERS SERVICE ORGANIZATION INC DATE OF NAME CHANGE: 19850812 424B3 1 Pricing Supplement dated May 31, 1996 Rule 424(b)(3) (To Prospectus dated November 8, 1993 and File No. 33-50883 Prospectus Supplement dated December 22, 1994) Advanta Corp. Medium-Term Notes, Series B - Floating Rate ======================================================================== Principal Amount: $10,500,000 Initial Interest Rate: Agent's Discount or Commission: $52,500 To be determined 6/3/96 Net Proceeds to Issuer: $10,447,500 Stated Maturity Date: 6/5/2001 Issue Price: 100% Original Issue Date: 6/5/96 Trade Date: 5/31/96 ======================================================================== Calculation Agent: Chase Manhattan Bank Cusip No.: 00756QBH0 Interest Calculation: [ X] Regular Floating Rate Note [ ] Floating Rate/Fixed Rate Note (Fixed Rate Commencement Date): [ ] Inverse Floating Rate Note (Fixed Interest Date): (Fixed Interest Rate): [ ] Other Floating Rate Note (see attached) Interest Rate Basis: [ ] CD Rate [ ] Commercial Paper Rate [ ] Eleventh District Cost of Funds Rate [ ] Federal Funds Rate [ ] LIBOR Index Currency: [ ] LIBOR Reuters [ ] Treasury Rate [ X] LIBOR Telerate [ ] Other: [ ] CMT Rate Designated CMT Telerate Page: Designated CMT Maturity Index: Initial Interest Reset Date: 7/5/96 Spread (+/-): +0.4300% Interest Reset Dates: The fifth day of Spread Multiplier: N/A each calendar month Maximum Interest Rate: N/A Minimum Interest Rate: N/A Interest Payment Dates: The fifth day of each calendar month Index Maturity: 1-Month LIBOR Day Count Convention: [ ] 30/360 for the period from to [ X] Actual/360 for the period from 6/5/96 to 6/4/2001 [ ] Actual/Actual for the period from to Redemption: [ X] The Notes cannot be redeemed prior to the Stated Maturity Date. [ ] The Notes may be redeemed prior to the Stated Maturity Date. Initial Redemption Date: Initial Redemption Percentage: _____% Annual Redemption Percentage Reduction: ____% until Redemption Percentage is 100% of the principal amount. Repayment: [ X] The Notes cannot be repaid prior to the Stated Maturity Date. [ ] The Notes can be repaid prior to the Stated Maturity Date at the option of the holder of the Notes. Optional Repayment Date(s): Repayment Price: ________% Currency: Specified Currency: U.S. Dollars (If other than U.S. dollars, see attached) Minimum Denominations: N/A (Applicable only if Specified Currency is other than U.S. dollars) Original Issue Discount: [ ] Yes [X] No Total Amount of OID: Yield to Maturity: Initial Accrual Period: Form: [X] Book Entry [ ] Certificated Agent acting in the capacity as indicated below: [X] Agent [ ] Principal If as Principal: [ ] The Notes are being offered at varying prices related to prevailing market prices at the time of resale. [ ] The Notes are being offered at a fixed initial public offering price of _____% of principal amount. If as Agent: The Notes are being offered at a fixed initial public offering price of 100% of principal amount. [ ] Merrill Lynch & Co. [ ] CS First Boston [ X] Salomon Brothers Inc [ ] Other Provisions: -----END PRIVACY-ENHANCED MESSAGE-----