PROSPECTUS Pricing Supplement No. 1848
Dated April 1, 1994 Dated May 5, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-58506
Dated April 1, 1994 Rule 424(b)(3)-Registration Statement
No. 33-50909
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Floating Rate Notes)
Series: A X B __ C __ Trade Date: May 5, 1994
Principal Amount (in Specified Currency): $97,000,000
Settlement Date (Original Issue Date): May 9, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: May 9, 1996
Agent's Discount or Commission: .0200%
Price to Public (Issue Price): 100.00%
Net Proceeds to Issuer (in Specified Currency): $96,980,600
Interest Rate:
Interest Calculation:
X Regular Floating Rate
__ Inverse Floating Rate
__ Other Floating Rate
Interest Rate Basis:
__ CD Rate __ Commercial Paper Rate __ Federal Funds Rate
__ LIBOR __ Prime Rate X Treasury Rate __ Other
Spread (Plus or Minus): +.200%
Spread Multiplier: N/A
Index Maturity: 3 Month
Index Currency: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
CAPITALIZED TERMS USED IN THIS PRICING SUPPLEMENT WHICH ARE DEFINED
IN THE PROSPECTUS SUPPLEMENT SHALL HAVE THE MEANINGS ASSIGNED TO
THEM IN THE PROSPECTUS SUPPLEMENT.
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(Floating Rate Notes)
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Pricing Supplement No. 1848
Dated May 5, 1994
Rule 424(b)(3)-Registration Statement
No. 33-58506
Rule 424(b)(3)-Registration Statement
No. 33-50909
Alternate Rate Event Spread: N/A
Initial Interest Rate Per Annum: 4.30% for the first weekly
Interest Reset Period.
Interest Payment Period: __ Annual __ Semi-Annual __ Monthly
X Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: The 9th day of August, November,
February and May of each year up to and including the
Maturity Date, commencing August 9, 1994.
Interest Reset Periods and Dates:
__ Daily X Weekly __ Monthly __ Quarterly __ Semiannually
__ Annually; See "Additional Terms-Interest".
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: See "Additional Terms-Interest".
Form of Notes:
X DTC registered __ non-DTC registered
Repayment, Redemption and Acceleration:
Optional Repayment Date: N/A
Annual Redemption Percentage Reduction: N/A
Initial Redemption Date: N/A
Modified Payment Upon Acceleration: N/A
Initial Redemption Percentage: N/A
Original Issue Discount
Amount of OID: N/A
Interest Accrual Date: N/A
Yield to Maturity: N/A
Initial Accrual Period OID: N/A
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(Floating Rate Notes)
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Pricing Supplement No. 1848
Dated May 5, 1994
Rule 424(b)(3)-Registration Statement
No. 33-58506
Rule 424(b)(3)-Registration Statement
No. 33-50909
Amortizing Notes:
Amortization Schedule: N/A
Dual Currency Notes:
Face Amount Currency: N/A
Option Value Calculation Agent: N/A
Optional Payment Currency: N/A
Option Election Date(s): N/A
Designated Exchange Rate: N/A
Indexed Notes:
Currency Base Rate: N/A
Determination Agent: N/A
Additional Terms:
Interest
The interest rate applicable to each Interest Reset Period will
equal the Treasury Rate plus the Spread set forth on the cover page
of this Pricing Supplement. Interest will be payable quarterly on
the 9th day of August, November, February and May of each year up
to and including the Maturity Date (each, an "Interest Payment
Date"). The interest rate on the Notes will reset weekly on each
Tuesday except as specified below (each, an "Interest Reset Date").
The Interest Determination Date with respect to an Interest Reset
Date will be the day in the week in which the related Interest
Reset Date falls on which day Treasury Bills (as defined in the
Prospectus Supplement) are normally auctioned (Treasury Bills are
normally sold at auction on Monday of each week, unless that day is
a legal holiday, in which case the auction is normally held on the
following Tuesday, except that such auction may be held on the
preceding Friday); provided however, that if an auction is held on
the Friday of the week preceding the related Interest Reset Date,
the related Interest Determination Date will be such preceding
Friday; and provided further, that if an auction falls on any
Interest Reset Date, then the related Interest Reset Date will
instead be the Business Day following such auction.
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(Floating Rate Notes)
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Pricing Supplement No. 1848
Dated May 5, 1994
Rule 424(b)(3)-Registration Statement
No. 33-58506
Rule 424(b)(3)-Registration Statement
No. 33-50909
Plan of Distribution:
The Notes are being purchased by J.P. Morgan Securities Inc.
(hereinafter referred to as the "Agent") at 100% of their principal
amount less a selling concession equal to .020%.
