PROSPECTUS Pricing Supplement No. 1974
Dated April 1, 1994 Dated August 17, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-50909
Dated April 1, 1994 Rule 424(b)(3)-Registration Statement
No. 33-54009
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Floating Rate Notes)
Series: A X B __ C __ Trade Date: August 17, 1994
Principal Amount (in Specified Currency): US$200,000,000
Settlement Date (Original Issue Date): August 22, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: August 22, 1996
Agent's Discount or Commission: 0.0925%
Price to Public (Issue Price): 100.00%
Net Proceeds to Issuer (in Specified Currency): US$199,815,000
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
X LIBOR __ Prime Rate __ Treasury Rate __ Other
Spread (Plus or Minus): 0.00
Spread Multiplier: N/A
Index Maturity: 3 Months
Index Currency: US Dollars
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. 1974
Dated August 17, 1994
Rule 424(b)(3)-Registration Statement
No. 33-58506
Rule 424(b)(3)-Registration Statement
No. 33-54009
Alternate Rate Event Spread:
Initial Interest Rate Per Annum: To be determined two London
Business Days prior to the Original Issue Date based upon
application of the interest rate formula.
Interest Payment Period:
__ Annual __ Semi-Annual __ Monthly X Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: Each May 22, August 22, November 22 and
February 22, commencing on November 22, 1994 and ending on
the Maturity Date
Interest Reset Periods and Dates:
__ Daily __ Weekly __ Monthly
X Quarterly (On each Interest Payment Date)
__ Semiannually
__ Annually
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: Two London Business Days prior to each
Interest Reset Dates.
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
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
Amortizing Notes:
Amortization Schedule: N/A
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(Floating Rate Notes)
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Pricing Supplement No. 1974
Dated August 17, 1994
Rule 424(b)(3)-Registration Statement
No. 33-58506
Rule 424(b)(3)-Registration Statement
No. 33-54009
Dual Currency Notes:
Face Amount Currency: N/A
Optional Payment Currency: N/A
Designated Exchange Rate: N/A
Indexed Notes:
Currency Base Rate: N/A
Additional Terms:
Morgan Guaranty Trust Company will act as the Calculation Agent
with respect to the Notes.
Plan of Distribution:
J.P. Morgan Securities Inc. is acting as Agent in connection
with the distribution of the Notes. The Agent will receive a
commission equal to 0.0925% of the aggregate principal amount of
the Notes.
