PROSPECTUS Pricing Supplement No. 1937
Dated April 1, 1994 Dated July 26, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-50909
Dated April 1, 1994
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Floating Rate Notes)
Series: A X B __ C __ Trade Date: July 26, 1994
Principal Amount (in Specified Currency): $50,000,000
Settlement Date (Original Issue Date): August 1, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: August 1, 1996
Agent's Discount or Commission: .0550%
Price to Public (Issue Price): 100.00%
Net Proceeds to Issuer (in Specified Currency): $49,972,500
Interest Rate:
Interest Calculation:
X Regular Floating Rate
__ Inverse Floating Rate
__ Other Floating Rate
Interest Rate Basis:
__ CD Rate __ Commercial Paper Rate X Federal Funds Rate
__ LIBOR __ Prime Rate __ Treasury Rate __ Other
Spread (Plus or Minus): +.200%
Spread Multiplier: N/A
Index Maturity: N/A
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. 1937
Dated July 26, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Alternate Rate Event Spread: N/A
Initial Interest Rate Per Annum: To be determined two Business
Days prior to the Settlement Date based upon application of
the Interest Rate formula set forth above.
Interest Payment Period:
__ Annual __ Semi-Annual __ Monthly X Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: November 1, February 1, May 1 and
August 1 of each year up to and including the Maturity
Date, commencing on November 1, 1994.
Interest Reset Periods and Dates:
X Daily __ Weekly __ Monthly __ Quarterly __ Semiannually
__ Annually;
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: The second Business Day prior to each
Interest Reset Date. 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
Amortizing Notes:
Amortization Schedule: N/A
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(Floating Rate Notes)
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Pricing Supplement No. 1937
Dated July 26, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
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 daily Interest Reset Period
will equal the Federal Funds Rate (as defined below) plus the
Spread set forth on the cover page of this Pricing Supplement.
Interest will be payable quarterly on November 1, February 1, May
1 and August 1 of each year, commencing on November 1, 1994 and
ending on the Maturity Date (each, an "Interest Payment Date").
The interest rate on the Notes will reset daily on each Business
Day during an Interest Payment Period with respect to the
applicable Interest Payment Date (each, an "Interest Reset Date").
The interest rate applicable to each Interest Reset Date will be
determined two Business Day prior to each Interest Reset Date
(each, an "Interest Determination Date"). Interest payments on the
Notes will equal the amount of interest accrued from and including
the next preceding Interest Payment Date in respect of which
interest has been paid (or from and including the Original Issue
Date, if no interest has been paid with respect to the Notes) to
but excluding the related Interest Payment Date.
Further information with respect to the determination of the
Federal Funds Rate is provided under the caption "DESCRIPTION OF
NOTES--Interest and Interest Rate--Floating Rate Notes--Federal
Funds Rate Notes" in the accompanying Prospectus Supplement.
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(Floating Rate Notes)
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Pricing Supplement No. 1937
Dated July 26, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
UBS Limited shall act as Calculation Agent with respect to the
Notes.
Plan of Distribution:
The Notes are being purchased by UBS Limited as principal
(hereinafter referred to as the "Underwriter") at the Issue Price
of 100% less an underwriting discount of .0550%. The Company has
agreed to indemnify the Underwriter against and contribute toward
certain liabilities, including liability under the Securities Act
of 1933, as amended.
