PROSPECTUS Pricing Supplement No. 2063
Dated April 1, 1994 Dated November 23, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-54009
Dated April 1, 1994
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Fixed Rate Notes)
Series: A __ B X C __ Trade Date: November 23, 1994
Principal Amount (in Specified Currency): US$200,000,000
Settlement Date (Original Issue Date): December 20, 1994
If principal amount is stated in other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: December 20, 1996
Agent's Discount or Commission: 1.125%
Price to Public (Issue Price): 100.960%
Net Proceeds to Issuer: US$199,665,000
Interest:
Interest Rate Per Annum: 7.375%
Interest Payment Dates:
__ September 15 of each year
X Other: December 20 of each year commencing December 20, 1995.
Repayment, Redemption and Acceleration:
Optional Repayment Date(s): N/A
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration: N/A
Original Issue Discount
Amount of OID: N/A
Yield to Maturity: N/A
Interest Accrual Date: N/A
Initial Accrual Period OID: 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.
<PAGE>
(Fixed Rate Notes)
Page 2
Pricing Supplement No. 2063
Dated November 23, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Amortizing Notes:
Amortization Schedule: N/A
Form and Denomination:
The Notes will initially be issued in the form of a temporary
global bearer note, without interest coupons, which will be
deposited with or on behalf of a common depositary for Morgan
Guaranty Trust Company of New York, Brussels office, as operator
of the Euroclear System and Cedel, societe anonyme for credit to
the account designated by or on behalf on the purchasers
thereof. The temporary global note will be exchangeable for
definitive bearer notes after the expiration of the Restricted
Period, all as described in the Prospectus Supplement under the
heading "DESCRIPTION OF NOTES--Forms, Denominations, Exchange
and Transfer." The Notes will be available in denominations of
US$1,000, US$10,000 and US$100,000.
Plan of Distribution:
The Notes are being purchased by the following institutions in
their respective amounts set forth below pursuant to the terms
of the Amended and Restated Euro Distribution Agreement dated as
of August 31, 1993 (the "Amended and Restated Euro Distribution
Agreement" and a Terms Agreement with respect to the Notes; all
references in the Prospectus Supplement to the Euro Distribution
Agreement as so amended and restated):
<PAGE>
(Fixed Rate Notes)
Page 3
Pricing Supplement No. 2063
Dated November 23, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Financial Institution Amount of Notes
(US Dollars)
Swiss Bank Corporation 151,000,000
Banque Paribas 3,000,000
Barclays de Zoete Wedd Limited 3,000,000
CS First Boston Limited 3,000,000
Deutsche Bank AG London 3,000,000
Goldman Sachs International 3,000,000
Lehman Brothers International (Europe) 3,000,000
Merrill Lynch International Limited 3,000,000
Midland Bank plc 3,000,000
J.P. Morgan Securities Ltd. 3,000,000
Morgan Stanley & Co. International Limited 3,000,000
Nomura International plc 3,000,000
UBS Limited 3,000,000
ABN AMRO Bank N.V. 1,000,000
Banca del Gottardo 1,000,000
Bank of Tokyo Capital Markets Limited 1,000,000
Banque Bruxelles Lambert S.A. 1,000,000
Generale Bank 1,000,000
IBJ International plc 1,000,000
Internationale Nederlanden Bank N.V. 1,000,000
Kidder, Peabody International PLC 1,000,000
LTCB International Limited 1,000,000
ScotiaMcLeod Inc. 1,000,000
Societe Generale Strauss Turnbull Limited 1,000,000
S.G. Warburg Securities Ltd. 1,000,000
Wood Gundy Inc. 1,000,000
Total 200,000,000
The above-listed financial institutions are hereinafter referred
to as the "Managers." To the extent that any of the Managers
are not Agents under the Euro Distribution Agreement, the
Company has appointed such non-Agent Managers as Agent
thereunder for this transaction. The Company has agreed to
indemnify the Managers against and contribute toward certain
liabilities, including liabilities under the Securities Act of
1933, as amended. The combined management and underwriting
commission payable by the Company to the Agents with respect to
the respective purchases of the Notes is 0.125% of the principal
amount of the Notes. The purchase price payable to the Company
by the Agents will also be reduced by a selling concession of
1.00% of the principal amount of the Notes.
<PAGE>
(Fixed Rate Notes)
Page 4
Pricing Supplement No. 2063
Dated November 23, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
In connection with this issue, Swiss Bank Corporation may over-
allot or effect transactions which stabilize or maintain the
market price of the Notes at a level which might not otherwise
prevail. Such stabilizing, if commenced, may be discontinued at
any time.