PROSPECTUS Pricing Supplement No. 1868
Dated April 1, 1994 Dated May 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: May 26, 1994
Principal Amount (in Specified Currency): $50,000,000
Settlement Date (Original Issue Date): June 3, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: June 3, 1996
Agent's Discount or Commission: .000%
Price to Public (Issue Price): 100.00%
Net Proceeds to Issuer (in Specified Currency): $50,000,000
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
__ LIBOR __ Prime Rate X Treasury Rate __ Other
Spread (Plus or Minus): +.150%
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. 1868
Dated May 26, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Alternate Rate Event Spread:
Initial Interest Rate Per Annum: To be determined two Business
Days prior to the Original Issue Date based on the floating
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: The 3rd day of September, December,
March and June of each year up to and including the
Maturity Date, commencing September 3, 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
Amortizing Notes:
Amortization Schedule: N/A
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(Floating Rate Notes)
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Pricing Supplement No. 1868
Dated May 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 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 3rd day of September, December, March and June of each year up
to and including the Maturity Date (each, an "Interest Payment
Date"), commencing September 3, 1994. 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.
Donaldson, Lufkin & Jenrette Securities Corporation will act as
Calculation Agent with respect to the Notes.
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(Floating Rate Notes)
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Pricing Supplement No. 1868
Dated May 26, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Plan of Distribution:
The Notes are being distributed by Donaldson, Lufkin & Jenrette
Securities Corporation, as agent (hereinafter referred to as the
"Agent"), at 100% of their principal amount. The Agent is acting
as an agent solely with respect to the distribution of the Notes
pursuant to the terms of an accession letter, dated May 26, 1994,
under the Amended and Restated U.S. Distribution Agreement dated
August 31, 1994, as amended.
