PROSPECTUS Pricing Supplement No. 1962
Dated April 1, 1994 Dated August 12, 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 __ B X C __ Trade Date: August 12, 1994
Principal Amount (in Specified Currency): CHF 100,000,000
Settlement Date (Original Issue Date): August 19, 1994
If Specified Currency is other than US dollars,
equivalent amount in US dollars: US$76,670,000(*)
(*) Based on the August 12, 1994
exchange rate of CHF 1 = US$ 0.7667
Maturity Date: August 19, 1997
Agent's Discount or Commission: .250%
Price to Public (Issue Price): 100.250%
Net Proceeds to Issuer (in Specified Currency): CHF 100,000,000
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
X LIBOR __ Prime Rate __ Treasury Rate
__ Other (as described below under "Additional Terms")
Spread (Plus or Minus): 0.00
Spread Multiplier: 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>
(Floating Rate Notes)
Page 2
Pricing Supplement No. 1962
Dated August 12, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Index Maturity: Six Months
Index Currency: Swiss francs
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Alternate Rate Event Spread: N/A
Initial Interest Rate Per Annum: To be determined two London
Business Days prior to the Original Issue Date set forth
above based upon application of the interest rate formula.
Interest Payment Period:
__ Annual X Semi-Annual __ Monthly __ Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: Each August 19 and February 19,
commencing February 19, 1995.
Interest Reset Periods and Dates:
__ Daily __ Weekly __ Monthly __ Quarterly
X Semiannually: On each Interest Payment Date.
__ Annually
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: The second London Business Day
preceding each Interest Reset Date.
Form of Notes:
The Notes will 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 (the "Euroclear Operator"), and Cedel, societe
anonyme ("Cedel") for credit to the account designated by or on
behalf of the purchaser thereof. The interests of the
beneficial owner or owners in the temporary global bearer note
will be exchangeable after the expiration of the Restricted
Period for an interest in a permanent global bearer note as
described in the Prospectus Supplement under the caption
"DESCRIPTION OF NOTES--Forms, Denominations, Exchange and
Transfer".
<PAGE>
(Floating Rate Notes)
Page 3
Pricing Supplement No. 1962
Dated August 12, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
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
Amortizing Notes:
Amortization Schedule: N/A
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:
References herein to "CHF" or "Swiss francs" are to the lawful
currency of Switzerland.
The Chase Manhattan Bank, N.A. (London Branch) will act as the
Calculation Agent for the Notes.
Plan of Distribution:
S.G. Warburg & Co. S.A.-- Geneva is acting as agent (the "Swiss
Agent") in connection with the sale of the Notes pursuant to the
terms of an Agent Accession Letter dated August 12, 1994
executed under the Company's Amended and Restated Euro
Distribution Agreement, dated August 31, 1993, as amended. The
Swiss Agent will receive a commission equal to 0.250% of the
aggregate principal amount of the Notes.
