GENERAL ELECTRIC CAPITAL CORP
424B3, 1994-03-31
FINANCE LESSORS
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PROSPECTUS             Pricing Supplement No. 1821
Dated July 12, 1993    Dated April 8, 1994
PROSPECTUS SUPPLEMENT  Rule 424(b)(3)-Registration Statement
                                No. 33-58506
Dated July 12, 1993    Rule 424(b)(3)-Registration Statement
                                No. 33-58508

              GENERAL ELECTRIC CAPITAL CORPORATION
                    GLOBAL MEDIUM-TERM NOTES
                       (Fixed Rate Notes)

Series:  A __   B X    C __             Trade Date:  March 24, 1994

Principal Amount (in Specified Currency):  ECU100,000,000

Settlement Date (Original Issue Date):  April 13, 1994

If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars:  US115,290,000*
  * Based on the March 24, 1994 exchange rate
       of ECU1.00 = US$1.15290

Maturity Date:  April 13, 1999

Agents' Discount or Commission:  1.875%

Price to Public (Issue Price):  101.215%

Net Proceeds to Issuer (in Specified Currency):  ECU99,300,000

Interest Rate:

  Interest Rate Per Annum:  6.125%
  Interest Payment Period:
  X  Annual    __ Semi-Annual    __ Monthly    __ Quarterly
  Interest Payment Dates if other than as set forth in the
  Prospectus Supplement:  April 13 of each year,
       commencing April 13, 1995

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



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. 1821
                       Dated April 8, 1994
                       Rule 424(b)(3)-Registration Statement
                           No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                           No. 33-58508


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

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:  

Indexed Notes:

  Currency Base Rate:  N/A
  Determination Agent:  N/A

Form and Denomination:

The Notes will be issued in the form of a temporary global note
which will be deposited with a common depositary for the Euroclear
System and Cedel, S.A.  The temporary global note will be
exchangeable for definitive notes not earlier than 40 days after
the original issue date (the "Exchange Date") and will be available
in denominations of ECU1,000, ECU10,000 and ECU100,000.

Additional Terms:

  Payments of both principal and interest will be made in ECU.
  
<PAGE>
                       (Fixed Rate Notes)
                                                           Page 3
                       Pricing Supplement No. 1821
                       Dated April 8, 1994
                       Rule 424(b)(3)-Registration Statement
                           No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                           No. 33-58508



Plan of Distribution:

  The Notes are being purchased by the following financial
  institutions in the respective amounts set forth below pursuant
  to the Amended and Restated Euro Distribution Agreement dated as
  of August 31, 1993 (the "Euro Distribution Agreement"; all
  references in the Prospectus Supplement to the Euro Distribution
  Agreement shall be to the Euro Distribution Agreement as so
  amended and restated):

     Financial Institution                       AMOUNT OF NOTES
                                                     (ECU)

     Credit Commercial de France                   65,000,000
     Merrill Lynch International Limited           15,000,000
     Banque Bruxelles Lambert S.A.                  2,000,000
     Banque Paribas                                 2,000,000
     Barclays de Zoete Wedd Limited                 2,000,000
     Credit Lyonnais                                2,000,000
     Kidder, Peabody International PLC              2,000,000
     Kredietbank N.V.                               2,000,000
     J.P. Morgan Securities Ltd.                    2,000,000
     Morgan Stanley & Co. International Limited     2,000,000
     Swiss Bank Corporation                         2,000,000
     UBS Limited                                    2,000,000

(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
Agents 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.

<PAGE>
                       (Fixed Rate Notes)
                                                           Page 4
                       Pricing Supplement No. 1821
                       Dated April 8, 1994
                       Rule 424(b)(3)-Registration Statement
                           No. 33-58506
                       Rule 424(b)(3)-Registration Statement
                           No. 33-58508



The combined management and underwriting commission payable by the
Company to the Managers with respect to the respective purchases of
the Notes is 0.375% of the principal amount of the Notes.  The
purchase price payable to the Company by the Managers for the Notes
will also be reduced by a selling commission of 1.50% of the
principal amount of the Notes.

The Company has agreed to pay the Managers ECU40,000 in
reimbursement of certain of their expenses.

In connection with this issue, Credit Commercial de France 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.





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