PROSPECTUS Pricing Supplement No. 1981
Dated April 1, 1994 Dated August 19, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-50909
Dated April 1, 1994 Rule 424(b)(3)-Registration Statement
No. 33-54009
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Fixed Rate Notes)
Series: A __ B X C __ Trade Date: August 19, 1994
Principal Amount (in Specified Currency): CHF65,000,000
Settlement Date (Original Issue Date): September 6, 1994
If principal amount is stated in other than U.S. dollars,
equivalent amount in U.S. dollars: US$50,232,000(*)
Based on the exchange rate of CHF1= US$.7728
Net Proceeds to Issuer: CHF65,000,000
Agent's Discount or Commission: 0.000%
Maturity Date: September 6, 1996
Price to Public (Issue Price): 100.00%
Interest:
Interest Rate Per Annum: 5.00%
Interest Payment Date(s):
Series A Notes:
__ March 15 and September 15 of each year
__ Other:
Series B or C Notes:
__ September 15 of each year
X Other: September 6 of each year, commencing September 6,
1995
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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(Fixed Rate Notes)
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Pricing Supplement No. 1981
Dated August 19, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Rule 424(b)(3)-Registration Statement
No. 33-54009
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". The Notes will be available in minimum denominations
of CHF500,000.
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
Amortizing Notes:
Amortization Schedule: N/A
Dual Currency Notes:
Face Amount Currency: N/A
Optional Payment Currency: N/A
Designated Exchange Rate: N/A
Option Value Calculation Agent: N/A
Option Election Date(s): N/A
Indexed Notes:
Currency Base Rate: N/A
Determination Agent:
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(Fixed Rate Notes)
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Pricing Supplement No. 1981
Dated August 19, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Rule 424(b)(3)-Registration Statement
No. 33-54009
Additional Terms:
References herein to "CHF" or "Swiss francs" are to the lawful
currency of Switzerland.
Plan of Distribution:
The Notes are being distributed by Merrill Lynch Capital Markets
AG, as agent (the "Swiss Agent"), at an issue price equal to
100% of the aggregate principal amount of the Notes. The Swiss
Agent is acting as an agent of the Company pursuant to the terms
of an agent accession letter dated August 19, 1994 executed
under the Company's Amended and Restated Euro Distribution
Agreement, dated August 31, 1993.
