pROSPECTUS Pricing Supplement No. 2072
Dated April 1, 1994 Dated December 5, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-54009
Dated April 1, 1994 Rule 424(b)(3)-Registration Statement
No. 33-54011
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Fixed Rate Notes)
Series: A __ B X C __ Trade Date: December 5, 1994
Principal Amount (in Specified Currency): Cdn.$100,000,000
Settlement Date (Original Issue Date): January 9, 1995
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: US$72,891,610.18
(*) Based on the Exchange Rate of Cdn.$1.3719 per US$1.00
Maturity Date: January 9, 1997
Agent's Discount or Commission: 1.125%
Price to Public (Issue Price): 100.735%
Net Proceeds to Issuer (in Specified Currency): Cdn.$99,560,000
Interest Rate:
Interest Rate Per Annum: 8.25%
Interest Payment Period:
X Annual __ Semi-Annual __ Monthly __ Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: January 9 of each year, commencing
January 9, 1996
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. 2072
Dated December 5, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
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
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
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(Fixed Rate Notes)
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Pricing Supplement No. 2072
Dated December 5, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
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
Cdn.$1,000 and Cdn.$10,000.
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 "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):
Financial Institution Amount of Notes
(Canadian Dollars)
Wood Gundy Inc. 62,000,000
Banque Bruxelles Lambert S.A. 2,000,000
Banque Paribas 2,000,000
Barclays de Zoete Wedd Limited 2,000,000
Goldman Sachs International 2,000,000
Kredietbank N.V. 2,000,000
Lehman Brothers International (Europe) 2,000,000
RBC Dominion Securities Inc. 2,000,000
ScotiaMcLeod Inc. 2,000,000
Swiss Bank Corporation 2,000,000
ABN AMRO Bank N.V. 1,000,000
ASLK BANK nv/CGER BANQUE sa 1,000,000
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(Fixed Rate Notes)
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Pricing Supplement No. 2072
Dated December 5, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
Financial Institution Amount of Notes
(Canadian Dollars)
(cont'd)
BACOB Bank s.c. 1,000,000
Banque et Caisse d'Epargne de l'Etat, Luxembourg 1,000,000
Banque Generale du Luxembourg Societe Anonyme 1,000,000
Banque Internationale a Luxembourg S.A. 1,000,000
Bayerische Landesbank Girozentrale 1,000,000
BMO Nesbitt Burns International Ltd. 1,000,000
Credit Communal de Belgique S.A. 1,000,000
CS First Boston Limited 1,000,000
Deutsche Bank AG London 1,000,000
Dresdner Bank Aktiengesellschaft 1,000,000
Generale Bank 1,000,000
Internationale Nederlanden Bank N.V. 1,000,000
Merrill Lynch International Limited 1,000,000
Midland Bank plc 1,000,000
Morgan Stanley & Co. International Limited 1,000,000
Swissca Securities Limited 1,000,000
The Toronto-Dominion Bank 1,000,000
UBS Limited 1,000,000
Total 100,000,000
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 Amended and Restated 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.
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(Fixed Rate Notes)
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Pricing Supplement No. 2072
Dated December 5, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
"Business Day" means any day other than a Saturday or Sunday or
any other day on which banking institutions are generally
authorized or obligated by law or regulation to close in New York,
New York, London, England or Toronto, Canada.
In connection with this issue, Wood Gundy Inc. 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.
The Notes have not been and will not be qualified for sale under
the securities laws of Canada or any province or territory thereof.
Each of the Managers will represent and agree that it has not
offered or sold, and that it will not offer or sell, any Notes,
directly or indirectly, in Canada or to or for the benefit of any
resident thereof in contravention of the securities laws of Canada
or any province or territory thereof. Each of the Managers will
further agree that it will deliver to any dealer who purchases any
Notes from it a notice stating in substance that, by purchasing the
Notes, such dealer represents and agrees that it has not offered or
sold and will not offer or sell, directly or indirectly, any of
such Notes in Canada or to or for the benefit of any resident
thereof in contravention of the securities laws of Canada or any
province or territory thereof, and will deliver to any other dealer
to whom it sells any of such notes a notice containing
substantially the same statement as in this sentence. Each of the
Managers will also agree not to distribute this Pricing Supplement,
the Prospectus Supplement or Prospectus to which it is attached, or
any other offering material relating to the Notes, in Canada. Each
of the Managers, and any dealer who purchases from them any of the
Notes, may be required to furnish a certificate to the effect that
it has complied with the restrictions described in this paragraph.