PROSPECTUS Pricing Supplement No. 1993
Dated April 1, 1994 Dated August 24, 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: August 24, 1994
Principal Amount (in Specified Currency): ITL150,000,000,000
Settlement Date (Original Issue Date): September 29, 1994
If principal amount is stated in other than U.S. dollars,
equivalent amount in U.S. dollars: US$95,620,578*
(*) Based on the Exchange Rate of ITL1568.70 per US$1.00
Maturity Date: September 29, 1997
Agent's Discount or Commission: 1.3750%
Price to Public (Issue Price): 101.025%
Net Proceeds to Issuer: ITL149,475,000,000 (before deduction of
expenses payable by the Corporation)
Interest:
Interest Rate Per Annum: 11.50 %
Interest Payment Date(s):
X Annual: September 29 of each year, commencing September 29,
1995
__ Other:
Repayment, Redemption and Acceleration
Optional Repayment Date(s): 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.
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(Fixed Rate Notes)
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Pricing Supplement No. 1993
Dated August 24, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
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
Form and Denominations:
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 depository 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 of 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
ITL5,000,000 and ITL50,000,000.
Additional Terms:
The Notes are intended to be fully fungible with and will, upon
issuance of definitive notes on or after the Exchange Date
(currently expected to be November 9, 1994, be consolidated with
and form a single issue for all purposes with the Company's
issue of ITL75,000,000,000 11.50% Global Medium-Term Notes,
Series B, Due September 29, 1997, described in Pricing
Supplement 1995, dated August 26, 1994.
Plan of Distribution:
The Notes are being purchased by the following institutions in
their respective amounts set forth below pursuant to the terms
of the Amended and Restated Euro Distribution Agreement dated as
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(Fixed Rate Notes)
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Pricing Supplement No. 1993
Dated August 24, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
of August 31, 1993 (the "Amended and Restated Euro Distribution
Agreement") and a Terms Agreement with respect to the Notes:
Financial Institutions Amount of Notes
(Italian Lire)
J.P. Morgan SIM S.P.A. 69,000,000,000
Credit Communal de Belgique S.A. 5,000,000,000
Credito Italiano S.P.A. 5,000,000,000
Morgan Stanley & Co. International Limited 5,000,000,000
ABN AMRO Bank N.V. 2,000,000,000
Banca Commerciale Italiana 2,000,000,000
Banca del Gottardo 2,000,000,000
Banca di Roma 2,000,000,000
Banca Euromobiliare 2,000,000,000
Banca Nazionale del Lavoro S.P.A. 2,000,000,000
Banco di Napoli SPA 2,000,000,000
Banque Bruxelles Lambert S.A. 2,000,000,000
Banque Internationale a Luxembourg S.A. 2,000,000,000
Banque Paribas 2,000,000,000
Bayerische Vereinsbank Aktiengesellschaft 2,000,000,000
Caboto SIM S.P.A. 2,000,000,000
Caisse des Depots et Consignations 2,000,000,000
Cariplo Cassa di Risparmio
delle Provincie Lombarde S.P.A. 2,000,000,000
Commerzbank Aktiengesellschaft 2,000,000,000
Credit Commercial de France 2,000,000,000
CS First Boston (Italia) SIM SPA 2,000,000,000
Deutsche Bank AG London 2,000,000,000
Dresdner Bank Aktiengesellschaft 2,000,000,000
Fuji International Finance PLC 2,000,000,000
Generale Bank 2,000,000,000
IMI Bank (Lux) S.A. 2,000,000,000
Intermobiliare SIM S.P.A. 2,000,000,000
Istituto Bancario San Paolo di Torino S.P.A. 2,000,000,000
Italian International Bank PLC 2,000,000,000
Kidder, Peabody International PLC 2,000,000,000
Kredietbank N.V. 2,000,000,000
Lehman Brothers International (Europe) 2,000,000,000
Samuel Montagu & Co. Limited 2,000,000,000
Monte dei Paschi di Siena 2,000,000,000
Swiss Bank Corporation 2,000,000,000
UBS Limited 2,000,000,000
Westdeutsche Landesbank Girozentrale 2,000,000,000
Total 150,000,000,000
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(Fixed Rate Notes)
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Pricing Supplement No. 1993
Dated August 24, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
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 Euro Distribution Agreement, the Company has
appointed such non-Agent Managers as Agent thereunder for this
transaction. The Managers have agreed to purchase the Notes from
the Company at the Issue Price of 101.025% less (i) a combined
management and underwriting commission payable by the Company equal
to 0.25% of the principal amount of the Notes and (ii) a selling
concession of 1.125% of the principal amount of the Notes. The
Company has agreed to pay the Managers ITL75,000,000 in
reimbursement of certain of their expenses.
The Company has agreed to indemnify the Managers against and
contribute toward certain liabilities, including liabilities under
the Securities Act of 1933, as amended.
In connection with this issue, J.P. Morgan SIM S.P.A. 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.
Each Manager acknowledges that no action has or will be taken which
would allow an offering of the Notes to the public in the Republic
of Italy. Accordingly, the Notes may not be offered, sold or
delivered and neither an Offering Circular nor any other offering
material relating to the Notes may be distributed or made available
to the public in the Republic of Italy. Each Manager represents
and agrees that any offering of the Notes in the Republic of Italy
may be made only to professional investors (as defined in article
4(1) of the Consob Resolution no. 6430 of 26th August 1992) and
that it will not otherwise, directly or indirectly, offer or sell
any Notes or distribute any document in draft or definitive form
relating to the Notes to the public at large in Italy, subject to
the authorizations required pursuant to Legislative Decree No. 385
of September 1, 1993, and Law No. 216 of June 7, 1974 as amended
and supplemented. Individual sales of the Notes to any persons in
the Republic of Italy may only be made in accordance with Italian
securities, tax and other applicable laws and regulations.
Any offer or sale of Notes to any person in the Republic of Italy
may be made only through an authorized bank or securities brokerage
company ("Societa di Intermediazione Mobiliare") pursuant to the
Italian Securities Brokerage Companies Act (Law No. 1 of 2nd
January 1991 as amended and supplemented).
