PROSPECTUS Pricing Supplement No. 1851
Dated April 1, 1994 Dated May 6, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-58506
Dated April 1, 1994 Rule 424(b)(3)-Registration Statement
No. 33-50909
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Floating Rate Notes)
Series: A X B __ C __ Trade Date: May 6, 1994
Principal Amount (in Specified Currency): $225,000,000
Settlement Date (Original Issue Date): May 12, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: May 12, 1997
Agent's Discount or Commission: .0500%
Price to Public (Issue Price): 100.00%
Net Proceeds to Issuer (in Specified Currency): $224,887,500
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 __ LIBOR __ Prime Rate
X Treasury Rate __ Other
Spread (Plus or Minus): +.100%
Spread Multiplier: N/A
Index Maturity: 6 Month
Index Currency: 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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(Floating Rate Notes)
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Pricing Supplement No. 1851
Dated May 6, 1994
Rule 424(b)(3)-Registration Statement
No. 33-58506
Rule 424(b)(3)-Registration Statement
No. 33-50909
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Alternate Rate Event Spread: N/A
Initial Interest Rate Per Annum: 5.100% for the first weekly
Interest Reset Period.
Interest Payment Period:
__ Annual X Semi-Annual __ Quarterly __ Monthly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: November 12 and May 12 of each year up
to and including the Maturity Date, commencing on November
12, 1994.
Interest Reset Periods and Dates:
__ Daily X Weekly __ Monthly __ Quarterly
__ Semiannually __ Annually; See "Additional Terms-Interest".
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: See "Additional Terms-Interest".
Form of Notes: X DTC registered __ non-DTC registered
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
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(Floating Rate Notes)
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Pricing Supplement No. 1851
Dated May 6, 1994
Rule 424(b)(3)-Registration Statement
No. 33-58506
Rule 424(b)(3)-Registration Statement
No. 33-50909
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
Additional Terms:
Interest
The interest rate applicable to each Interest Reset Period will
equal the six-month Treasury Rate plus the Spread set forth on the
cover page of this Pricing Supplement. Interest will be payable
semi-annually on November 12 and May 12 of each up to and including
the Maturity Date, commencing on November 12, 1994 (each, an
"Interest Payment Date"). The interest rate on the Notes will
reset weekly on each Tuesday except as specified below (each, an
"Interest Reset Date"). The Interest Determination Date with
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Pricing Supplement No. 1851
Dated May 6, 1994
Rule 424(b)(3)-Registration Statement
No. 33-58506
Rule 424(b)(3)-Registration Statement
No. 33-50909
to an Interest Reset Date will be the day in the week in which the
related Interest Reset Date falls on which day Treasury Bills (as
defined in the Prospectus Supplement) are normally auctioned
(Treasury Bills are normally sold at auction on Monday of each
week, unless that day is a legal holiday, in which case the auction
is normally held on the following Tuesday, except that such auction
may be held on the preceding Friday); provided however, that if an
auction is held on the Friday of the week preceding the related
Interest Reset Date, the related Interest Determination Date will
be such preceding Friday; and provided further, that if an auction
falls on any Interest Reset Date, then the related Interest Reset
Date will instead be the Business Day following such auction.
Plan of Distribution:
The Notes are being distributed by J.P. Morgan Securities Inc.
(hereinafter referred to as the "Agent") at 100% of their principal
amount less a selling concession equal to .0500%.
