PROSPECTUS Pricing Supplement No. 1881
Dated April 1, 1994 Dated June 8, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-50909
Dated April 1, 1994
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Floating Rate Notes)
Series: A __ B X C __ Trade Date: June 8, 1994
Specified Currency: Dutch Guilder
Principal Amount (in Specified Currency): NLG25,000,000
Settlement Date (Original Issue Date): June 16, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: US$13,350,000(*)
(*) Based on the June 8, 1994 exchange rate of NLG1 =
US$.5340.
Agent's Discount or Commission: 0.00%
Maturity Date: June 16, 1997
Price to Public (Issue Price): 100.00%
Net Proceeds to Issuer (in Specified Currency): NLG25,000,000
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 __ Treasury Rate
X Other -- AIBOR See "Additional Terms--Interest" herein.
Spread (Plus or Minus): +.000%
Spread Multiplier: N/A
Index Maturity: 3 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. 1881
Dated June 8, 1994
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: To be determined on the
Interest Determination Date with respect to the first
Interest Reset Period.
Interest Payment Period:
__ Annual __ Semi-Annual __ Monthly X Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: The 16th day of September, December,
March and June of each year up to and including the
Maturity Date, commencing September 16, 1994.
Interest Reset Periods and Dates:
__ Daily __ Weekly __ Monthly X Quarterly __ Semiannually
__ Annually
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: Two Amsterdam Banking Days prior to each
Interest Reset Date. See "Additional Terms--Interest"
herein.
Form and Denominations:
The Notes will initially be issued in the form of a temporary
global note which will be deposited with or on behalf of a common
depository for the Euroclear System and Cedel, societe anonyme.
The temporary global note will be exchangeable for a permanent
global note 40 days following the issue date. The Notes will be
available in denominations of NLG1,000,000 and integral multiples
hereof.
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. 1881
Dated June 8, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Original Issue Discount: N/A
Additional Terms:
Interest. On each Interest Determination Date (as defined below)
with respect to a quarterly Interest Reset Date, the Calculation
Agent (as defined below) will determine the interest rate
applicable to such Interest Reset Date. The interest rate
applicable to each Interest Reset Date will be equal to NLG-AIBOR-
AIBO-EURO (as defined below). "NLG-AIBOR-AIBO-EURO" means the rate
for deposits in Dutch Guilders having a Designated Maturity of 3
months which appears on the Reuters Screen AIBO Page (Euro AIBO
column) as of 11:00 a.m., Amsterdam time, on the day that is two
Amsterdam Banking Days preceding each Interest Reset Date (each, an
"Interest Determination Date"). If such rate does not appear on
the Reuters Screen AIBO Page (Euro AIBO column), the rate for that
reset date will be the rate at which deposits in Dutch Guilders are
offered by the Reference Banks (as defined below) at approximately
11:00 a.m., Amsterdam time, on such Interest Determination Date to
prime banks in the Amsterdam interbank market having a Designated
Maturity of 3 months commencing on that Interest Reset Date and in
a Representative Amount (as defined below). The Calculation Agent
will request the principal Amsterdam office of each of the
Reference Banks to provide a quotation of its rate. If at least
two quotations are provided, the rate for that Interest Reset Date
will be the arithmetic mean of the quotations. If fewer than two
quotations are provided as requested, the rate for that Reset Date
will be the arithmetic mean of the rates quoted by major banks in
Amsterdam, selected by the Calculation Agent, at approximately
11:00 a.m., Amsterdam time, on that Interest Reset Date for loans
in Dutch Guilders to leading European banks for a period of 3
months commencing on such Interest Reset Date and in a
Representative Amount.
Interest will be calculated on an actual/360 day basis. If any
Interest Payment Date falls on a date other than a Business Day,
such day will be the first following day that is a Business Day.
"Amsterdam Banking Day" means any day on which commercial banks
are open for business (including dealings in foreign exchange and
foreign currency deposits) in Amsterdam, The Netherlands.
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(Floating Rate Notes)
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Pricing Supplement No. 1881
Dated June 8, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
"Reference Banks" means five leading European banks selected by
the Calculation Agent having an office located in Amsterdam, The
Netherlands.
"Representative Amount" means an amount that is representative
for a single transaction in the relevant market at the relevant
time.
"Calculation Agent" means The Chase Manhattan Bank, N.A.
(London).
Plan of Distribution:
Goldman Sachs International is acting as Agent in connection
with the sale of the Notes.
