PROSPECTUS Pricing Supplement No. 1945
Dated April 1, 1994 Dated July 28, 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 __ C X Trade Date: July 28, 1994
Principal Amount (in Specified Currency): CHF54,000,000
Original Issue Date: August 5, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: US$40,014,000(*)
(*) Based on the July 28, 1994 exchange rate of CHF 1= US$.7410
Maturity Date: August 5, 1996
Agent's Discount or Commission: 0.000%
Price to Public (Issue Price): 99.980%
Net Proceeds to Issuer (in Specified Currency): CHF53,989,200
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 X LIBOR __ Prime Rate __ Treasury Rate
__ Other (as described below under "Additional Terms")
Spread (Plus or Minus): .030%
Spread Multiplier: N/A
Index Maturity: 3 Months
Index Currency: Swiss Francs ("CHF")
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.
<PAGE>
(Floating Rate Notes)
Page 2
Pricing Supplement No. 1945
Dated July 28, 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: The interest rate applicable
to the first quarterly interest period will be determined
two London Banking Days prior to the Original Issue Date
set forth above based on application of the formula.
Interest Payment Period:
__ Annual __ Semi-Annual __ Monthly X Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: Each November 5, February 5, May 5 and
August 5 up to and including the Maturity Date, commencing
on February 5, 1995.
Interest Reset Periods and Dates:
__ Daily __ Weekly __ Monthly
X Quarterly (on each Interest Payment Date)
__ Semiannually: months in which reset:
__ Annually: month in which reset:
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: Two London Banking Days prior to each
Interest Reset date.
Form of Notes:
The Notes will be represented by a temporary global bearer note
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.
On or after the Exchange Date, Notes will be available in
definitive bearer form in denominations of not less than
CHF100,000. See "DESCRIPTION OF NOTES--Forms, Denominations,
Exchange and Transfer"in the accompanying Prospectus Supplement.
<PAGE>
(Floating Rate Notes)
Page 3
Pricing Supplement No. 1945
Dated July 28, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Repayment, Redemption and Acceleration:
Optional Repayment Date: N/A
Annual Redemption Percentage Reduction: N/A
Initial Redemption Date: 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
Optional Payment Currency: N/A
Designated Exchange Rate: N/A
Indexed Notes:
Currency Base Rate: N/A
Additional Terms:
All referenced herein to "CHF" or "Swiss Francs" are to the
lawful currency of Switzerland.
Plan of Distribution:
Goldman Sachs & Co. Bank (Zurich), is acting as agent in
connection with the distribution of the Notes.
