GENERAL ELECTRIC CAPITAL CORP
424B3, 1994-06-23
FINANCE LESSORS
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PROSPECTUS                            Pricing Supplement No. 1896
Dated April 1, 1994                   Dated June 21, 1994
PROSPECTUS SUPPLEMENT                 Rule 424(b)(3)-Registration Statement
                                                      No. 33-50909
Dated April 1, 1994


                                    GENERAL ELECTRIC CAPITAL CORPORATION
                                          GLOBAL MEDIUM-TERM NOTES
                                             (Fixed Rate Notes)

Series:  A __   B X    C __            Trade Date:  June 21, 1994

Principal Amount (in Specified Currency):  US$20,000,000

Settlement Date (Original Issue Date):  June 28, 1994

If principal amount is stated in other than U.S. dollars,
equivalent amount in U.S. dollars:

Net Proceeds to Issuer:  US$19,961,400

Agent's Discount or Commission:  0.1750%

Maturity Date:  June 28, 1996

Price to Public (Issue Price):  99.9820%

Interest Rate Per Annum:  6.25%

Interest Payment Date(s):

    Series A Notes:
    __  March 15 and September 15 of each year
    __  Other:

    Series B or C Notes:
    __  September 15 of each year
    X   Other:  June 28 of each year, commencing June 28, 1995

Form of Notes (Series A only):
    __ DTC registered        __ non-DTC registered

Repayment, Redemption and Acceleration

    Optional Repayment Date(s):  N/A
    Initial Redemption Date:  N/A
    Initial Redemption Percentage:  N/A
    Annual Redemption Percentage Reduction:  N/A
    Modified Payment Upon Acceleration:  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.

<PAGE>
                                             (Fixed Rate Notes)
                                                                         Page 2
                                      Pricing Supplement No. 1896
                                      Dated June 21, 1994
                                      Rule 424(b)(3)-Registration Statement
                                              No. 33-50909



Original Issue Discount

    Amount of OID:  N/A
    Yield to Maturity:  N/A 
    Interest Accrual Date:  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
    Option Value Calculation Agent:  N/A
    Option Election Date(s):  N/A

Indexed Notes:

    Currency Base Rate:  N/A
    Determination Agent:  N/A

Plan of Distribution:

    Salomon Brothers International Limited is acting as Agent in
connection with the Sale of the Notes.





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