PROSPECTUS Pricing Supplement No. 1856
Dated April 1, 1994 Dated May 17, 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 X B __ C __ Trade Date: May 17, 1994
Principal Amount (in Specified Currency): $500,000,000
Settlement Date (Original Issue Date): May 20, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: May 22, 1995
Agent's Discount or Commission: .0500%
Price to Public (Issue Price): 100.00%
Net Proceeds to Issuer (in Specified Currency): $499,750,000
Interest Rate:
Interest Calculation:
X Regular Floating Rate
__ Inverse Floating Rate
__ Other Floating Rate
Interest Rate Basis:
__ CD Rate __ Commercial Paper Rate X Federal Funds Rate
__ LIBOR __ Prime Rate __ Treasury Rate __ Other
Spread (Plus or Minus): +.150%
Spread Multiplier: N/A
Index Maturity: N/A
Index Currency: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: 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. 1856
Dated May 17, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
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 Date.
Interest Payment Period:
__ Annual __ Semi-Annual __ Monthly X Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: August 22, 1994, November 22, 1994,
February 22, 1995 and May 22, 1995.
Interest Reset Periods and Dates:
X Daily __ Weekly __ Monthly __ Quarterly __ Semiannually
__ Annually; See "Additional Terms-Interest".
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: One Business Days prior to each Interest
Reset Date. 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
Original Issue Discount
Amount of OID: N/A
Interest Accrual Date: N/A
Yield to Maturity: N/A
Initial Accrual Period OID: N/A
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(Floating Rate Notes)
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Pricing Supplement No. 1856
Dated May 17, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
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 daily Interest Reset Period
will equal the Federal Funds Rate plus the Spread set forth on the
cover page of this Pricing Supplement. Interest will be payable
quarterly on August 22, 1994, November 22, 1994, February 22, 1995
and May 22, 1995 (each, an "Interest Payment Date"). The interest
rate on the Notes will reset daily except as specified below (each,
an "Interest Reset Date"). Interest will reset each Business Day
from the Original Issue Date up to but excluding the Maturity Date.
The Interest Determination Date with respect to an Interest Reset
Date will be one Business Days prior to each Interest Reset Date.
Interest payments on the Notes will equal the amount of interest
accrued from and including the next preceding Interest Payment Date
in respect of which interest has been paid (or from and including
the Original Issue Date, if no interest has been paid with respect
to the Notes) to but excluding the related Interest Payment Date.
Further information with respect to the determination of the
Federal Funds Rate is provided under the caption "DESCRIPTION OF
NOTES--Interest and Interest Rate--Floating Rate Notes--Federal
Funds Rate Notes" in the accompanying Prospectus Supplement.
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(Floating Rate Notes)
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Pricing Supplement No. 1856
Dated May 17, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Plan of Distribution:
The Notes are being purchased by Merrill Lynch, Pierce, Fenner
& Smith Incorporated (hereinafter referred to as the
"Underwriter") at 100% of their principal amount less an
underwriting discount equal to .050%. The Company has agreed to
indemnify the Underwriter against and contribute toward certain
liabilities, including liability under the Securities Act of 1933,
as amended.
