GENERAL ELECTRIC CAPITAL CORP
424B3, 1994-02-08
FINANCE LESSORS
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PROSPECTUS                         Pricing Supplement No. 1779
Dated July 12, 1993                Dated February 2, 1994
PROSPECTUS SUPPLEMENT              Rule 424(b)(3)-Registration Statement
                                              No. 33-58506
Dated July 12, 1993                Rule 424(b)(3)-Registration Statement
                                              No. 33-58508

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

Series:  A __   B X    C __         Trade Date:  February 2, 1994

Principal Amount (in Specified Currency):  US$250,000,000

Settlement Date (Original Issue Date): March 4, 1994

If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars:  N/A

Maturity Date:  March 4, 1996

Agent's Discount or Commission:  1.125%

Price to Public (Issue Price):  100.99%

Net Proceeds to Issuer (in Specified Currency):  US$249,662,500

Interest Rate:

    Interest Rate Per Annum:  4.25%
    Interest Payment Period:
    X  Annual    __ Semi-Annual    __ Monthly    __ Quarterly
    Interest Payment Dates if other than as set forth in the 
    Prospectus Supplement:  March 4 of each year,
                   commencing March 4, 1995

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




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. 1779
                                   Dated February 2, 1994
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58506
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58508


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

Form and Denomination:

The Notes will be issued in the form of a temporary global note
which will be deposited with a common depositary for the Euroclear
System and Cedel, S.A.  The temporary global note will be
exchangeable for a permanent global note 40 days after the original
issue date (the "Exchange Date").  Notes will be available in
denominations of US$1,000 and integral multiples thereof. 
Investors may elect to receive definitive notes on or after the
Exchange Date.  

Plan of Distribution:

    he Notes are being purchased by the following financial
institutions in the respective amounts set forth below pursuant to
the Amended and Restated Euro Distribution Agreement dated as of

 <PAGE>
                                         (Fixed Rate Notes)
                                                                     Page 3
                                   Pricing Supplement No. 1779
                                   Dated February 2, 1994
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58506
                                   Rule 424(b)(3)-Registration Statement
                                          No. 33-58508



August 31, 1993 (the "Euro Distribution Agreement"; all references
in the Prospectus Supplement to the Euro Distribution Agreement
shall be to the Euro Distribution Agreement as so amended and
restated):

        Financial Institution                          Amount of Notes (US$)

        CS First Boston Limited                              200,000,000
        ABN Amro Bank N.V.                                     5,000,000
        Banque Bruxelles Lambert S.A.                          5,000,000
        Deutsche Bank AG London                                5,000,000
        Goldman Sachs International Limited                    5,000,000
        IBJ International plc                                  5,000,000
        Kidder, Peabody International Limited                  5,000,000
        Lehman Brothers International (Europe)                 5,000,000
        Nomura International plc                               5,000,000
        Swiss Bank Corporation                                 5,000,000
        UBS Limited                                            5,000,000

(hereinafter referred to as the "Managers").  To the extent that
any of the Managers are not Agents under the Euro Distribution
Agreement, the Company has appointed such non-Agent Managers as
Agents thereunder for this transaction.  The Company has agreed to
indemnify the Managers against and contribute toward certain
liabilities, including liabilities under the Securities Act of
1933, as amended.

The combined management and underwriting commission payable by the
Company to the Agents with respect to the respective purchases of
the Notes is 0.0625% of the principal amount of the Notes.  The
purchase price payable to the Company by the Agents for the Notes
will also be reduced by a selling commission of 1.0625% of the
principal amount of the Notes.

In connection with this issue, CS First Boston Limited may over-
allot or effect transactions which stabilize or maintain the market
price of the Notes at a level which might not otherwise prevail. 
Such stabilizing, if commenced, may be discontinued at any time.





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