PROSPECTUS Pricing Supplement No. 1855
Dated April 1, 1994 Dated May 16, 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: May 16, 1994
Principal Amount (in Specified Currency): US$250,000,000
Settlement Date (Original Issue Date): June 2, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: June 2, 1997
Agent's Discount or Commission: 1.375%
Price to Public (Issue Price): 100.8875%
Net Proceeds to Issuer (in Specified Currency): US$248,781,250
Interest:
Interest Rate Per Annum: 6.5%
Interest Payment Dates:
X Annual: June 2 of each year commencing June 2, 1995.
__ Semi-Annual:
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.
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(Fixed Rate Notes)
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Pricing Supplement No. 1855
Dated May 16, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
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
Form and Denominations:
The Notes will be issued in the form of a temporary global note
which will be deposited with a common depository for the Euroclear
System and Cedel, S.A.. The temporary global note will be
exchangeable for definitive notes 40 days after the original issue
date (the "Exchange Date") and will be available in denominations
of US$1,000 and US$100,000.
Plan of Distribution:
The Notes are being purchased by the following institutions in
their respective amounts set forth below pursuant to the terms
of the Amended and Restated Euro Distribution Agreement dated as
of August 31, 1993 (the "Amended and Restated Euro Distribution
Agreement" and a Terms Agreement with respect to the Notes; all
references in the Prospectus Supplement to the Euro Distribution
Agreement as so amended and restated):
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(Fixed Rate Notes)
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Pricing Supplement No. 1855
Dated May 16, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Financial Institution Amount of Notes
(US Dollars)
Goldman Sachs International 190,000,000
Barclays de Zoete Wedd Limited 25,000,000
CS First Boston Limited 10,000,000
Swiss Bank Corporation 10,000,000
UBS Limited 10,000,000
Kidder, Peabody International PLC 5,000,000
Total 250,000,000
The above-listed financial institutions are 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
1993, 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 0.0875% of the
principal amount of the Notes. The purchase price payable to
the Company by the Agents will also be reduced by a selling
concession of 1.2875% of the principal amount of the Notes.
In connection with this issue, Goldman Sachs International 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.
