PROSPECTUS Pricing Supplement No. 1977
Dated April 1, 1994 Dated August 18, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-50909
Dated April 1, 1994 Rule 424(b)(3)-Registration Statement
No. 33-54009
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Floating Rate Notes)
Series: A X B __ C __ Trade Date: August 18, 1994
Principal Amount (in Specified Currency): US$50,000,000
Settlement Date (Original Issue Date): August 23, 1994
If Specified Currency is other than US dollars,
equivalent amount in US dollars: N/A
Maturity Date: August 23, 1996
Agent's Discount or Commission: .1131%
Price to Public (Issue Price): 100.00%
Net Proceeds to Issuer (in Specified Currency): US$49,943,450
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
Spread (Plus or Minus): 0.00
Spread Multiplier: N/A
Index Maturity: One Month
Index Currency: US Dollars
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. 1977
Dated August 18, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Rule 424(b)(3)-Registration Statement
No. 33-54009
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Alternate Rate Event Spread: N/A
Initial Interest Rate Per Annum: To be determined two London
Business Days prior to the Original Issue Date set forth
above based upon application of the interest rate formula.
Interest Payment Period:
__ Annual __ Semi-Annual X Quarterly __ Monthly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: Each November 23, February 23, May 23
and August 23, commencing November 23, 1994 up to and including
the Maturity Date.
Interest Reset Periods and Dates:
__ Daily __ Weekly __ Monthly
X Quarterly (On each Interest Payment Date)
__ Semiannually
__ Annually
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: The second London Business Day
preceding each Interest Reset Date.
Form of Notes:
The Notes will be issued in the form of a temporary global
bearer note, without interest coupons, 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 (the "Euroclear Operator"), and Cedel, societe
anonyme ("Cedel") for credit to the account designated by or on
behalf of the purchaser thereof. The interests of the
beneficial owner or owners in the temporary global bearer note
will be exchangeable after the expiration of the Restricted
Period for an interest in a permanent global bearer note as
described in the Prospectus Supplement under the caption
"DESCRIPTION OF NOTES--Forms, Denominations, Exchange and
Transfer".
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(Floating Rate Notes)
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Pricing Supplement No. 1977
Dated August 18, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Rule 424(b)(3)-Registration Statement
No. 33-54009
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
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:
The Credit Suisse Financial Products will act as the Calculation
Agent for the Notes.
Plan of Distribution:
CS First Boston Corporation is acting as Principal in connection
with the distribution of the Notes. The Notes are being offered
to the public at 100.00% of their aggregate principal amount.
