PROSPECTUS Pricing Supplement No. 1922
Dated April 1, 1994 Dated July 18, 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: July 18, 1994
Principal Amount (in Specified Currency): US$200,000,000
Settlement Date (Original Issue Date): July 22, 1994
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: July 22, 1996
Agent's Discount or Commission: 0.050%
Price to Public (Issue Price): 100.000%
Net Proceeds to Issuer (in Specified Currency): US$199,900,000
Interest Rate:
Interest Calculation:
__ Regular Floating Rate
__ Inverse Floating Rate
(Fixed Interest Rate): ___%
X Other Floating Rate
(as described below under "Additional Terms")
Interest Rate Basis: __ CD Rate __ Commercial Paper Rate
__ Federal Funds Rate __ LIBOR __ Prime Rate
X Treasury Rate
__ Other (as described below under "Additional Terms")
Spread (Plus or Minus): + .05%
Spread Multiplier: N/A
Index Maturity: Six Months
Index Currency: 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. 1922
Dated July 18, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Alternate Rate Event Spread: N/A
Initial Interest Rate Per Annum: The Interest Rate applicable
to the first weekly Interest Reset Period will be
determined on July 19, 1994 based upon application of the
interest rate formula.
Interest Payment Period:
__ Annual X Semi-Annual __ Monthly __ Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: January 22, 1995, July 22, 1995,
January 22, 1996 and July 22, 1996.
Interest Reset Periods and Dates:
__ Daily X Weekly __ Monthly
__ Quarterly (See "Additional Terms--Interest" below).
__ Semiannually: months in which reset: N/A
__ Annually: month in which reset: N/A
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: See "Additional Terms--Interest" below.
Form of Notes:
X DTC registered
__ non-DTC registered
Repayment, Redemption and Acceleration:
Initial Redemption Date: July 22, 1995
Initial Redemption Percentage: 100%
Optional Repayment Date: N/A
Annual redemption Percentage Reduction: N/A
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Pricing Supplement No. 1922
Dated July 18, 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
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:
Interest.
The interest rate applicable to each weekly Interest Reset Period
will equal the Treasury Rate (as defined in the Prospectus
Supplement) plus the Spread set forth on the cover page of this
Pricing Supplement. Interest will be payable semi-annually on
January 22, 1995, July 22, 1995, January 22, 1996 and July 22,
1996, unless earlier redeemed as described under "Optional
Redemption" below. The interest rate on the Notes will reset
weekly on each Tuesday except as specified below (each, an
"Interest Reset Date"). The Interest determination Date with
respect to an Interest Reset Date will be the day in the week in
which the related Interest Reset Date falls on which day Treasury
Bills (as defined in the Prospectus Supplement) are normally
auctioned (Treasury Bills are normally sold at auction on Monday of
each week, unless that day is a legal holiday, in which case the
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Pricing Supplement No. 1922
Dated July 18, 1994
Rule 424(b)(3)-Registration Statement
No. 33-50909
auction is normally held on the following Tuesday, except that such
auction may be held on the preceding Friday); provided, however,
that if an auction is held on the Friday of the week preceding the
related Interest Reset Date, the related Interest Determination
Date will be such preceding Friday; and provided further, that if
an auction falls on any Interest Reset Date, then the related
Interest Reset Date will instead be the Business Day following such
auction.
Interest will be calculated on the basis of the actual number of
days elapsed during each Interest Payment Period over the actual
number of days in the year in which the applicable Interest Payment
Date falls.
Morgan Guaranty Trust Company shall act as the Calculation Agent
for the Notes.
Optional Redemption.
The Company may redeem the Notes on July 22, 1995 (the
"Redemption Date") upon not more than 60 nor less than 30 days
prior written notice to each holder at a redemption price of 100%
of the principal amount of the Notes. See "Description of Notes--
Optional Redemption" in the accompanying Prospectus Supplement.
Plan of Distribution:
The Notes are being purchased by J.P. Morgan Securities, Inc.,
as principal (hereinafter referred to as the "Underwriter"), less
an underwriting discount of 0.050%. The Company has agreed to
indemnify the Underwriter against and contribute toward certain
liabilities, including liability under the Securities Act of 1933,
as amended.
