PROSPECTUS Pricing Supplement No. 2076
Dated April 1, 1994 Dated December 6, 1994
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-54009
Dated April 1, 1994 Rule 424(b)(3)-Registration Statement
No. 33-54011
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Fixed Rate Notes)
Series: A __ B __ C X Trade Date: December 6, 1994
Principal Amount (in Specified Currency): HK$500,000,000
Settlement Date (Original Issue Date): January 6, 1995
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: US$64,650,000
(*) Based on the Exchange Rate of HK$0.12930 per US$1.00
Agent's Discount or Commission: 0.400%
Maturity Date: January 6, 2000
Price to Public (Issue Price): 100.00%
Net Proceeds to Issuer (in Specified Currency): HK$498,000,000
Interest Rate:
Interest Rate Per Annum: 8.75% (See "Additional Terms-Interest"
below)
Interest Payment Period:
__ Annual X Semi-Annual __ Monthly __ Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: January 6 and July 6 of each year,
commencing July 6, 1995
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. 2076
Dated December 6, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
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
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
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(Fixed Rate Notes)
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Pricing Supplement No. 2076
Dated December 6, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
Form and Denomination:
The Notes will initially 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 and Cedel, societe anonyme for credit to
the account designated by or on behalf on the purchasers
thereof. The temporary global note will be exchangeable for a
permanent global note after the expiration of the Restricted
Period, all as described in the Prospectus Supplement under the
heading "DESCRIPTION OF NOTES--Forms, Denominations, Exchange
and Transfer." The Notes will be available in denominations of
HK$1,000,000.
Additional Terms:
Interest.
The Notes will bear interest at the rate of 8.75% per annum.
Interest will be payable semi-annually on each January 6 and
July 6, commencing on July 6, 1995 and ending on the Maturity
Date set forth above (each, an "Interest Payment Date"). If
interest is required to be calculated for a period of less than
one year, it will be calculated on the basis of a 365-day year
and the actual number of days elapsed.
Plan of Distribution:
The 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 August 31, 1993 (the "Amended and Restated Euro Distribution
Agreement") and a Terms Agreement with respect to the Notes:
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(Fixed Rate Notes)
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Pricing Supplement No. 2076
Dated December 6, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
Financial Institution Amount of Notes
(Hong Kong Dollars)
Nomura International (Hong Kong) Limited 320,000,000
CEF Capital Limited 30,000,000
China Merchants Bank Head Office 30,000,000
Merrill Lynch Hong Kong Securities Limited 30,000,000
Capital Securities (Hong Kong) Limited 15,000,000
Credit Lyonnais Hong Kong Branch 15,000,000
Fuji International Finance (HK) Limited 15,000,000
Banque Paribas 15,000,000
Salomon Brothers Hong Kong Limited 15,000,000
Swiss Bank Corporation 15,000,000
Total 500,000,000
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 Amended and Restated Euro Distribution
Agreement, the Company has appointed such non-Agent Managers as
Agent 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 0.10% 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 0.30% of the
principal amount of the Notes.
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(Fixed Rate Notes)
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Pricing Supplement No. 2076
Dated December 6, 1994
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
"Business Day" means any day other than a Saturday or Sunday or
any other day on which banking institutions are generally
authorized or obligated by law or regulation to close in New
York, New York, London, England or Hong Kong.
In connection with this issue, Nomura International (Hong Kong)
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.
Each Manager will represent and agree that (1) it has not
offered or sold and will not offer or sell in Hong Kong, by
means of any document, any securities other than to persons
whose ordinary business is to buy or sell shares or debentures,
whether as principal or agent, or in circumstances which do not
constitute an offer to the public within the meaning of the
Companies Ordinance (Cap 32) of Hong Kong and (2) it has not
issued and will not issue any invitation or advertisement
relating to the securities in Hong Kong (except if permitted to
do so under the securities laws of Hong Kong) other than with
respect to securities which are intended to be disposed of to
persons outside Hong Kong or only to persons whose business
involves the acquisition, disposal or holding of securities,
whether as principal or agent.
