PROSPECTUS Pricing Supplement No. 2564
Dated January 10, 1995 Dated October 11, 1995
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-55209
Dated January 25, 1995
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Redeemable Step Up Coupon Notes)
Principal Amount: US$25,000,000
Trade Date: October 11, 1995
Settlement Date (Original Issue Date): October 17, 1995
Maturity Date: October 18, 2010 (unless earlier redeemed as
described under "Additional Terms--Optional Redemption" below.)
Price to Public (Issue Price): The Notes are being purchased by
the Underwriter at 100.00% of their principal amount and will be
sold at varying prices to be determined at the time of sale. For
further information with respect to any discounts, commissions or
profits on resales of Notes that may be deemed underwriting
discounts or commissions, see "Plan of Distribution" below.
Agent's Discount or Commission: The Notes will be sold at varying
prices to be determined by the Underwriter at the time of each
sale.
Net Proceeds to Issuer (in Specified Currency): US$25,000,000
Interest:
Interest Rate: The Notes will pay interest at the rate of 7.00%
per annum for the period from the Original Issue Date up to but
excluding the Interest Payment Date scheduled to occur on
October 18, 2000; thereafter, the interest rate on the Notes
will reset on October 18, 2005 in accordance with the schedule
set forth under "Additional Terms--Interest" below.
Interest Payment Period:
__ Annual __ Semi-Annual X Monthly __ Quarterly
POTENTIAL PURCHASERS OF THE NOTES ARE URGED TO READ THIS PRICING
SUPPLEMENT THOROUGHLY TOGETHER WITH THE ACCOMPANYING PROSPECTUS
DATED JANUARY 10, 1995 AND PROSPECTUS SUPPLEMENT DATED JANUARY 25,
1995. SEE "CERTAIN INVESTMENT CONSIDERATIONS" HEREIN.
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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Pricing Supplement No. 2564
Dated October 11, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Interest Payment Dates: Monthly, commencing November 18, 1995
up to and including the Maturity Date unless earlier redeemed
(each period from and including an Interest Payment Date or the
Original Issue Date, as the case may be, to but excluding the
next succeeding Interest Payment Date being referred to as an
"Interest Payment Period"). See "Additional Terms--Interest"
below.
Repayment, Redemption and Acceleration:
Initial Redemption Date: October 18, 1996
(See "Additional Terms--Redemption" below)
Initial Redemption Percentage: 100%
Optional Repayment Date: Not applicable ("N/A")
Form of Notes:
X DTC registered
__ non-DTC registered
The Notes will be available in denominations of $1,000 and
increments of $1,000 in excess thereof.
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
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Pricing Supplement No. 2564
Dated October 11, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Additional Terms:
Interest.
Accrued interest on the Notes for the Interest Payment Period
commencing on October 17, 1995 (the "Initial Interest Payment
Period") shall be calculated as described in the Prospectus
Supplement under the caption "Interest and Interest Rates-Fixed
Rate Notes." Interest on the Notes will accrue from October 17,
1995 and will be payable in U.S. dollars monthly, commencing
November 18, 1995 up to and including the Maturity Date or date
of earlier redemption (each, an "Interest Payment Date").
Accrued interest on the Notes for each subsequent Interest
Payment Period shall be calculated and paid based on the number
of days in such Period divided by 360 (the number of days in
such Period to be calculated on the basis of a year of 360 days
consisting of twelve 30-day months). As a result, the amount
payable on each Interest Payment Date (other than the Interest
Payment Date relating to the Initial Interest Payment Period)
within any twelve-month period identified below will remain
constant irrespective of the actual number of days that have
elapsed since the preceding Interest Payment Date.
The interest rate on the Notes will be equal to 7.00% per annum
from and including the Original Issue Date up to but excluding
October 18, 2000. Thereafter (subject to earlier redemption of
the Notes), the interest rate will be adjusted in accordance
with the following schedule:
Period Interest Rate
(per annum)
October 18, 2000 to but excluding October 18, 2005 7.25%
October 18, 2005 to but excluding October 18, 2010 7.50%
Optional Redemption.
The Company may at its option elect to redeem the Notes in whole
on October 18, 1996 or on any Interest Payment Date thereafter
(each such date, an "Optional Redemption Date") at 100% of their
principal amount plus accrued interest to but excluding the date
of redemption (the "Redemption Date"). In the event the Company
elects to redeem the Notes, notice will be given to registered
holders not more than 60 nor less than 30 days prior to the
Redemption Date.
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Pricing Supplement No. 2564
Dated October 11, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Certain Investment Considerations:
Prospective purchasers of the Notes should be aware that the
Notes will pay interest at fixed rates that change October 18,
2000 and October 18, 2005 unless earlier redeemed by the
Company. Prospective purchasers should also be aware that the
Company has the option to redeem the Notes on any Optional
Redemption Date and will be likely to elect to redeem the Notes
in the event prevailing market interest rates are lower than the
then-current interest rate on the Notes.
Plan of Distribution:
The Notes are being purchased by Lehman Brothers Inc.
(hereinafter referred to as the "Underwriter") as principal at
a purchase price of 100% of the aggregate principal amount of
the Notes.
The Underwriter has advised the Company that the Underwriter
proposes to offer the Notes from time to time for sale in
negotiated transactions or otherwise, at prices determined at
the time of sale.
The Company has agreed to indemnify the Underwriter against and
contribute toward certain liabilities, including liability under
the Securities Act of 1933, as amended.
