PROSPECTUS Pricing Supplement No. 2470
Dated January 10, 1995 Dated August 21, 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
(Fixed Rate Notes)
Trade Date: August 21, 1995
Settlement Date (Original Issue Date): August 24, 1995
Maturity Date: August 22, 2010
Principal Amount (in Specified Currency): US$25,000,000
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.00%
Net Proceeds to Issuer: US$25,000,000
Interest Rate Per Annum: 7.00%
Interest Payment Date(s):
__ March 15 and September 15 of each year
X Other: Monthly on the 22nd of each month, commencing
September 22, 1995 (with respect to the period from and
including August 24, 1995 to but excluding September 22,
1995)
Form of Notes:
X DTC registered
__ non-DTC registered
Repayment, Redemption and Acceleration:
Initial Redemption Date: August 22, 1997 (See "Additional
Terms--Redemption" below)
Initial Redemption Percentage: 100%
Optional Repayment Date: Not applicable ("N/A")
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration:N/A
Original Issue Discount:
Amount of OID: N/A
Yield to Maturity: N/A
Interest Accrual Date: N/A
Initial Accrual Period OID: 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. 2470
Dated August 21, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Amortizing Notes:
Amortization Schedule: N/A
Dual Currency Notes:
Face Amount Currency: N/A
Optional Payment Currency: N/A
Designated Exchange Rate: N/A
Option Value Calculation Agent: N/A
Option Election Date(s): N/A
Indexed Notes:
Currency Base Rate: N/A
Determination Agent: N/A
Additional Terms:
Interest.
The Notes will accrue interest at the rate of 7.00% per annum
which will be payable on the 22nd day of each month, commencing
September 22, 1995 (each, an "Interest Payment Date"). Interest
will be calculated and paid based on the number of days in the
period in respect of which payment is being made divided by 360
(the number of days 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 will remain
constant irrespective of the actual number of days since the
preceding monthly Interest Payment Date or the Original Issue
Date (in the case of the first Interest Payment Date).
Optional Redemption.
The Company may at its option elect to redeem the Notes in whole
or in part on August 22, 1997 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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(Fixed Rate Notes)
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Pricing Supplement No. 2470
Dated August 21, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Plan of Distribution:
The Notes are being purchased by Bear, Stearns & Co. Inc. (the
"Underwriter"), as principal, at the issue price set forth on
the cover page hereof.
The Company has agreed to indemnify the Underwriter against
certain liabilities, including liabilities under the Securities
Act of 1933, as amended.
