PROSPECTUS Pricing Supplement No. 2411
Dated January 10, 1995 Dated June 30, 1995
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration
Dated January 25, 1995 Statement No. 33-55209
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Floating Rate Notes)
Trade Date: June 30, 1995
Settlement Date (Original Issue Date): July 6, 1995
Maturity Date: July 7, 1997
Principal Amount (in Specified Currency): US$25,000,000
Price to Public (Issue Price): 100.000%
Agent's Discount or Commission: 0.02%
Net Proceeds to Issuer (in Specified Currency): US$24,995,000
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 ___ LIBOR X Prime Rate
___ Treasury Rate ___ Other (See "Additional Terms--Interest
below).
Spread (Plus or Minus): minus 2.67%
Spread Multiplier: N/A
Index Maturity: N/A
Index Currency: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Interest Payment Period: Quarterly
Interest Payment Dates: Every October 7, January 7, April 7
and July 7, commencing October 7, 1995
Initial Interest Rate Per Annum:
To be determined one Business Day prior to the Original Issue
Date based upon the Prime Rate minus the Spread.
Interest Reset Periods and Dates: Daily, on each Business Day
Interest Determination Dates: One Business Day prior to each
Interest Reset Date
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.<PAGE>
(Floating Rate Notes)
Page 2
Pricing Supplement No. 2411
Dated June 30, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Form of Notes:
X DTC registered ___ non-DTC registered
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
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 daily Interest Reset Period
will equal the Prime Rate (as defined below) minus the Spread
set forth on the cover page of this Pricing Supplement.
Interest will be payable quarterly on each October 7, January 7,
April 7 and July 7, commencing October 7, 1995 (each, an
"Interest Payment Date"). Interest will reset each Business Day
(each, an "Interest Reset Date") from the Original Issue Date up
to but excluding the Maturity Date. The Interest Determination
Date with respect to an Interest Reset Date will be one Business
Day prior to each Interest Reset Date. Interest payments on the
Notes will equal the amount of interest accrued from and
including the next preceding Interest Payment Date in respect of
which interest has been paid (or from and including the Original
Issue Date, if no interest has been paid with respect to the
Notes) to but excluding the related Interest Payment Date.
<PAGE>
(Floating Rate Notes)
Page 3
Pricing Supplement No. 2411
Dated June 30, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
"Prime Rate" means, with respect to any Interest Reset Date, the
rate (expressed on the basis of the actual number of days in the
year divided by 360) appearing on Telerate Page 125 (as defined
below) as of 11:00 a.m., New York City time, on the related
Interest determination Date under the heading "Bank Prime Rate
History". If Telerate Page 125 is not available for such Interest
Determination Date, then the Prime Rate for the related Interest
Reset Date shall be the rate appearing in the Federal Reserve
Statistical Release H.15(519) opposite the caption "Bank Prime
Loan" for such Interest Determination Date. If Telerate Page 125
and the Federal Reserve Statistical Release H.15(519) are not
available for any Interest Determination Date, the Prime Rate
applicable to such Interest Reset Date shall be the arithmetic mean
of the rates appearing on Telerate Page 38 (as defined below) as of
11:00 a.m., New York City time, on such Interest Determination Date
under the heading "Prime Rates-Top 30 U.S. Banks". If Telerate
Page 125, the Federal Reserve Statistical Release H.15(519) and
Telerate Page 38 are unavailable for any Interest Determination
Date with respect to an Interest Reset Date, then the Prime Rate
will be based on the arithmetic mean of the prime rates or base
lending rates (quoted on the basis of the actual number of days in
the year divided by a 360 day year) quoted by three major money
center banks in the City of New York selected by the Calculation
Agent; provided, however, that if fewer than three banks selected
as aforesaid by the Calculation Agent are quoting as described in
this sentence, the Prime Rate applicable to such Interest Reset
Date shall be the Prime Rate in effect on such Interest Reset Date.
"Telerate Page 125" and "Telerate Page 38" mean the display pages
designated as "Page 125" and "Page 38", respectively, on the Dow
Jones Telerate Service (or such other pages as may replace such
pages on that service, or such other service as may be nominated as
the information vendor for the purposes of displaying rates
comparable to the Prime Rate).
Plan of Distribution:
The Notes are being distributed by Merrill Lynch, Pierce, Fenner
& Smith Incorporated, as agent (the "Agent"), at the Issue Price
set forth on the cover page hereof. The Agent will receive a
selling commission equal to 0.02%.
