PROSPECTUS Pricing Supplement No. 2428
Dated January 10, 1995 Dated July 25, 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: July 25, 1995
Settlement Date (Original Issue Date): July 27, 1995
Maturity Date: August 28, 1996
Principal Amount (in Specified Currency): US$5,000,000
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.075%
Net Proceeds to Issuer: US$4,996,250
Interest Rate Per Annum: 5.84%
Interest Payment Date(s):
X March 15 and September 15 of each year, commencing
September 15, 1995 (with respect to the period from the
original issue date to but excluding September 15, 1995)
and the Maturity Date
__ Other:
Form of Notes:
X DTC registered
__ non-DTC registered
Repayment, Redemption and Acceleration
Optional Repayment Date(s): N/A
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration: 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.
<PAGE>
(Fixed Rate Notes)
Page 2
Pricing Supplement No. 2428
Dated July 25, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Original Issue Discount:
Amount of OID: N/A
Yield to Maturity: N/A
Interest Accrual Date: 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
Option Value Calculation Agent: N/A
Option Election Date(s): N/A
Indexed Notes:
Currency Base Rate: N/A
Determination Agent: N/A
Plan of Distribution:
The Notes are being distributed by Morgan Stanley & Co., as agent
(the "Agent"), at the Issue Price set forth on the cover page
hereof. The Agent will receive a selling commission equal to
0.075%.
