GENERAL ELECTRIC CAPITAL CORP
424B3, 1995-04-12
FINANCE LESSORS
Previous: AMERICAN CAPITAL GROWTH & INCOME FUND INC, 497, 1995-04-12
Next: GREEN MOUNTAIN POWER CORP, DEF 14A, 1995-04-12



PROSPECTUS                 Pricing Supplement No. 2273
Dated January 10, 1995     Dated April 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$50,000,000

Trade Date:  April 7, 1995

Settlement Date (Original Issue Date):April 18, 1995

Maturity Date:  April 18, 2005 (unless earlier redeemed as
  described under "Additional Terms--Optional Redemption" below.

Price to Public (Issue Price):  100.00%

Agent's Discount or Commission:   0.00%

Net Proceeds to Issuer (in Specified Currency):  US$50,000,000

Interest:

  Interest Rate:  The Notes will pay interest at the rate of
  7.500% per annum for the period from the original issue date up
  to but excluding the second Interest Payment Date scheduled to
  occur on April 18, 1996; thereafter, the interest rate on the
  Notes will reset annually on each April 18 in accordance with
  the schedule set forth under "Additional Terms--Interest" below.
  

  Interest Payment Period:  
  __ Annual    X  Semi-Annual    __ Monthly
  __ Quarterly

  Interest Payment Dates:  Each April 18 and October 18,
  commencing on October 18, 1995 up to and including the Maturity
  Date unless earlier redeemed.  See "Additional Terms--Interest"
  below.


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

<PAGE>
                                                       Page 2
                       Pricing Supplement No. 2273 
                       Dated April 11, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209


Repayment, Redemption and Acceleration:

  Initial Redemption Date:  April 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


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.  

  Interest on the Notes will accrue from April 18, 1995 and will
  be payable in U.S. dollars semiannually on each April 18 and
  October 18, commencing October 18, 1995 up to and including the
  Maturity Date or date of earlier redemption (each, an "Interest
  Payment Date").  Interest will accrue from and including each
  Interest Payment Date to but excluding the next succeeding
  Interest Payment Date.  In the event an Interest Payment Date
  falls on a day other than a Business Day, interest will be paid
  on the next succeeding Business Day and no interest on such
  payment shall accrue for the period from and after such Interest

<PAGE>
                                                       Page 3
                       Pricing Supplement No. 2273 
                       Dated April 11, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209



Payment Date to such next succeeding Business Day.  The interest
rate on the Notes will be equal to 7.500% per annum from and
including the Original Issue Date up to but excluding April 18,
1996.  Thereafter, the interest rate will be subject to adjustment
annually on each April 18 in accordance with the following
schedule:

          Interest Period                    Interest Rate
                                             (per annum)

     April 18, 1996 to April 17, 1997            7.600%
     April 18, 1997 to April 17, 1998            7.700%
     April 18, 1998 to April 17, 1999            7.800%
     April 18, 1999 to April 17, 2000            7.900%
     April 18, 2000 to April 17, 2001            8.000%
     April 18, 2001 to April 17, 2002            8.250%
     April 18, 2002 to April 17, 2003            8.500%
     April 18, 2003 to April 17, 2004            9.000%
     April 18, 2004 to April 17, 2005           10.000%

  The amount of interest payable on each Interest Payment Date
  will be computed on the basis of a 360 day year consisting of
  twelve (12) thirty (30) day months.

  Optional Redemption.

  The Company may at its option elect to redeem the Notes in whole
  or in part on April 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.

Certain Investment Considerations:

  Prospective purchasers of the Notes should be aware that the
  Notes will pay interest at different fixed rates each year
  through the Maturity Date 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.    

<PAGE>
                                                       Page 4
                       Pricing Supplement No. 2273 
                       Dated April 11, 1995
                       Rule 424(b)(3)-Registration Statement 
                                No. 33-55209




Plan of Distribution:

  The Notes are being purchased by Morgan Stanley & Co.
  Incorporated (hereinafter referred to as the "Underwriter") as
  principal at a purchase price of 100% of the aggregate principal
  amount of the Notes. 

  The Company has agreed to indemnify the Underwriter against and
  contribute toward certain liabilities, including liability under
  the Securities Act of 1933, as amended.




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission