PROSPECTUS Pricing Supplement No. 2086
Dated April 1, 1994 Dated January 3, 1995
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-54009
Dated April 1, 1994 Rule 424(b)(3)-Registration Statement
No. 33-54011
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Floating Rate Notes)
Trade Date: January 3, 1995
Settlement Date (Original Issue Date): January 10, 1995
Principal Amount (in Specified Currency): US$100,000,000
Price to Public (Issue Price): 100.00%
If Specified Currency is other than U.S. dollars,
equivalent amount in U.S. dollars: N/A
Maturity Date: January 10, 1996
Net Proceeds to Issuer (in Specified Currency): US$99,940,000
Agent's Discount or Commission: 0.0600%
Interest Rate:
Interest Calculation:
X Regular Floating Rate
__ Inverse Floating Rate
__ Other Floating Rate
(as described below under "Additional Terms")
Interest Rate Basis:
__ CD Rate __ Commercial Paper Rate __ Federal Funds Rate
__ LIBOR X Prime Rate __ Treasury Rate
__ Other (as described below under "Additional Terms--Interest")
Spread (Plus or Minus): Minus 2.600%
Spread Multiplier: 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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(Floating Rate Notes)
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Pricing Supplement No. 2086
Dated January 3, 1995
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
Index Maturity: N/A
Index Currency: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Alternate Rate Event Spread: N/A
Initial Interest Rate Per Annum: N/A
Interest Payment Period:
__ Annual __ Semi-Annual __ Monthly X Quarterly
Interest Payment Dates if other than as set forth in the
Prospectus Supplement: Each April 10, July 10, October 10 and
January 10, commencing April 10, 1995
Interest Reset Periods and Dates:
X Daily __ Weekly __ Monthly __ Quarterly
__ Semiannually __ Annually: (See "Additional Terms" Interest")
Interest Determination Dates if other than as set forth in the
Prospectus Supplement: Two Business Days prior to each Interest
Reset Date.
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
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Pricing Supplement No. 2086
Dated January 3, 1995
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
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 April 10, July 10,
October 10 and January 10, commencing April 10, 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 two Business
Days 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.
"Prime Rate" means, with respect to any Interest Reset Date, the
rate appearing on Telerate Page 125 (as defined below) on the
related Interest Determination Date under the heading "Bank
Prime Rate History". If Telerate Page 125 is not available on
such Interest Determination Date, then the Prime Rate for the
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Pricing Supplement No. 2086
Dated January 3, 1995
Rule 424(b)(3)-Registration Statement
No. 33-54009
Rule 424(b)(3)-Registration Statement
No. 33-54011
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 on 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) under the heading "Prime Rates-Top 30 U.S.
Banks" on such date. If Telerate Page 125, the Federal Reserve
Statistical Release H.15(519) and Telerate Page 38 are
unavailable on 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 numbers 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 Pages 125 and 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).
Goldman Sachs & Co. will serve as Calculation Agent.
Plan of Distribution:
The Notes are being purchased by Goldman Sachs & Co.
(hereinafter referred to as the "Underwriter"), as principal, at
the public offering price of 100% of the aggregate principal
amount of the Notes less commissions of 0.0600%. The Company
has agreed to indemnify the Underwriter against and contribute
toward certain liabilities, including liability under the
Securities Act of 1933, as amended.
