PROSPECTUS Revised Pricing Supplement No. 2360
Dated January 10, 1995 Dated May 30, 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
(Floating Rate Notes)
Trade Date: May 22, 1995
Settlement Date (Original Issue Date): May 30, 1995
Maturity Date: May 30, 1997
Principal Amount (in Specified Currency): US$50,000,000
Price to Public (Issue Price): 100.000%
Agent's Discount or Commission: 0.0925%
Net Proceeds to Issuer (in Specified Currency): US$49,953,750
Interest Rate:
Interest Calculation:
X Regular Floating Rate
__ Inverse Floating Rate
__ Other Floating Rate
Interest Rate Basis: __ CD Rate __ Commercial Paper Rate
X Federal Funds Rate __ LIBOR __ Prime Rate
__ Treasury Rate
__ Other (See "Additional Terms--Interest below).
Spread (Plus or Minus): plus 0.150%
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: August 30, 1995, November 30, 1995,
February 29, 1996, May 30, 1996, August 30, 1996, November 30,
1996, February 28, 1997 and May 30, 1997
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
Revised Pricing Supplement No. 2360
Dated May 30, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Initial Interest Rate Per Annum: To be determined one Business
Day prior to the Original Issue Date based upon the Federal
Funds Rate plus the Spread.
Interest Reset Periods and Dates: Daily, on each Business Day
Interest Determination Dates: One Business Day 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
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
<PAGE>
(Floating Rate Notes)
Page 3
Revised Pricing Supplement No. 2360
Dated May 30, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Additional Terms:
Interest.
The interest rate applicable to each daily Interest Reset Period
will equal the Federal Funds Rate (as defined below) plus the
Spread set forth on the cover page of this Pricing Supplement.
Interest will be payable quarterly on each August 30, November
30, February 29 and May 30, commencing August 30, 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.
"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.
<PAGE>
(Floating Rate Notes)
Page 4
Revised Pricing Supplement No. 2360
Dated May 30, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
"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 purchased by Merrill Lynch, Pierce, Fenner
& Smith Incorporated (the "Underwriter"), as principal, at 100% of
the aggregate principal amount less an underwriting discount equal
to 0.0925%.
The Company has agreed to indemnify the Underwriter against
certain liabilities, including liabilities under the Securities Act
of 1933, as amended.
