PROSPECTUS Pricing Supplement No. 2585
Dated January 10, 1995 Dated November 1, 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: November 1, 1995
Settlement Date (Original Issue Date): November 6, 1995
Maturity Date: November 6, 1997
Principal Amount (in Specified Currency): US$50,000,000
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 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
(See "Additional Terms--Interest" below)
__ LIBOR __ Prime Rate __ Treasury Rate
__ Other (See "Additional Terms--Interest" below).
Spread (Plus or Minus): plus 0.140%
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: Each February 6, May 6, August 6 and
November 6, commencing February 5, 1996.
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. 2585
Dated November 1, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Initial Interest Rate Per Annum: To be determined two Business
Days 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: Two 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
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(Floating Rate Notes)
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Pricing Supplement No. 2585
Dated November 1, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Additional Terms:
Interest.
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.
The Calculation Agent will be Salomon Brothers Inc.
Plan of Distribution:
The Notes are being distributed by Salomon Brothers Inc, as
agent (the "Agent"), at the Issue Price set forth on the cover
page hereof.
