PROSPECTUS Pricing Supplement No. 2309
Dated January 10, 1995 Dated April 20, 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: April 20, 1995
Settlement Date (Original Issue Date): April 25, 1995
Maturity Date: April 25, 1997
Principal Amount (in Specified Currency): US$100,000,000
Price to Public (Issue Price): 100.000%
Agent's Discount or Commission: 0.0500%
Net Proceeds to Issuer (in Specified Currency): US$99,950,000
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
__ LIBOR __ Prime Rate __ Treasury Rate
__ Other (See "Additional Terms--Interest below).
Spread (Plus or Minus): plus 0.190%
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: July 25, 1995, October 25, 1995, January
25, 1996, April 25, 1996, July 25, 1996, October 25, 1996,
January 25, 1997 and April 25, 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.
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(Floating Rate Notes)
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Pricing Supplement No. 2309
Dated April 20, 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
Pricing Supplement No. 2309
Dated April 20, 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 July 25, 1995, October 25,
1995, January 25, 1996, April 25, 1996, July 25, 1996, October
25, 1996, January 25, 1997 and April 25, 1997 (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.
Further information with respect to the determination of the
Federal Funds Rate is provided under the caption "DESCRIPTION OF
NOTES--Interest and Interest Rate--Floating Rate Notes--Federal
Funds Rate Notes" in the accompanying Prospectus Supplement.
J.P. Morgan Securities Inc. will act as the Calculation Agent for
the Notes.
Plan of Distribution:
The Notes are being purchased by J.P. Morgan Securities Inc.
(the "Underwriter"), as principal, at the Public Offering Price
set forth on the cover page hereof less an underwriting discount
equal to 0.050%.
The Company has agreed to indemnify the Underwriter against and
contribute toward certain liabilities, including liability under
the Securities Act of 1933, as amended.
