PROSPECTUS Pricing Supplement No. 2128
Dated April 1, 1994 Dated January 24, 1995
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement No.
Dated April 1, 1994 33-55209
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Fixed Rate Notes)
Trade Date: January 24, 1995
Settlement Date (Original Issue Date): February 1, 1995
Maturity Date: February 1, 1997
Principal Amount (in Specified Currency): US$100,000,000
Net Proceeds to Issuer: US$99,872,000
Agent's Discount or Commission: 0.128%
Price to Public (Issue Price): 100.00%
Interest Rate Per Annum: 7.85%
Interest Payment Date(s):
___ March 15 and September 15 of each year
X Other: August 1 and February 1 of each year, commencing
August 1, 1995
Form of Notes:
X DTC registered
___ non-DTC registered
Repayment, Redemption and Acceleration
Optional Repayment Date(s): N/A
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration: 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.
<PAGE>
(Fixed Rate Notes)
Page 2
Pricing Supplement No. 2128
Dated January 24, 1995
Rule 424(b)(3)-Registration Statement No.
33-55209
Original Issue Discount:
Amount of OID: N/A
Yield to Maturity: N/A
Interest Accrual Date: 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
Option Value Calculation Agent: N/A
Option Election Date(s): N/A
Indexed Notes:
Currency Base Rate: N/A
Determination Agent: N/A
Plan of Distribution:
The Notes are being purchased by Merrill Lynch, Pierce Fenner
& Smith Incorporated (the "Underwriter") at 100% of the aggregate
principal amount less an underwriting discount equal to 0.128%.
The Company has agreed to indemnify the Underwriter against
certain liabilities, including liabilities under the Securities Act
of 1933, as amended.
