PROSPECTUS Pricing Supplement No. 2508
Dated January 10, 1995 Dated September 8, 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: September 8, 1995
Settlement Date (Original Issue Date): September 13, 1995
Maturity Date: September 15, 1997
Principal Amount (in Specified Currency): US$25,000,000
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.0368%
Net Proceeds to Issuer (in Specified Currency): US$24,990,800
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 0.130%
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 March 15, June 15, September 15
and December 15, commencing December 15, 1995.
Initial Interest Rate Per Annum: The interest rate applicable
to the period from and including the Original Issue Date to but
excluding the first Interest Reset Date shall be______.
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. 2508
Dated September 8, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Interest Reset Periods and Dates: Weekly, on each Tuesday and
on each Interest Payment Date.
Interest Determination Dates: The Friday immediately preceding
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. 2508
Dated September 8, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Additional Terms:
Interest.
Interest will reset on each Tuesday and on each Interest Payment
Date (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 Friday immediately preceding such 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.
"Federal Funds Rate" means, with respect to an Interest Reset
Date, the rate (expressed as a percentage per annum) that
appears opposite the caption "Federal Funds FRB-H.15" for the
seven- day period ending on the Interest Determination Date
pertaining to such Interest Reset Date on Telerate Page 122 (as
defined below) as of 11:00 a.m., New York City time, on such
Interest Determination Date; if such rate is not available on
Telerate Page 122 for any Interest Determination Date, than the
"Fed Funds Rates" for the related Interest Reset Date shall be
the "Federal Funds (effective) Week Ending" rate applicable to
such Interest Determination Date as published in Federal Reserve
Statistical Release H.15(519); if such rate is not available on
Telerate Page 122 or H.15(519) for any Interest Determination
Date, than the rate shall be determined by the Calculation Agent
based upon the arithmetic mean of the rates for the last
transaction in overnight United States dollar Federal funds as
of 9:00 a.m., New York City time, on such Interest Determination
Date arranged by three leading brokers of Federal funds
transactions in The City of New York selected by the Calculation
Agent; provided, however, that if the brokers selected as
aforesaid by the Calculation Agent are not quoting as set forth
above, the Federal Funds Rate with respect to such Interest
Determination Date shall be the Federal Funds Rate in effect on
such Interest Determination Date.
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(Floating Rate Notes)
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Pricing Supplement No. 2508
Dated September 8, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
"Telerate Page 122" means the display designated as "Page 122"
on the Telerate Service (or such other page as may replace Page
122 on that service or such other service as may be nominated as
the information vendor for the purpose of displaying Federal
funds rates).
Merrill Lynch Derivative Products shall act as Calculation Agent.
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 0.0368% of the principal amount of the Notes.
The Company has agreed to indemnify the Underwriter against
certain liabilities, including liabilities under the Securities Act
of 1933, as amended.
