PROSPECTUS Pricing Supplement No. 2415
Dated January 10, 1995 Dated July 7, 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: July 7, 1995
Settlement Date (Original Issue Date): July 12, 1995
Maturity Date: July 11, 1997
Principal Amount (in Specified Currency): US$50,000,000
Price to Public (Issue Price): 100.000%
Agent's Discount or Commission: 0.0075%
Net Proceeds to Issuer (in Specified Currency): US$49,996,250
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 0.170%
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: Every October 12, January 12, April 12
and July 12, commencing October 12, 1995 and on the Maturity
Date
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.
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
Pricing Supplement No. 2415
Dated July 7, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
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. 2415
Dated July 7, 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 October 12, January
12, April 12 and July 12, commencing October 12, 1995 and on the
Maturity Date (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.
Plan of Distribution:
The Notes are being distributed by J.P. Morgan Securities Inc.,
as agent (the "Agent"), at the Issue Price set forth on the cover
page hereof. The Agent will receive a selling commission equal to
0.0075%.
