PROSPECTUS Pricing Supplement No. 2318
Dated January 10, 1995 Dated April 25, 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 25, 1995
Settlement Date (Original Issue Date): May 2, 1995
Maturity Date: May 2, 1997
Principal Amount (in Specified Currency): US$100,000,000
Price to Public (Issue Price): 100.000%
Agent's Discount or Commission: 0.0350%
Net Proceeds to Issuer (in Specified Currency): US$99,965,000
Interest Rate:
Interest Calculation:
X Regular Floating Rate
__ Inverse Floating Rate
__ Other Floating Rate
Interest Rate Basis:
__ CD Rate __ Commercial Paper Rate __ Federal Funds Rate
X LIBOR __ Prime Rate __ Treasury Rate __ Other
Spread (Plus or Minus): minus -0.020%
Spread Multiplier: N/A
Index Maturity: 3 Months
Index Currency: US Dollar
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Interest Payment Period: Quarterly
Interest Payment Dates: Each August 2, November 2, February 2
and May 2, commencing August 2, 1995
Initial Interest Rate Per Annum: To be determined two Business
Day prior to the Original Issue Date based upon LIBOR minus 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. 2318
Dated April 25, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Interest Reset Periods and Dates: Quarterly
Interest Determination Dates: Two London Business Days 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
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 0.0350%.
The Company has agreed to indemnify the Underwriter against and
contribute toward certain liabilities, including liability under
the Securities Act of 1933, as amended.