PROSPECTUS Pricing Supplement No. 2333
Dated January 10, 1995 Dated May 5, 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: May 5, 1995
Settlement Date (Original Issue Date): May 15, 1995
Maturity Date: May 15, 1996
Principal Amount (in Specified Currency): US$50,000,000
Price to Public (Issue Price): The Notes will be sold at varying
prices to be determined by the Underwriter at the time of each
sale. See "Plan of Distribution" below.
Agent's Discount or Commission: The Notes are being purchased by
the Underwriter at 99.951% of their principal amount and will be
sold at varying prices to be determined at the time of sale. See
"Plan of Distribution" below.
Net Proceeds to Issuer (in Specified Currency): US$49,975,500
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
__ LIBOR X Prime Rate __ Treasury Rate
__ Other (See "Additional Terms--Interest" below)
Spread (Plus or Minus): minus 2.85%
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
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. 2333
Dated May 5, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Interest Payment Dates: August 15, 1995, November 15, 1995,
February 15, 1996 and May 15, 1996
Initial Interest Rate Per Annum: To be determined one Business
Day prior to the Original Issue Date based on Prime minus 2.85%.
Interest Reset Periods and Dates: Daily, on each Business Day
Interest Determination Dates: One 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
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(Floating Rate Notes)
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Pricing Supplement No. 2333
Dated May 5, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Indexed Notes:
Currency Base Rate: N/A
Additional Terms:
Interest:
The interest rate applicable to each daily Interest Reset Period
will equal the Prime Rate (as defined below) minus the Spread set
forth on the cover page of this Pricing Supplement. Interest will
be payable quarterly on August 15, 1995, November 15, 1995,
February 15, 1996 and May 15, 1996 (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.
"Prime Rate" means, with respect to any Interest Reset Date, the
rate (expressed on the basis of the actual number of days in the
year divided by 360) appearing on Telerate Page 125 (as defined
below) as of 11:00 a.m., New York City time, on the related
Interest determination Date under the heading "Bank Prime Rate
History". If Telerate Page 125 is not available for such Interest
Determination Date, then the Prime Rate for the related Interest
Reset Date shall be the rate appearing in the Federal Reserve
Statistical Release H.15(519) opposite the caption "Bank Prime
Loan" for such Interest Determination Date. If Telerate Page 125
and the Federal Reserve Statistical Release H.15(519) are not
available for any Interest Determination Date, the Prime Rate
applicable to such Interest Reset Date shall be the arithmetic mean
of the rates appearing on Telerate Page 38 (as defined below) as of
11:00 a.m., New York City time, on such Interest Determination Date
under the heading "Prime Rates-Top 30 U.S. Banks". If Telerate
Page 125, the Federal Reserve Statistical Release H.15(519) and
Telerate Page 38 are unavailable for any Interest Determination
Date with respect to an Interest Reset Date, then the Prime Rate
will be based on the arithmetic mean of the prime rates or base
lending rates (quoted on the basis of the actual number of days in
the year divided by a 360 day year) quoted by three major money
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(Floating Rate Notes)
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Pricing Supplement No. 2333
Dated May 5, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
center banks in the City of New York selected by the Calculation
Agent; provided, however, that if fewer than three banks selected
as aforesaid by the Calculation Agent are quoting as described in
this sentence, the Prime Rate applicable to such Interest Reset
Date shall be the Prime Rate in effect on such Interest Reset Date.
"Telerate Page 125" and "Telerate Page 38" mean the display pages
designated as "Page 125" and "Page 38", respectively, on the Dow
Jones Telerate Service (or such other pages as may replace such
pages on that service, or such other service as may be nominated as
the information vendor for the purposes of displaying rates
comparable to the Prime Rate).
GECC Capital Markets Group, Inc. will serve as Calculation Agent.
Plan of Distribution
The Notes are being purchased by Salomon Brothers Inc
(hereinafter referred to as the "Underwriter") as principal at a
purchase price of 99.951% of the aggregate principal amount of the
Notes. The Notes will be sold to the public varying prices to be
determined by the Underwriter at the time of each sale. The net
proceeds to the Corporation will be 100% 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.
