PROSPECTUS Revised Pricing Supplement No. 2314
Dated January 10, 1995 Dated May 3, 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
(Redeemable Step Up Coupon Notes)
Principal Amount: US$55,000,000
Trade Date: April 20, 1995
Settlement Date (Original Issue Date): May 12, 1995
Maturity Date: May 12, 2005 (unless earlier redeemed as described
under "Additional Terms--Optional Redemption" below.)
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.50%
Net Proceeds to Issuer (in Specified Currency): US$54,725,000
Interest:
Interest Rate: The Notes will pay interest at the rate of
7.400% per annum for the period from the original issue date up
to but excluding the second Interest Payment Date scheduled to
occur on May 12, 1996; thereafter, the interest rate on the
Notes will reset annually on each May 12 in accordance with the
schedule set forth under "Additional Terms--Interest" below.
Interest Payment Period:
__ Annual X Semi-Annual __ Monthly __ Quarterly
Interest Payment Dates: Each May 12 and November 12, commencing
on November 12, 1995 up to and including the Maturity Date
unless earlier redeemed. See "Additional Terms--Interest"
below.
Repayment, Redemption and Acceleration:
Initial Redemption Date:
May 12, 1996 (See "Additional Terms--Redemption" below)
Initial Redemption Percentage:100%
Optional Repayment Date: Not applicable ("N/A")
POTENTIAL PURCHASERS OF THE NOTES ARE URGED TO READ THIS PRICING
SUPPLEMENT THOROUGHLY TOGETHER WITH THE ACCOMPANYING PROSPECTUS
DATED JANUARY 10, 1995 AND PROSPECTUS SUPPLEMENT DATED JANUARY 25,
1995. SEE "CERTAIN INVESTMENT CONSIDERATIONS" HEREIN.
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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(Redeemable Step Up Coupon Notes)
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Revised Pricing Supplement No. 2314
Dated May 3, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Form of Notes:
X DTC registered
__ non-DTC registered
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
Additional Terms:
Interest.
Interest on the Notes will accrue from May 12, 1995 and will be
payable in U.S. dollars semiannually on each May 12 and November
12, commencing November 12, 1995 up to and including the
Maturity Date or date of earlier redemption (each, an "Interest
Payment Date"). Interest will accrue from and including each
Interest Payment Date to but excluding the next succeeding
Interest Payment Date. In the event an Interest Payment Date
falls on a day other than a Business Day, interest will be paid
on the next succeeding Business Day and no interest on such
payment shall accrue for the period from and after such Interest
Payment Date to such next succeeding Business Day. The interest
rate on the Notes will be equal to 7.400% per annum from and
including the Original Issue Date up to but excluding May 12,
1996. Thereafter, the interest rate will be subject to
adjustment annually on each May 12 in accordance with the
following schedule:
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(Redeemable Step Up Coupon Notes)
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Revised Pricing Supplement No. 2314
Dated May 3, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Interest Period Interest Rate
(per annum)
May 12, 1996 to May 11, 1997 7.500%
May 12, 1997 to May 11, 1998 7.600%
May 12, 1998 to May 11, 1999 7.700%
May 12, 1999 to May 11, 2000 7.800%
May 12, 2000 to May 11, 2001 7.900%
May 12, 2001 to May 11, 2002 8.000%
May 12, 2002 to May 11, 2003 8.250%
May 12, 2003 to May 11, 2004 8.500%
May 12, 2004 to May 11, 2005 9.000%
The amount of interest payable on each Interest Payment Date
will be computed on the basis of a 360 day year consisting of
twelve (12) thirty (30) day months.
Optional Redemption.
The Company may at its option elect to redeem the Notes in whole
on May 12, 1996 or on any Interest Payment Date thereafter (each
such date, an "Optional Redemption Date") at 100% of their
principal amount plus accrued interest to but excluding the date
of redemption (the "Redemption Date"). In the event the Company
elects to redeem the Notes, notice will be given to registered
holders not more than 60 nor less than 30 days prior to the
Redemption Date.
Certain Investment Considerations:
Prospective purchasers of the Notes should be aware that the
Notes will pay interest at different fixed rates each year
through the Maturity Date unless earlier redeemed by the
Company. Prospective purchasers should also be aware that the
Company has the option to redeem the Notes on any Optional
Redemption Date and will be likely to elect to redeem the Notes
in the event prevailing market interest rates are lower than the
then-current interest rate on the Notes.
Plan of Distribution:
The Notes are being purchased by Goldman, Sachs & Co.
(hereinafter referred to as the "Underwriter") as principal at
a purchase price of 100% of the aggregate principal amount less
an underwriting discount equal to 0.50%.
The Company has agreed to indemnify the Underwriter against and
contribute toward certain liabilities, including liability under
the Securities Act of 1933, as amended.
