PROSPECTUS Pricing Supplement No. 2091
Dated April 1, 1994 Dated January 6, 1995
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration
Dated April 1, 1994 Statement No. 33-54009
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES
(Redeemable Step Up Coupon Notes)
Series: A X B ___ C ___
Principal Amount:US$20,000,000
Trade Date: January 6, 1995
Settlement Date
(Original Issue Date):January 30, 1995
Maturity Date: January 30, 2007 (unless earlier redeemed as
described under "Additional Terms--Optional Redemption" below.
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 100% 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$20,000,000
Interest:
Interest Rate: The Notes will pay interest at the rate of 8.250%
per annum for the period from the original issue date up to but
excluding the fourth Interest Payment Date scheduled to occur on
January 30, 1997; thereafter, the interest rate on the Notes will
reset annually on each January 30 in accordance with the schedule
set forth under "Additional Terms--Interest" below.
Interest Payment Period: ___ Annual X Semi-Annual ___
Monthly ___ Quarterly
POTENTIAL PURCHASERS OF THE NOTES ARE URGED TO READ THIS PRICING
SUPPLEMENT THOROUGHLY TOGETHER WITH THE ACCOMPANYING PROSPECTUS AND
PROSPECTUS SUPPLEMENT EACH DATED APRIL 1, 1994. 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<PAGE>
Pricing Supplement No. 2091
Dated January 6, 1995
Rule 424(b)(3)-Registration
Statement No. 33-54009
Interest Payment Dates: Each January 30 and July 30, commencing on
July 30, 1995 up to and including the Maturity Date unless earlier
redeemed. See "Additional Terms--Interest" below.
Repayment, Redemption and Acceleration:
Optional Repayment Date: Not applicable ("N/A")
Initial Redemption Date: January 30, 1997 (See "Additional Terms-
- -Redemption" below)
Initial Redemption Percentage: 100%
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
<PAGE>
Pricing Supplement No. 2091
Dated January 6, 1995
Rule 424(b)(3)-Registration
Statement No. 33-54009
Additional Terms:
Interest.
Interest on the Notes will accrue from January 30, 1995 and will
be payable in U.S. dollars semiannually on each January 30 and July
30, commencing July 30, 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 8.250% per
annum from and including the Original Issue Date up to but
excluding January 30, 1997. Thereafter, the interest rate will be
subject to adjustment annually on each January 30 in accordance
with the following schedule:
Interest Period Interest Rate
January 30, 1997 to January 30, 1998 8.375% per annum
January 30, 1998 to January 30, 1999 8.500% per annum
January 30, 1999 to January 30, 2000 8.625% per annum
January 30, 2000 to January 30, 2001 8.750% per annum
January 30, 2001 to January 30, 2002 9.000% per annum
January 30, 2002 to January 30, 2003 9.250% per annum
January 30, 2003 to January 30, 2004 9.500% per annum
January 30, 2004 to January 30, 2005 10.000% per annum
January 30, 2005 to January 30, 2006 11.000% per annum
January 30, 2006 to January 30, 2007 12.000% per annum
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
or in part on January 30, 1997 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.
<PAGE>
Pricing Supplement No. 2091
Dated January 6, 1995
Rule 424(b)(3)-Registration
Statement No. 33-54009
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 Salomon Brothers Inc
(hereinafter referred to as the "Underwriter") as principal at a
purchase price of 100% of the aggregate principal amount of the
Notes. The net proceeds to the Corporation will be 100% of the
principal amount of the Notes.
The Underwriter has advised the Company that the Underwriter
proposed to offer the Notes from time to time for sale in
negotiated transactions or otherwise, at prices determined at the
time of sale. The Underwriter may effect such transactions by
selling Notes to or through dealers and such dealers may receive
compensation in the form of underwriting discounts, concessions or
commissions from the Underwriter and any purchasers of Notes (which
may include other dealers) for whom they may act as agent. The
Underwriter and any dealers that participate with the Underwriter
or other dealers in the distribution of the Notes may be deemed to
be underwriters, and any discounts or commission received by them
and any profit on the resale of Notes by them may be deemed to be
underwriting compensation.
The Company has agreed to indemnify the Underwriter against and
contribute toward certain liabilities, including liability under
the Securities Act of 1933, as amended.
