PROSPECTUS Pricing Supplement No. 2489
Dated January 10, 1995 ated August 29, 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: August 29, 1995
Settlement Date (Original Issue Date): September 1, 1995
Maturity Date: September 2, 1997
Principal Amount (in Specified Currency): US$25,000,000
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.00%
Net Proceeds to Issuer (in Specified Currency): US$25,000,000
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 0.125%
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.
<PAGE>
(Floating Rate Notes)
Page 2
Pricing Supplement No. 2489
Dated August 29, 1995
Rule 424(b)(3)-Registration Statement
No. 33-55209
Interest Payment Dates: Every December 1, March 1, June 1 and
September 1, commencing December 1, 1995 and on the Maturity
Date
Initial Interest Rate Per Annum: To be determined two Business
Days prior to the Original Issue Date based upon the Federal
Funds Rate plus the Spread.
Interest Reset Periods and Dates: Daily, on each Business Day
Interest Determination Dates: Two 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
<PAGE>
(Floating Rate Notes)
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Pricing Supplement No. 2489
Dated August 29, 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 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 December 1, March 1,
June 1 and September 1, commencing December 1, 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 two Business Days 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.
Salomon Brothers Inc will be the Calculation Agent for the Notes.
Plan of Distribution:
The Notes are being distributed by Salomon Brothers Inc, as agent
(the "Agent"), at the Issue Price set forth on the cover page
hereof.
