PROSPECTUS Pricing Supplement No. 2732
Dated January 10, 1995 Dated January 26, 1996
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
No. 33-60723
Dated January 25, 1995
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Floating Rate Notes)
Trade Date: January 26, 1996
Settlement Date (Original Issue Date): January 31, 1996
Maturity Date: February 1, 1999
Principal Amount (in Specified Currency): US$15,000,000
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.00%
Net Proceeds to Issuer (in Specified Currency): US$15,000,000
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
__ LIBOR __ Prime Rate __ Treasury Rate
X Other: 10-Year CMT Rate (as described below under
"Additional Terms--Interest").
Spread (Plus or Minus): minus 0.80%
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. 2732
Dated January 26, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Interest Payment Dates: Every February 1, May 1, August 1 and
November 1, commencing May 1, 1996 (with respect to the period
from and including the Original Issue Date to but excluding May
1, 1996)
Initial Interest Rate Per Annum: To be determined two Business
Days prior to the Original Issue Date based on the 10-Year CMT
Rate minus 0.80%.
Interest Reset Periods and Dates: Quarterly, on each Interest
Payment Date
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)
Page 3
Pricing Supplement No. 2732
Dated January 26, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Indexed Notes:
Currency Base Rate: N/A
Additional Terms:
Interest.
Interest on the Notes will be payable in U.S. dollars quarterly
in arrear on the Interest Payment Dates set forth above. The
interest rate will be adjusted quarterly on each Interest Reset
Date pertaining to an Interest Reset Period and will be a per
annum rate determined two Business days prior to each Interest
Reset Date (each, an "Interest determination Date") and will be
equal to the 10-Year CMT Rate (as defined below) minus 0.80%.
As used herein, the following terms will have the following
meanings:
"10-Year CMT Rate" means, with respect to any Interest Reset
Date, (i) the rate as published in H.15(519) (as defined below)
appearing on Telerate Screen Page 7051 (as defined below) under
the heading "DAILY TREASURY CONSTANT MATURITIES FROM THE
ECONOMIC BULLETIN BOARD" under the caption "10-YR" as of 3:45
p.m., New York time, on the day that is two Business Days prior
to such Interest Reset Date; (ii) in the event that the
H.15(519) rate is not published, the Calculation Agent shall
obtain bid quotations for the U.S. Government Treasury Note
closest to ten years maturity from three U.S. Government
Treasury dealers (the "Reference Dealers") (such quotations to
be rounded to 5 decimal places) and the 10-Year CMT Rate will
equal the arithmetic mean of the quotations so obtained, or the
single rate quoted, as the case may be; and (iii) if none of the
Reference Dealers are quoting as described in (ii) above, the
10-Year CMT Rate will be the last available rate appearing on
Telerate Screen Page 7051 under the heading and caption
described in (i) above.
<PAGE>
(Floating Rate Notes)
Page 4
Pricing Supplement No. 2732
Dated January 26, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
"H.15(519)" means the weekly statistical release designated as
such, published by the Board of Governors of the Federal Reserve
System.
"Business Day" means any day other than a Saturday or Sunday or
a day on which the Federal Reserve Bank of New York is closed,
or, with respect to any payment on a Note, a day on which the
Federal Reserve Bank maintaining the book-entry account with
respect to such Note is closed.
"Telerate Screen Page 7051" means the display designated as
"Page 7051" on the Telerate Service (or such other page as may
replace Page 7051 on such service or such other service for the
purpose of displaying constant maturity treasury rates).
Accrued interest on any Note from the Original Issue Date or the
last preceding Interest Payment Date, as the case may be, is
calculated by multiplying the principal amount of such Note by
an accrued interest factor. The accrued interest factor is
computed by adding the interest factors calculated for each day
from the Original Issue Date or the last preceding Interest
Payment Date, as the case may be, to the date for which accrued
interest is being calculated. The interest factor for each such
day will be computed by dividing the interest rate applicable to
such day be the actual number of days in the year in which such
date falls. The amount of interest payable on any Note on any
Interest Payment Date will be equal to the amount of accrued
interest to but excluding such Interest Payment Date determined
using the applicable accrued interest factor.
The Calculation Agent for the Notes will be Credit Suisse
Financial Products.
General.
At September 30, 1995, the Company had outstanding indebtedness
totalling $100.241 billion, consisting of notes payable within
one year, senior notes payable after one year and subordinated
notes payable after one year. The total amount of outstanding
indebtedness at September 30, 1995 excluding subordinated notes
payable after one year was equal to $99.544 billion.
<PAGE>
(Floating Rate Notes)
Page 5
Pricing Supplement No. 2732
Dated January 26, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Plan of Distribution:
The Notes are being purchased by CS First Boston Corporation (the
"Underwriter"), as principal, at 100% of the aggregate principal
amount.
The Company has agreed to indemnify the Underwriter against
certain liabilities, including liabilities under the Securities Act
of 1933, as amended.
