PROSPECTUS Pricing Supplement No. 2780
Dated January 10, 1995 Dated February 9, 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: February 9, 1996
Settlement Date (Original Issue Date): February 14, 1996
Maturity Date: February 17, 1998
Principal Amount (in Specified Currency): US$15,000,000
Price to Public (Issue Price): The Notes are being purchased by
the Underwriter at 100.00% of their principal amount and will be
sold at varying prices to be determined at the time of sale. For
further information with respect to any discounts, commissions or
profits on resales of Notes that may be deemed underwriting
discounts or commissions, see "Plan of Distribution" below.
Agent's Discount or Commission: The Notes will be sold at varying
prices to be determined by the Underwriter at the time of each
sale.
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
X Federal Funds Rate __ LIBOR __ Prime Rate __ Treasury Rate
__ Other (See "Additional Terms--Interest below).
Spread (Plus or Minus): plus 0.16%
Spread Multiplier: N/A
Index Maturity: N/A
Index Currency: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
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)
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Pricing Supplement No. 2780
Dated February 9, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Interest Payment Period: Quarterly
Interest Payment Dates: Every February 17, May 17, August 17
and November 17, commencing May 17, 1996 (with respect to the
period from and including February 14, 1996 to but excluding May
17, 1996)
Initial Interest Rate Per Annum: To be determined two Business
Day prior to the Original Issue Date.
Interest Rate (continued):
Interest Reset Periods and Dates: Daily, on each Business Day
Interest Determination Dates: Two Business Day 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. 2780
Dated February 9, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Indexed Notes:
Currency Base Rate: N/A
Additional Terms:
Interest.
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.
Additional Terms (continued):
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.
Plan of Distribution:
The Notes are being purchased by Lehman Brothers Inc.
(hereinafter referred to as the "Underwriter") as principal at
a purchase price of 100.00% of the aggregate principal amount of
the Notes.
The Underwriter has advised the Company that the Underwriter
proposes to offer the Notes from time to time for sale in
negotiated transactions or otherwise, at prices determined at
the time of sale.
The Company has agreed to indemnify the Underwriter against and
contribute toward certain liabilities, including liability under
the Securities Act of 1933, as amended.
