PROSPECTUS Revised Pricing Supplement No. 2692
Dated January 10, 1995 Dated January 12, 1996
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration
Dated January 25, 1995 Statement No. 33-60723
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Floating Rate Notes)
Trade Date: January 12, 1996
Settlement Date (Original Issue Date): January 17, 1996
Maturity Date: January 20, 1998
Principal Amount (in Specified Currency): US$50,000,000
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.00%
Net Proceeds to Issuer (in Specified Currency): US$50,000,000
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 (See "Additional Terms--Interest" below)
___ LIBOR ___ Prime Rate ___ Treasury Rate ___ Other (See
"Additional Terms--Interest below).
Spread (Plus or Minus): plus 0.165%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
Interest Payment Dates: Every April 17, July 17, October 17 and
January 17, commencing April 17, 1996 and on the Maturity Date
with respect to the period from and including the Interest
Payment Date scheduled to occur on October 17, 1997 to but
excluding January 20, 1998).
Initial Interest Rate Per Annum:
To be determined two Business Day prior to the Original Issue
Date.
Interest Reset Periods and Dates: Daily, on each Business Day
Interest Determination Dates: Two Business Day prior to each
Interest Reset Date
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. 2692
Dated January 12, 1996
Rule 424(b)(3)-Registration
Statement No. 33-60723
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
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.
The Calculation Agent is Salomon Brothers Inc
<PAGE>
(Floating Rate Notes)
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Pricing Supplement No. 2692
Dated January 12, 1996
Rule 424(b)(3)-Registration
Statement No. 33-60723
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 Salomon Brothers Inc (the
"Underwriter"), as principal, at 100% of the aggregate principal
amount of the Notes.
The Company has agreed to indemnify the Underwriter against
certain liabilities, including liabilities under the Securities
Act of 1933, as amended.
