PROSPECTUS Pricing Supplement No. 2836
Dated January 10, 1995 Dated May 3, 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
(Redeemable Fixed Rate Notes)
Trade Date: May 3, 1996
Settlement Date (Original Issue Date): May 8, 1996
Maturity Date: May 9, 2011 (subject to earlier redemption, as set
forth under "Additional Terms-Redemption")
Principal Amount (in Specified Currency): US$20,000,000
Price to Public (Issue Price): The Notes are being purchased by
the Underwriter at 98.5% 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: US$19,700,000
Interest Rate Per Annum: 7.60%
Interest Payment Date(s):
__ March 15 and September 15 of each year
X Other: Monthly on the 8th of each month, commencing on June
8, 1996, and ending on the Maturity Date (with respect to
the period from and including the preceding Interest
Payment Date on April 8, 2011 to but excluding the Maturity
Date) (each period from and including an Interest Payment
Date or the Original Issue Date, as the case may be, to but
excluding the next succeeding Interest Payment Date are
referred to herein as an "Interest Period")
Form of Notes:
X DTC registered
__ non-DTC registered
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>
(Fixed Rate Notes)
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Pricing Supplement No. 2836
Dated May 3, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Repayment, Redemption and Acceleration
Initial Redemption Date: May 8, 1997, and thereafter on any
Interest Payment Date (See "Additional Terms--Redemption" below)
Initial Redemption Percentage: 100%
Optional Repayment Date: Not applicable ("N/A")
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration: N/A
Original Issue Discount:
Amount of OID: N/A
Yield to Maturity: N/A
Interest Accrual Date: 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
Option Value Calculation Agent: N/A
Option Election Date(s): N/A
Indexed Notes:
Currency Base Rate: N/A
Determination Agent: N/A
Additional Terms:
Interest.
Accrued interest on the Notes for each Interest Period (other
than the Interest Period commencing on April 8, 2011 (the "Final
Interest Period")) shall be calculated and paid based on the
number of days in such Period divided by 360 (the number of days
in such Period to be calculated on the basis of a year of 360
days consisting of twelve 30-day months). As a result, the
amount payable on each Interest Payment Date (other than the
Interest Payment Date with respect to the Final Interest Period
occurring on the Maturity Date) will remain constant
irrespective of the actual number of days that have elapsed
since the preceding Interest Payment Date. Accrued interest on
the Notes for the Final Interest Period shall be calculated as
(Fixed Rate Notes)
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Pricing Supplement No. 2836
Dated May 3, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
described in the Prospectus Supplement under the caption
"Interest and Interest Rates--Fixed Rate Notes."
Optional Redemption.
The Company may at its option elect to redeem the Notes in whole
on May 8, 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.
General
At December 31, 1995, the Company had outstanding indebtedness
totalling $107.755 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 December 31, 1995 excluding subordinated notes
payable after one year was equal to $107.058 billion.
Plan of Distribution:
The Notes are being purchased by Merrill Lynch, Pierce, Fenner
& Smith Incorporated (the "Underwriter"), as principal, at 98.5%
of the aggregate principal amount. 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
certain liabilities, including liabilities under the Securities
Act of 1933, as amended.
