PROSPECTUS Pricing Supplement No. 2804
Dated January 10, 1995 Dated March 7, 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: March 7, 1996
Settlement Date (Original Issue Date): March 12, 1996
Maturity Date: March 12, 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 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: US$20,000,000
Interest Rate Per Annum: 7.00%
Interest Payment Date(s):
__ March 15 and September 15 of each year
X Other: Monthly, commencing on April 12, 1996, and ending on
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.
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(Fixed Rate Notes)
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Pricing Supplement No. 2804
Dated March 7, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Repayment, Redemption and Acceleration
Initial Redemption Date: March 12, 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 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 will remain constant irrespective of the
actual number of days that have elapsed since the preceding
Interest Payment Date.
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(Fixed Rate Notes)
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Pricing Supplement No. 2804
Dated March 7, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Optional Redemption.
The Company may at its option elect to redeem the Notes in whole
or in part on March 12, 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 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.
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.
