PROSPECTUS Pricing Supplement No. 2689
Dated January 10, 1995 Dated January 11, 1996
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
Dated January 25, 1995 No. 33-60723
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Floating Rate Notes)
Trade Date: January 11, 1996
Settlement Date (Original Issue Date): January 17, 1996
Maturity Date: January 17, 1997
Principal Amount (in Specified Currency): US$100,000,000
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.00%
Net Proceeds to Issuer (in Specified Currency): US$100,000,000
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 (See "Additional Terms - Interest" below)
X LIBOR ___ Prime Rate ___ Treasury Rate
___ Other (See "Additional Terms - Interest" below)
Spread (Plus or Minus): minus 0.055% Spread Multiplier: N/A
Index Maturity: 3 Months Index Currency: US Dollar
Maximum Interest Rate: N/A Minimum Interest Rate: N/A
Interest Payment Period: Quarterly
Interest Payment Dates: Every January 17, April 17, July 17
and October 17, commencing on April
17, 1996
Initial Interest Rate
Per Annum: To be determined two London Banking
Days prior to the Original Issue 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.
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(Floating Rate Notes)
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Pricing Supplement No. 2689
Dated January 11, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Interest Reset Periods
and Dates: Quarterly on each Interest Payment Date
Interest Determination
Dates: Two London Banking 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
Indexed Notes:
Currency Base Rate: N/A
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(Floating Rate Notes)
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Pricing Supplement No. 2689
Dated January 11, 1996
Rule 424(b)(3)-Registration Statement
No. 33-60723
Additional Terms:
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 UBS Securities Inc. (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.
