PROSPECTUS Pricing Supplement No. 3333
Dated January 10, 1995 Dated April 7, 1999
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement No. 333-59707
Dated January 25, 1995
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Floating Rate Notes)
Trade Date: April 7, 1999
Settlement Date (Original Issue Date): April 12, 1999
Maturity Date: April 12, 2000
Principal Amount (in Specified Currency): USD200,000,000
Price to Public (Issue Price): 100%
Agent's Discount or Commission: 0%
Net Proceeds to Issuer (in Specified Currency):
USD200,000,000
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 5 basis points
Spread Multiplier: N/A
Index Maturity: 3 Months
Index Currency: U.S. Dollar
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Interest Payment Period: Quarterly
Interest Payment Dates: Each January 12, April 12, July 12 and
October 12 commencing July 12, 1999
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. 3333
Dated April 7, 1999
Rule 424(b)(3)-Registration Statement No. 333-59707
Initial Interest Rate Per Annum:
To be Determined two London Banking
Days prior to the Original Issue
Date. "London Banking Day" means
any day on which commercial banks
are open for business (including
dealings in foreign exchange and
foreign currency deposits) in
London, England.
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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Pricing Supplement No. 3333
Dated April 7, 1999
Rule 424(b)(3)-Registration Statement No. 333-59707
Additional Terms:
Certain Covenants of the Company.
As of August 1, 1996, the Company entered into a
supplemental indenture with The Chase Manhattan Bank, as
trustee (the "Trustee"), eliminating the covenants of
the Company described in the Prospectus under the
caption "Certain Covenants of the Company".
Consequently, the information under such caption is not
applicable to the Notes. As of February 27, 1997, the
Company entered into a Third Amended and Restated
Indenture with the Trustee. References in the
accompanying Prospectus Supplement and Prospectus to
"Indenture" shall be amended to refer to such Third
Amended and Restated Indenture
Additional Information:
The Calculation Agent for the Notes will be GECC Capital
Markets Group, Inc.
General.
At December 31, 1998, the Company had outstanding
indebtedness totalling $165.602 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, 1998 excluding subordinated notes payable
after one year was equal to $164.905 billion.
Consolidated Ratio of Earning to Fixed Charges.
The information contained in the Prospectus under the
caption "Consolidated Ratio of Earnings to Fixed
Charges" is hereby amended in its entirety, as follows:
Year Ended December 31,
1994 1995 1996 1997 1998
1.63 1.51 1.53 1.48 1.50
For purposes of computing the consolidated ratio of
earnings to fixed charges, earnings consist of net
earnings adjusted for the provision for income taxes,
minority interest and fixed charges. Fixed charges
consist of interest and discount on all indebtedness and
one-third of rentals, which the Company believes is a
reasonable approximation of the interest factor of such
rentals.
<PAGE> (Floating Rate Notes)
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Pricing Supplement No. 3333
Dated April 7, 1999
Rule 424(b)(3)-Registration Statement No. 333-59707
Documents Incorporated by Reference.
The information contained in the Prospectus in the first
paragraph of text under the caption "Documents
Incorporated by Reference" is hereby amended in its
entirety, as follows: There is hereby incorporated in
the Prospectus by reference the Company's Annual Report
on Form 10-K for the year ended December 31, 1998
heretofore filed with the Securities and Exchange
Commission pursuant to the Securities Exchange Act of
1934, as amended, to which reference is hereby made.
Plan of Distribution:
GECC Capital Markets Group, Inc. is acting as agent in
connection with the distribution of the Notes. In such
role, the Agent is not authorized to hold securities or
funds on behalf of its customers. Therefore, purchasers
will clear and settle directly with the issuer of the
Notes. The Agent will receive a selling commission equal
to 0% of the principal amount of the Notes.
