PROSPECTUS Pricing Supplement No. 3393
Dated April 28, 1999 Dated June 21, 1999
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
Dated May 3, 1999 No.'s 333-59707 and 333-76479
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Fixed Rate Notes)
Trade Date: June 21, 1999
Settlement Date (Original Issue Date): June 25, 1999
Maturity Date: June 25, 2003
Principal Amount (in Specified Currency): USD25,000,000
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.1220%
Net Proceeds to Issuer: USD24,969,500
Interest Rate Per Annum: 6.375%
Interest Payment Date(s):
X June 25th and December 25th of each year commencing
December 25, 1999 (with respect to the period from and
including June 25, 1999 to but excluding December 25,
1999) and on the Maturity Date.
___ Other
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)
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Pricing Supplement No. 3393
Dated June 21, 1999
Rule 424(b)(3)-Registration Statement
No.'s 333-59707 and 333-76479
Repayment, Redemption and Acceleration
Optional Repayment Date(s): N/A
Initial Redemption Date: N/A
Initial Redemption Percentage: 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
<PAGE> (Fixed Rate)
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Pricing Supplement No. 3393
Dated June 21, 1999
Rule 424(b)(3)-Registration Statement
No.'s 333-59707 and 333-76479
Additional Information:
General.
At March 27, 1999, the Company had outstanding indebtedness
totalling $167.367 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 March 27, 1999 excluding subordinated notes
payable after one year was equal to $166.670 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, Three Months Ended
1994 1995 1996 1997 1998 March 27, 1999
1.63 1.51 1.53 1.48 1.50 1.53
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.
Plan of Distribution:
UBS AG, acting through its division Warburg Dillon Read, is
acting as agent in connection with the distribution of the
Notes. The Agent will receive a selling commission equal to
0.1220% of the principal amount of the Notes.
