PROSPECTUS Pricing Supplement No. 3527
Dated October 7, 1999 Dated April 19, 2000
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
Dated December 17, 1999 No.'s 333-76479 and 333-87367
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Fixed Rate Notes)
Trade Date: April 19, 2000
Settlement Date (Original Issue Date): April 26, 2000
Maturity Date: March 1, 2002
Principal Amount (in Specified Currency): USD500,000,000
Price to Public (Issue Price): 100.073% (Plus accrued
interest from March 13, 2000)
Agent's Discount or Commission: 0.200%
Net Proceeds to Issuer: USD499,365,000 (Plus accrued
interest from March 13, 2000)1
Interest Rate Per Annum: 7.00%
Interest Payment Date(s):
X Semi-Annually on March 1st and September 1st of
each year commencing, September 1, 2000.
Form of Notes:
X DTC registered ___ non-DTC registered
CUSIP Number: 36962G UP7
ISIN Number: US36962GUP70
Common Code: 010921155
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. 3527
Dated April 19, 2000
Rule 424(b)(3)-Registration Statement
No.'s 333-76479 and 333-87367
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
Reopening of Issue:
Additional notes may be issued with the same terms as these
Notes. After such additional notes are issued, they will be
fungible with these Notes. See "Description of Notes - Reopening
of Issue" as described in the Prospectus Supplement dated
December 17, 1999.
The notes are intended to be fully fungible with and will be
consolidated and form a single issue for all purposes with the
Company's issue of USD750,000,000 7.0% Notes Due March 1, 2002,
described in the Company's Pricing Supplement number 3519 dated
March 8, 2000;
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. 3527
Dated April 19, 2000
Rule 424(b)(3)-Registration Statement
No.'s 333-76479 and 333-87367
Additional Information:
General.
At December 31, 1999, the Company had outstanding indebtedness
totalling $191.935 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, 1999 excluding subordinated notes
payable after one year was equal to $191.238 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,
1995 1996 1997 1998 1999
1.51 1.53 1.48 1.50 1.60
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:
The Notes are being purchased by Merrill Lynch, Pierce, Fenner
& Smith Incorporated (the "Underwriter"), as principal, at
100.073% of the aggregate principal amount less an
underwriting discount equal to 0.200% of the principal amount
of the Notes. The Underwriter has agreed to reimburse the
Issuer for $250,000 in expenses incurred in connection with
the issuance and sale of the Notes.
The Company has agreed to indemnify the Underwriters against
certain liabilities, including liabilities under the
Securities Act of 1933, as amended.
_______________________________
1 Net proceeds to Issuer before deduction of expenses payable by
the Issuer of $250,000 alll of which will be paid by the
Underwriter. See "Plan Of Distribution."
