PROSPECTUS Pricing Supplement No. 3512
Dated October 7, 1999 Dated January 21, 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: January 21, 2000
Settlement Date (Original Issue Date): January 26, 2000
Maturity Date: February 1, 2005
Principal Amount (in Specified Currency): USD750,000,000
Price to Public (Issue Price): 99.762%
Agent's Discount or Commission: 0.325%
Net Proceeds to Issuer: USD745,777,500
Interest Rate Per Annum: 7.25%
Interest Payment Date(s):
X Semi-Annually on February 1st and August 1st of
each year commencing, August 1, 2000 (with respect to the
period from and including January 26, 2000 to but
excluding August 1, 2000) and on the Maturity Date (with
respect to the period from and including August 1, 2004
to but excluding February 1, 2005).
Form of Notes:
X DTC registered ___ non-DTC registered
CUSIP Number: 36962G UM4
ISIN Number: US36962G UM40
Common Code: 010712114
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. 3512
Dated January 21, 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.
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. 3512
Dated January 21, 2000
Rule 424(b)(3)-Registration Statement
No.'s 333-76479 and 333-87367
Additional Information:
General.
At September 25, 1999, the Company had outstanding
indebtedness totalling $177.082 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 25, 1999
excluding subordinated notes payable after one year was equal
to $176.385 billion.
Consolidated Ratio of Earnings 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, Nine Months Ended
1994 1995 1996 1997 1998 September 25, 1999
1.63 1.51 1.53 1.48 1.50 1.62
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,
interest capitalized (net of amortization) and fixed charges.
Fixed charges consist of interest 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 Goldman, Sachs & Co. and
Merrill Lynch, Pierce, Fenner & Smith Incorporated
(the "Underwriters"), as principal, at 99.762% of the
aggregate principal amount less an underwriting discount equal
to 0.325% of the principal amount of the Notes.
The Company has agreed to indemnify the Underwriters against
certain liabilities, including liabilities under the
Securities Act of 1933, as amended.
