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PROSPECTUS Pricing Supplement No. 3562
Dated September 7, 2000 Dated: September 11, 2000
PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement
Dated September 5, 2000 No.'s 333-87367 and 333-40880
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Fixed Rate Notes)
Trade Date: September 11, 2000
Settlement Date (Original Issue Date): September 28, 2000
Maturity Date: September 28, 2015 (subject to earlier redemption,
as set forth under "Additional Terms - Optional Redemption")
Principal Amount (in Specified Currency): $50,000,000
Price to Public (Issue Price): 100%
Agent's Discount or Commission: 1.5%
Net Proceeds to Issuer: $49,250,000
Interest Rate Per Annum: 7.5%
Interest Payment Date(s):
X Monthly on 28th of each month commencing October 28,
2000 (with respect to the period from and including
September 28, 2000 to but excluding October 28, 2000)
and on the Maturity Date
___ Other:
Form of Notes:
X DTC registered ___ non-DTC registered
Repayment, Redemption and Acceleration
Optional Repayment Date(s): N/A
Initial Redemption Date: October 28, 2001 and on each interest
payment date thereafter (See "Additional Terms - Optional
Redemption" below)
Initial Redemption Percentage: 100%
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration: N/A
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.
(Fixed Rate)
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Pricing Supplement No. 3562
Dated September 11, 2000
Rule 424(b)(3)-Registration Statement
No.'s 333-87367 and 333-40880
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
Additional Terms:
Optional Redemption.
The Company may at its option elect to redeem the Notes in
whole or in part on October 28, 2001 or on any Interest
Payment Date thereafter (each such date, an "Optional
Redemption Date") at 100% of their principal amount plus
accrued interest to but excluding the date of redemption (the
"Redemption Date"). In the event the Company elects to redeem
the Notes, notice will be given to registered holders at least
30 days prior to the Redemption Date.
Additional Information:
General.
At July 1, 2000, the Company had outstanding indebtedness
totalling $189.429 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 July 1, 2000 excluding subordinated notes
payable after one year was equal to $188.732 billion.
(Fixed Rate)
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Pricing Supplement No. 3562
Dated September 11, 2000
Rule 424(b)(3)-Registration Statement
No.'s 333-87367 and 333-40880
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:
Six Months
ended
Year Ended December31,
July 1, 2000
1995 1996 1997 1998 1999
1.51 1.53 1.48 1.50 1.60 1.61
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 Salomon Smith Barney Inc. (the
"Underwriter"), as principal, at 100% of the aggregate principal
amount less an underwriting discount equal to 1.5% of the
principal amount of the Notes.
The Company has agreed to indemnify the Underwriter against
certain liabilities, including liabilities under the Securities
Act of 1933, as amended.
