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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
June 15, 1996
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GECPF-1 Tax-Exempt Grantor Trusts, Series A through Series I
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(Exact name of registrant as specified in its charter)
33-36601
(Subfiles 1 and
New York 3 through 10) See Page 2
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(State or other (Commission ( I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation or
organization)
Three Capital Drive, Eden Prairie, Minnesota 55344
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(Address of principal business office) (Zip Code)
Registrant's telephone number, including area code:(612) 828-2987
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Exhibit Index is on Page 4
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I.R.S. Employment Identification Nos.
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Series A 16-6348902
Series B 16-6348903
Series C 16-6348904
Series D 16-6350083
Series E 16-6350084
Series F 16-6350085
Series G 16-6350086
Series H 16-6350087
Series I 16-6350088
Item 5. OTHER EVENTS.
Reference is made to the Pooling and Servicing Agreements (each, an
"Agreement" and, collectively, the "Agreements") of the GECPF-1 Tax-Exempt
Grantor Trusts, Series A through Series I (each, a "Trust" and, collectively,
the "Trusts"), dated as of November 1, 1990, among GE Capital Public Finance,
Inc., as seller, General Electric Capital Corporation, as servicer, and
Manufacturers and Traders Trust Company, as trustee (the "Trustee"). On or
about June 15, 1996, an amount equal to the Current Interest Amount (as defined
in the Agreements) and the Current Principal Amount (as defined in the
Agreements) applicable to each Trust was distributed pro rata to the holders of
certificates of beneficial interest in such Trust (the "Certificateholders") in
accordance with such Trust's Agreement. A copy of the Trustee's statement for
each Trust for the Collection Period (as defined in each Agreement) from May 1,
1996 through May 31, 1996 has been furnished to the Certificateholders of each
Trust in accordance with Section 13.05 of each Trust's Agreement, and a copy of
the statement for each such Trust is being filed as Exhibit 28 to this Current
Report on Form 8-K.
For the period beginning May 1, 1996, and ending May 31, 1996, the
Servicing Fee paid to the Servicer with respect to each Trust is as follows:
Series A $ 0.00
Series B 0.00
Series D 0.00
Series E 0.00
Series F 0.00
Series G 0.00
Series H 0.00
Series I 440.19
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$ 440.19
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Item 7(c). EXHIBITS.
Exhibit No. Description
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28 Statement of the Trustee to Certificateholders
for the Collection Period ended May 31, 1996.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GECPF-1 TAX-EXEMPT GRANTOR TRUSTS
SERIES A THROUGH SERIES I
By GE CAPITAL PUBLIC FINANCE, INC.,
as Seller with respect to each Trust
Dated: June 26, 1996 By /s/ Cheryl Anderson
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Cheryl Anderson
Manager - Securitization
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EXHIBIT INDEX
Exhibit No. Description Page No.
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28 Statement of the Trustee to Certificateholders 5
for the Collection Period ended May 31, 1996
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[LOGO]
Re: GECPF-1 Series I Tax-Exempt
CUSIP 36158L-AF4
Distribution Date 6/15/96
(a) the Certificateholder's pro rata share of the Current Interest Amount
and the Current Principal Amount to be distributed on such Distribution Date:
Interest - $ 4,935.02
Principal - $50,514.29
(b) the amount of the Certificateholder's distribution allocable to
principal per $1,000 face amount; $3.823943
(c) the amount of the Certificateholder's distribution allocable to
interest per $1,000 face amount; $0.373582
(d) the Certificateholder's Certificate Principal Balance, net of the
amount to be distributed on the next Distribution Date allocable to principal,
as of the immediately preceding Record Date; $1,236,408.47
(e) the Aggregate Certificate Principal Balance, net of the amount to be
distributed on the next Distribution Date allocable to principal, as of the
immediately preceding Record Date; $1,236,852.27
(f) the Pool Factor, net of the amount to be distributed on the next
Distribution Date allocable to principal, as of the immediately preceding Record
Date; 0.0935964
(g) the Accrual Factor, net of the amount to be distributed on the next
Distribution Date allocable to principal, as of the immediately preceding Record
Date is; 0.0016216
(h) the aggregate amount of Outstanding Advances as of the immediately
preceding Record Date is: $1,130.16; and the change in such amount from the
previous month is: ($0.00)
(i) the Certificateholder's pro rata share of an Indemnity Amount to be
distributed on the next Distribution Date: $0.00
(j) the aggregate amount of servicing Fees received by the Servicer during
the immediately preceding Collection Period is: $440.19
<PAGE>
[LOGO]
Re: GECPF-1 Series I Tax-Exempt
CUSIP 36158L-AF4
Distribution Date 6/15/96
(a) the Certificateholder's pro rata share of the Current Interest Amount
and the Current Principal Amount to be distributed on such Distribution Date:
Interest - $ 1.77
Principal - $18.13
(b) the amount of the Certificateholder's distribution allocable to
principal per $1,000 face amount; $3.823943
(c) the amount of the Certificateholder's distribution allocable to
interest per $1,000 face amount; $0.373582
(d) the Certificateholder's Certificate Principal Balance, net of the
amount to be distributed on the next Distribution Date allocable to principal,
as of the immediately preceding Record Date; $443.80
(e) the Aggregate Certificate Principal Balance, net of the amount to be
distributed on the next Distribution Date allocable to principal, as of the
immediately preceding Record Date; $1,236,852.27
(f) the Pool Factor, net of the amount to be distributed on the next
Distribution Date allocable to principal, as of the immediately preceding Record
Date; 0.0935964
(g) the Accrual Factor, net of the amount to be distributed on the next
Distribution Date allocable to principal, as of the immediately preceding Record
Date is; 0.0016216
(h) the aggregate amount of Outstanding Advances as of the immediately
preceding Record Date is: $1,130.16; and the change in such amount from the
previous month is: ($0.00)
(i) the Certificateholder's pro rata share of an Indemnity Amount to be
distributed on the next Distribution Date: $0.00
(j) the aggregate amount of servicing Fees received by the Servicer during
the immediately preceding Collection Period is: $440.19
