424B3 1 0001.txt PROSPECTUS Pricing Supplement No. 3547 Dated October 7, 1999 Dated : July 11, 2000 PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement Dated December 17, 1999 Number: 333-87367 GENERAL ELECTRIC CAPITAL CORPORATION GLOBAL MEDIUM-TERM NOTES, SERIES A (Fixed Rate Notes) Trade Date: July 11, 2000 Settlement Date (Original Issue Date): July 13, 2000 Maturity Date: January 14, 2002 Principal Amount (in Specified Currency): USD5,000,000 Price to Public (Issue Price): 100.00% Agent's Discount or Commission: 0.00% Net Proceeds to Issuer: USD5,000,000 Interest Rate Per Annum: 6.98% Interest Payment Date(s): X July 14th and January 14th of each year commencing January 14, 2001 (with respect to the period from and including July 13, 2000 to but excluding January 14, 2001) and ending on the Maturity Date. ___ Other: Form of Notes: X DTC registered ___ non-DTC registered CUSIP: 36962 GVA9 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) Page 2 Pricing Supplement No. 3547 Dated July 11, 2000 Rule 424(b)(3)-Registration Statement Number: 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 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 (Fixed Rate) Page 3 Pricing Supplement No. 3547 Dated July 11, 2000 Rule 424(b)(3)-Registration Statement Number: 333-87367 Additional Information: General. At April 1, 2000, the Company had outstanding indebtedness totalling $186.789 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 April 1, 2000 excluding subordinated notes payable after one year was equal to $186.092 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: Three Months ended Year Ended December 31, April 1, 2000 1995 1996 1997 1998 1999 1.51 1.53 1.48 1.50 1.60 1.67 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. Recent Developments: On May 25, 2000, the Board of Directors of the Company adopted resolutions approving the reincorpration and change of domicile of the Company from New York to Delaware. This reincorporation is currently expected to occur in the third quarter of 2000. Plan of Distribution: GECC Capital Markets Group, Inc. is acting as agent in connection with the distribution of the Notes. The Agent will receive a selling commission equal to 0.00% of the principal amount of the Notes.