424B3 1 0001.txt PROSPECTUS Pricing Supplement No's. 3573 and 3574 Dated September 5, 2000 Dated October 5, 2000 PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement Dated September 7, 2000 No. 333-87367 and 333-40880 GENERAL ELECTRIC CAPITAL CORPORATION GLOBAL MEDIUM-TERM NOTES, SERIES A ( Fixed Rate Notes) Trade Date: Tranche A: October 4, 2000 Tranche B: October 5, 2000 Settlement Date (Original Issue Date) : October 10, 2000 Maturity Date: October 1, 2002 Principal Amount (in Specified Currency): Tranche A: USD 750,000,000 Tranche B: USD 250,000,000 Price to Public (Issue Price): Tranche A: 99.919% Tranche B: The Tranche B Notes are being purchased by the Underwriters at 99.719% of their principal amount and will be sold initially at 99.919% of their principal amount and thereafter at varying prices to be determined at the time of sale. For further information with respect to any discounts, commissions or profits on resales of the Tranche B Notes that may be deemed underwriting discounts or commissions, see "Plan of Distribution" below. Agent's Discount or Commission: Tranche A: 0.20% Tranche B: The Tranche B Notes will be sold at varying prices to be determined by the Underwriters at the time of each sale. Net Proceeds to Issuer: Tranche A: USD$ 747,892,500 Tranche B: USD$ 249,297,500 Interest Rate Per Annum: 6.70% Interest Payment Date(s): April 1 and October 1 of each year commencing April 1, 2001 (for the period from and including October 10, 2000 to but excluding April 1, 2001, each period from and including an Interest Payment Date or the Original Issue Date as the case may be, to but excluding the next succeeding Interest Payment date is referred to herein as an "Interest Period"). Form of Notes: X DTC registered ___ non-DTC registered CUSIP Number: 36962GVK7 ISIN Number: US36962GVK74 Common Code: 011895760 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.'s 3573 and 3574 Dated October 5, 2000 Rule 424(b)(3)-Registration Statement No. 333-87367 and 333-40880 Repayment, Redemption and Acceleration Initial Redemption Date: N/A Initial Redemption Percentage: N/A Optional Repayment Date: Not applicable(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 September 7, 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 Additional Terms Interest. Accrued interest on the Notes for each Interest Period shall be calculated and paid on the basis of a year of 360 days consisting of twelve 30-day months. As a result, the amount payable on each Interest Payment Date will remain constant irrespective of the actual number of days that have elapsed since the preceding Interest Payment Date. (Fixed Rate Notes) Page 3 Pricing Supplement No.'s 3573 and 3574 Dated October 5, 2000 Rule 424(b)(3)-Registration Statement No. 333-87367 and 333-40880 Additional Information: General. At July 1, 2000, the Company had outstanding indebtedness totaling $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. Plan of Distribution: The Tranche A Notes are being purchased by the following financial institutions (collectively, the "Underwriters"), in the respective amounts set forth below, as principal, at a price of 99.919% of the aggregate principal amount less an underwriting discount equal to 0.20% of the principal amount of the Tranche A Notes. The Tranche B Notes are being purchased by the Underwriters, as principal, at 99.719% of their aggregate principal amount. The Underwriters have advised the Company that the Underwriters propose to offer the Tranche B Notes from time to time for sale in negotiated transactions or otherwise, at prices determined at the time of sale. Tranche A Tranche B Underwriters Commitment Commitment Morgan Stanley & Co.Incorporated $352,500,000 $117,500,000 UBS Warburg LLC $352,500,000 $117,500,000 ABN AMRO IncorporateD $7,500,000 $2,500,000 Blaylock & Partners, L.P. $7,500,000 $2,500,000 Lehman Brothers Inc. $7,500,000 $2,500,000 Merrill Lynch, Pierce, Fenner & Smith $7,500,000 $2,500,000 Incorporated Salomon Smith Barney Inc. $7,500,000 $2,500,000 The Williams Capital Group, L.P. $7,500,000 $2,500,000 Total $750,000,000 $250,000,000 The Company has agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended.