424B3 1 0001.txt PROSPECTUS Pricing Supplement No. 3577 Dated September 5, 2000 Dated October 16, 2000 PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Dated September 7, 2000 Statement Numbers 333-87367 and 333-40880 Reopening of Pricing Supplement Numbers 3529 and 3530, dated April 26, 2000 GENERAL ELECTRIC CAPITAL CORPORATION GLOBAL MEDIUM-TERM NOTES, SERIES A (Fixed Rate Notes) Trade Date: October 16, 2000 Settlement Date (Original Issue Date): October 19, 2000 Maturity Date: May 3, 2004 Principal Amount (in Specified Currency): USD 100,000,000 Price to Public (Issue Price): 101.553% Agent's Discount or Commission: 0.30% Net Proceeds to Issuer: USD$104,636,333 (including accrued interest of $3,383,333) Interest Rate Per Annum: 7.25% Interest Payment Date(s): May 3rd and November 3rd of each year commencing November 3, 2000 (providing that the first interest period shall extend from and including May 1, 2000 to but excluding November 3, 2000) and ending on the Maturity Date). Form of Notes: X DTC registered ___ non-DTC registered CUSIP Number: 36962G UR3 ISIN Number: US36962G UR37 Common Code: 011120822 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 Notes) Page 2 Pricing Supplement No. 3577 Dated October 16, 2000 Rule 424(b)(3)-Registration Statement Numbers 333-87367 and 333-40880 Repayment, Redemption and Acceleration Initial Redemption Date: N/A Initial Redemption Percentage: N/A Optional Repayment Date: N/A Annual Redemption Percentage Reduction: N/A Modified Payment Upon Acceleration: N/A Reopening of Issue: The Notes are intended to be fully fungible with and will be consolidated and form a single issue for all purposes with the Company's issue of USD500,000,000 7.25% Notes due May 3, 2004, described in the Company's Pricing Supplement numbers 3529 and 3530 dated April 26, 2000 and the Company's issue of USD200,000,000 7.25% Notes due May 3, 2004, described in the Company's Pricing Supplement number 3576 dated October 16, 2000. 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 (Fixed Rate Notes) Page 3 Pricing Supplement No. 3577 Dated October 16, 2000 Rule 424(b)(3)-Registration Statement Numbers 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: J.P. Morgan Securities Inc. is acting as agent (the "Agent") in connection with the distribution of the Notes. The Agent will receive a selling commission equal to 0.30% of the principal amount of the Notes. The Company has agreed to indemnify the Agent against certain liabilities, including liabilities under the Securities Act of 1933, as amended.