PROSPECTUS |
Pricing Supplement No. 3658 & 3659 |
Dated August 31, 2001 |
Dated September 20, 2001 |
PROSPECTUS SUPPLEMENT |
Rule 424(b)(3)-Registration Statement |
Dated September 5, 2001 |
Nos. 333-40880 and 333-66560 |
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Floating Rate Notes)
Trade Date: September 20, 2001
Settlement Date (Original Issue Date): September 24, 2001
Maturity Date: March 24, 2003
Principal Amount (in Specified Currency): TrancheA: USD 1,000,000,000
Tranche B: USD 1,000,000,000
Price to Public (Issue Price): 100.00%
Agent's Discount or Commission: 0.030%
Net Proceeds to Issuer (in Specified Currency): Tranche A: USD 999,700,000
Tranche B: USD 999,700,000
Interest Rate:
Interest Calculation:
n Regular Floating Rate
o Inverse Floating Rate
o Other Floating Rate
Interest Rate Basis: o CD Rate o Commercial Paper Rate
o Federal Funds Rate (See "Additional Terms - Interest" below)
n LIBOR o Prime Rate o Treasury Rate
o Other (See "Additional Terms - Interest" below)
Spread (Plus or Minus): One Month USD LIBOR flat
Spread Multiplier: N/A
Index Maturity: One Month
Index Currency: U.S. Dollars
Maximum Interest Rate: N/A
Minimum Interest Rate: 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.
(Floating Rate Notes) |
Page 2 |
Pricing Supplement No. 3658 and 3659 |
Dated September 20, 2001 |
Rule 424(b)(3)-Registration Statement |
Nos.333-40880 and 333-66560 |
Interest Payment Period: Monthly
Interest Payment Dates: On the 24th day of each month, commencing October 24, 2001.
Initial Interest Rate: To be determined one London Business Day prior to the Original Issue Date based on the one month USD LIBOR flat.
Interest Reset Periods and Dates: Monthly on each Interest Payment Date.
Interest Determination Dates: Monthly, two London Business Days prior to
each Interest Reset Date.
Form of Notes:
n DTC registered o non-DTC registered
CUSIP No: 36962GWS9
ISIN No. US36962GWS91
Common Code: 013636664
Repayment, Redemption and Acceleration:
Optional Repayment Date: N/A
Annual redemption Percentage Reduction: N/A
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Original Issue Discount
Amount of OID: N/A
Interest Accrual Date: N/A
Yield to Maturity: 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
(Floating Rate Notes) |
Page 3 |
Pricing Supplement No. 3658 & 3659 |
Dated September 20, 2001 |
Rule 424(b)(3)-Registration Statement |
Nos. 333-40880 and 333-66560 |
|
Indexed Notes:
Currency Base Rate: N/A
Additional Information:
General.
At June 30, 2001, the Company had outstanding indebtedness totaling $197.988 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 June 30, 2001 excluding subordinated notes payable after one year was equal to $197.290 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:
Year Ended December 31, |
Six Months Ended June 30, 2001 |
||||
1996 |
1997 |
1998 |
1999 |
2000 |
|
1.53 |
1.48 |
1.50 |
1.60 |
1.52 |
1.60 |
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:
Lehman Brothers Inc. is acting as Agent in connection with the distribution of the Notes. The Agent will receive a selling commission equal to 0.030% of the principal amount of the Notes