-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LtqthjAJ9gw0ygKWLoZkCAcRvpyf2teB2V0R2h1TssuBiCSrfhKcKQUiHFu3ljMs mDfJGcH4I7IZk5AgjBT7jg== 0000040554-06-000153.txt : 20060728 0000040554-06-000153.hdr.sgml : 20060728 20060728125549 ACCESSION NUMBER: 0000040554-06-000153 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060728 DATE AS OF CHANGE: 20060728 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL ELECTRIC CAPITAL CORP CENTRAL INDEX KEY: 0000040554 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 131500700 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-132807 FILM NUMBER: 06986922 BUSINESS ADDRESS: STREET 1: 260 LONG RIDGE RD CITY: STAMFORD STATE: CT ZIP: 06927 BUSINESS PHONE: 2033574000 MAIL ADDRESS: STREET 1: 260 LONG RIDGE ROAD CITY: STAMFORD STATE: CT ZIP: 06927 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL ELECTRIC CREDIT CORP DATE OF NAME CHANGE: 19871216 424B3 1 mtn4402ps.htm Dated December , 2005

PROSPECTUS

Pricing Supplement No.: 4402

March 29, 2006

Dated July 26, 2006

PROSPECTUS SUPPLEMENT

Filed Pursuant to Rule 424 (b)(3)

March 29, 2006

Registration Statement No. 333-132807

GENERAL ELECTRIC CAPITAL CORPORATION

GLOBAL MEDIUM-TERM NOTES, SERIES A

(Floating Rate Notes)

Issuer:

General Electric Capital Corporation

Ratings:

Aaa/AAA

Trade Date:

July 26, 2006

Settlement Date (Original Issue Date):

August 2, 2006

Maturity Date:

January 20, 2010

Principal Amount:

US$500,000,000

Price to Public (Issue Price):

100.0968% (Plus accrued interest from and including April 20, 2006 to but excluding August 2, 2006)

Agents Commission:

0.175%

All-in Price:

99.9218%

Accrued Interest:

US$1,005,694.44

Net Proceeds to Issuer:

US$500,614,694.44 (which includes accrued interest)

Interest Rate Basis

(Benchmark):

LIBOR, as determined by LIBOR Telerate

Index Currency:

U.S. Dollars

Spread (plus or minus):

LIBOR plus 0.07%

Re-Offer Spread (plus or minus):

Plus 0.04%

Index Maturity:

Three Months

Index Payment Period:

Quarterly

Interest Payment Dates:

Quarterly on each January 20, April 20, July 20 and October 20 of each year, commencing October 20, 2006 and ending on the Maturity Date

Initial Interest Rate:

To be determined two London Business days prior to the Original Issue Date

Interest Reset Periods and Dates:

Quarterly, on each Interest Payment Date

Interest Determination Dates:

Day Count Convention:

Denominations:

Quarterly, two London Business Days prior to each Interest Reset Date.

Actual/360

Minimum of $1,000 with increments of $1,000 thereafter.

CUSIP:

36962GU85

ISIN:

US36962GU855

Common Code:

024148106

Page 2

Dated January 12, 2006

Filed Pursuant to Rule 424(b)(3)

Registration Statement No. 333-132807

Additional Information:

Reopening of Issue

The Notes are intended to be fully fungible and be consolidated and form a single issue for all purposes with the Issuers issue of US$500,000,000 principal amount of Floating Rate Notes due January 20, 2010 as described in the Issuers pricing supplement number 4289 dated January 12, 2006.

Plan of Distribution:

The Notes are being purchased by Citigroup Capital Markets Inc. (the Underwriter"), as principal, at the Issue Price of 100.00% of the aggregate principal amount. The Underwriter has advised the Company that the Underwriter proposes to offer the Notes for sale at the Re-offer Spread referenced above.

The Company has agreed to indemnify the Underwriter against certain liabilities, including liabilities under the Securities Act of 1933, as amended.

At June 30, 2006, the Company had outstanding indebtedness totaling $382.374 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, 2006, excluding subordinated notes payable after one year, was equal to $379.581 billion.

Consolidated Ratio of Earnings 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

2001

2002

2003

2004

2005

June 30, 2006

           

1.56

1.62

1.71

1.82

1.66

1.62

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.

CAPITALIZED TERMS USED HEREIN WHICH ARE DEFINED IN THE PROSPECTUS SUPPLEMENT SHALL HAVE THE MEANINGS ASSIGNED TO THEM IN THE PROSPECTUS SUPPLEMENT

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