-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, JzmbS3z6IBxxvk7e6idTpy0vzY6K0nlXtTT2t+ACXJ84Vcj5XEfMiHzJKM3Tt+9H r0/0iyG7LUvHepe9Pu4uTg== 0000040554-95-000189.txt : 19950609 0000040554-95-000189.hdr.sgml : 19950609 ACCESSION NUMBER: 0000040554-95-000189 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950608 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL ELECTRIC CAPITAL CORP CENTRAL INDEX KEY: 0000040554 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE LESSORS [6172] IRS NUMBER: 131500700 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 033-58506 FILM NUMBER: 95545847 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 MTN2378 PROSPECTUS Pricing Supplement No. 2378 Dated January 10, 1995 Dated June 6, 1995 PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement No. 33-55209 Dated January 25, 1995 GENERAL ELECTRIC CAPITAL CORPORATION GLOBAL MEDIUM-TERM NOTES, SERIES A (Floating Rate Notes) Trade Date: June 6, 1995 Settlement Date (Original Issue Date): June 9, 1995 Maturity Date: June 9, 1997 Principal Amount (in Specified Currency): US$25,000,000 Price to Public (Issue Price): The Notes will be sold at varying prices to be determined by the Underwriter at the time of each sale. See "Plan of Distribution" below. Agent's Discount or Commission: The Notes are being purchased by the Underwriter at 100.00% of their principal amount and will be sold at varying prices to be determined at the time of sale. See "Plan of Distribution" below. Net Proceeds to Issuer (in Specified Currency): US$25,000,000 Interest Rate: Interest Calculation: X Regular Floating Rate __ Inverse Floating Rate __ Other Floating Rate Interest Rate Basis: __ CD Rate __ Commercial Paper Rate __ Federal Funds Rate __ LIBOR X Prime Rate __ Treasury Rate __ Other (See "Additional Terms--Interest below). Spread (Plus or Minus): minus 2.75% Spread Multiplier: N/A Index Maturity: N/A Index Currency: N/A Maximum Interest Rate: N/A Minimum Interest Rate: N/A Interest Payment Period: Quarterly 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. 2378 Dated June 6, 1995 Rule 424(b)(3)-Registration Statement No. 33-55209 Interest Payment Dates: Each September 9, December 9, March 9 and June 9, commencing September 9, 1995 Initial Interest Rate Per Annum: To be determined one Business Day prior to the Original Issue Date based upon the Prime Rate minus the Spread. Interest Reset Periods and Dates: Daily, on each Business Day Interest Determination Dates: One Business Day prior to each Interest Reset Date Form of Notes: X DTC registered __ non-DTC registered 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 Indexed Notes: Currency Base Rate: N/A (Floating Rate Notes) Page 3 Pricing Supplement No. 2378 Dated June 6, 1995 Rule 424(b)(3)-Registration Statement No. 33-55209 Additional Terms: Interest. The interest rate applicable to each daily Interest Reset Period will equal the Prime Rate (as defined below) minus the Spread set forth on the cover page of this Pricing Supplement. Interest will be payable quarterly on each September 9, December 9, March 9 and June 9, commencing September 9, 1995 (each, an "Interest Payment Date"). Interest will reset each Business Day (each, an "Interest Reset Date") from the Original Issue Date up to but excluding the Maturity Date. The Interest Determination Date with respect to an Interest Reset Date will be one Business Day prior to each Interest Reset Date. Interest payments on the Notes will equal the amount of interest accrued from and including the next preceding Interest Payment Date in respect of which interest has been paid (or from and including the Original Issue Date, if no interest has been paid with respect to the Notes) to but excluding the related Interest Payment Date. "Prime Rate" means, with respect to any Interest Reset Date, the rate (expressed on the basis of the actual number of days in the year divided by 360) appearing on Telerate Page 125 (as defined below) as of 11:00 a.m., New York City time, on the related Interest determination Date under the heading "Bank Prime Rate History". If Telerate Page 125 is not available for such Interest Determination Date, then the Prime Rate for the related Interest Reset Date shall be the rate appearing in the Federal Reserve Statistical Release H.15(519) opposite the caption "Bank Prime Loan" for such Interest Determination Date. If Telerate Page 125 and the Federal Reserve Statistical Release H.15(519) are not available for any Interest Determination Date, the Prime Rate applicable to such Interest Reset Date shall be the arithmetic mean of the rates appearing on Telerate Page 38 (as defined below) as of 11:00 a.m., New York City time, on such Interest Determination Date under the heading "Prime Rates-Top 30 U.S. Banks". If Telerate Page 125, the Federal Reserve Statistical Release H.15(519) and Telerate Page 38 are unavailable for any Interest Determination Date with respect to an Interest Reset Date, then the Prime Rate will be based on the arithmetic mean of the prime rates or base lending rates (quoted on the basis of the actual number of days in the year divided by a 360 day year) quoted by three major money center banks in the (Floating Rate Notes) Page 4 Pricing Supplement No. 2378 Dated June 6, 1995 Rule 424(b)(3)-Registration Statement No. 33-55209 City of New York selected by the Calculation Agent; provided, however, that if fewer than three banks selected as aforesaid by the Calculation Agent are quoting as described in this sentence, the Prime Rate applicable to such Interest Reset Date shall be the Prime Rate in effect on such Interest Reset Date. "Telerate Page 125" and "Telerate Page 38" mean the display pages designated as "Page 125" and "Page 38", respectively, on the Dow Jones Telerate Service (or such other pages as may replace such pages on that service, or such other service as may be nominated as the information vendor for the purposes of displaying rates comparable to the Prime Rate). Plan of Distribution: The Notes are being purchased by Salomon Brothers Inc (hereinafter referred to as the "Underwriter") as principal at a purchase price of 100.00% of the aggregate principal amount of the Notes. The Notes will be sold to the public at varying prices to be determined by the Underwriter at the time of each sale. The net proceeds to the Corporation will be 100% of the principal amount of the Notes. The Company has agreed to indemnify the Underwriter against certain liabilities, including liabilities under the Securities Act of 1933, as amended. -----END PRIVACY-ENHANCED MESSAGE-----