-----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, DzLa7kHpZPNcg0RazuP4Wo9yMPAQsSNS58b9R/tqQJaqVD23iFgHCIgHqTYp2UGw dQMR0PMOqFsJG8aI+W/v8g== 0000040554-99-000098.txt : 19990910 0000040554-99-000098.hdr.sgml : 19990910 ACCESSION NUMBER: 0000040554-99-000098 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990909 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: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-59707 FILM NUMBER: 99708146 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 PROSPECTUS Amended Pricing Supplement No. 3444 Dated April 28, 1999 Dated August 31, 1999 (Revised September 8, 1999) PROSPECTUS SUPPLEMENT Rule 424(b)(3)-Registration Statement Dated May 3, 1999 No.'s 333-59707 and 333-76479 GENERAL ELECTRIC CAPITAL CORPORATION GLOBAL MEDIUM-TERM NOTES, SERIES A (Redeemable Fixed Rate Notes) Trade Date: August 31, 1999 Settlement Date (Original Issue Date): September 22, 1999 Maturity Date: September 22, 2009 (subject to earlier redemption, as set forth under "Additional Terms- Optimal Redemption") Principal Amount (in Specified Currency): US$200,000,000 Price to Public (Issue Price):100.00% Agent's Discount or Commission: 1.250% Net Proceeds to Issuer: US$197,500,000 Interest Rate Per Annum: 7.50% Interest Payment Date(s): X Semi-Annually on March 22nd and September 22nd of each year, commencing March 22, 2000. (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 Repayment, Redemption and Acceleration Initial Redemption Date: September 22, 2000 (See "Additional Terms-Optional Redemption" below) Initial Redemption Percentage: 100% Optional Repayment Date: Not applicable ("N/A") Annual Redemption Percentage Reduction: N/A Modified Payment Upon Acceleration: 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. (Fixed Rate Notes) Page 2 Amended Pricing Supplement No. 3444 Dated August 31, 1999 (Revised September 8, 1999) Rule 424(b)(3)-Registration Statement No.'s 333-59707 and 333-76479 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 based on the number of days in such Period divided by 360 (the number of days in such Interest Period to be calculated 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. Optional Redemption. The Company may at its option elect to redeem the Notes in whole or in part on September 22, 2000 or on any Interest Payment Date thereafter (each such date, an "Optional Redemption Date") at 100% of their principal amount plus accrued interest to but excluding the date of redemption (the "Redemption Date"). In the event the Company elects to redeem the Notes, notice will be given to registered holders at least 30 days prior to the Redemption Date. (Fixed Rate Notes) Page 3 Amended Pricing Supplement No. 3444 Dated August 31, 1999 (Revised September 8, 1999) Rule 424(b)(3)-Registration Statement No.'s 333-59707 and 333-76479 Additional Information: General. At June 26, 1999, the Company had outstanding indebtedness totalling $172.790 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 26, 1999 excluding subordinated notes payable after one year was equal to $172.093 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 1994 1995 1996 1997 1998 June 26, 1999 1.63 1.51 1.53 1.48 1.50 1.58 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: The Notes are being purchased by Salomon Smith Barney Inc. (the "Underwriter"), as principal, at the Issue Price of 100.00% of the aggregate principal amount less an underwriting discount equal to 1.250% 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-----