PROSPECTUS |
Pricing Supplement No. 4243 |
Dated May 17, 2005 |
Dated October 24, 2005 |
PROSPECTUS SUPPLEMENT |
Rule 424(b)(3)-Registration Statement |
Dated August 24, 2005 |
No. 333-123085 |
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Fixed Rate Notes)
Trade Date: |
October 24, 2005 |
Settlement Date (Original Issue Date): |
October 27, 2005 |
Maturity Date: |
September 15, 2009 |
Principal Amount (in Specified Currency) |
U.S.$ 100,000,000 |
Price to Public (Issue Price): |
99.56% (plus accrued interest from and including September 15, 2005 to but excluding October 27, 2005) |
Agent's Discount or Commission: |
0.200% |
Net Proceeds to Issuer (in Specified Currency): |
U.S.$ 99,360,000 (plus accrued interest from and including September 15, 2005 to but excluding October 27, 2005) |
Interest Rate Per annum:
|
4.625% |
Interest Payment Dates: |
Semi-annually on each March 15 and September 15 of each year, commencing March 15, 2006 and ending on the Maturity Date. |
Clearance and Settlement:
X |
DTC Only. |
|
___ |
DTC global (including through its indirect participants Euroclear and Clearstream, Luxembourg as described under "Global Clearance and Settlement Procedures" in the accompanying Prospectus Supplement). |
|
___ |
DTC and Euroclear/Clearstream, Luxembourg (as described under "Description of Notes - General - Special Provisions Relating to Certain Foreign Currency Notes" in the accompanying Prospectus Supplement). |
|
___ |
Euroclear and Clearstream, Luxembourg only. |
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.
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(Fixed Rate) |
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Pricing Supplement No. 4243 |
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Dated October 24, 2005 |
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Rule 424(b)(3)-Registration Statement |
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No.333-123085 |
CUSIP No.: 36962GZH0
ISIN No.: US36962GZH00
Common Code: 015532874
Repayment, Redemption and Acceleration
Optional Repayment Date(s): N/A
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration: N/A
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
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(Fixed Rate) |
Page 3 |
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Pricing Supplement No. 4243 |
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Dated October 24, 2005 |
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Rule 424(b)(3)-Registration Statement |
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No. 333-123085 |
Reopening of Issue:
The Notes are intended to be fully-fungible and will form a single series with the Companys U.S.$ 1,250,000,000 principal amount of 4.625% Notes Due April 15, 2009 issued on September 24, 2002 under the Companys Pricing Supplement No. 3783 dated September 18, 2002.
Listing:
___ Listed on the Official List of the UK Listing Authority and an application has been made for the Notes to be admitted to trading on the London Stock Exchanges Gilt Edged and Fixed Interest Market
_X_ Not listed on the Official List of the UK Listing Authority
Additional Information:
General.
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, |
Nine Months Ended September 30, 2005 |
||||
2000 |
2001 |
2002 |
2003 |
2004 |
|
(Restated) |
(Restated) |
(Restated) |
(Restated) |
||
1.52 |
1.73 |
1.66 |
1.86 |
1.89 |
1.82 |
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(Fixed Rate) |
Page 4 |
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Pricing Supplement No. 4243 |
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Dated October 24, 2005 |
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Rule 424(b)(3)-Registration Statement |
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No. 333-123085 |
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 Banc of America Securities LLC (the "Underwriter"), as principal, at 99.56% of the aggregate principal amount less an underwriting discount equal to 0.200% 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.