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PROSPECTUS |
Dated December 29, 2005 |
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Dated May 17, 2005 |
Filed Pursuant to Rule 433 |
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PROSPECTUS SUPPLEMENT |
Registration Statement No. 333-123085 |
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Dated August 24, 2005 |
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Amortizing Fixed Rate Notes)
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Issuer: |
General Electric Capital Corporation |
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Ratings: |
Aaa/AAA |
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Trade Date/Pricing Effective Time: |
December 29, 2005, 9:00 AM Eastern Standard Time |
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Settlement Date (Original Issue Date): |
January 6, 2006 |
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Maturity Date: |
January 1, 2024 |
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Principal Amount: |
US$229,644,000 |
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Price to Public (Issue Price): |
99.783% |
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Agents Commission: |
0.2500% |
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All-in Price: |
99.533% |
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Accrued Interest: |
None |
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Re-Offer Yield: |
5.142% |
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Net Proceeds to Issuer: |
US$ 228,571,562.52 |
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Interest Rate Per Annum: |
5.012% |
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Interest Payment Dates: |
Annually, provided however that the first interest payment date shall be March 28, 2006, and thereafter interest shall be payable on January 1 of each year and ending on the Maturity Date |
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Day Count Convention: |
30/360 |
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Denominations: |
Minimum of $1,000 with increments of $1,000 thereafter |
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Call Dates (if any): |
None |
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Call Notice Period: |
None |
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Page 2 |
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Dated December 29, 2005 |
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Filed Pursuant to Rule 433 |
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Registration Statement No. 333-123085 |
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Put Notice Period: |
None |
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CUSIP: |
36962GU44 |
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ISIN: |
None |
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Common Code: |
None |
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Other: Amortization Schedule
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Period Start Date |
Period End Date |
Principal Outstanding |
Principal Redemption |
Interest Payment |
Total Bond Cash Flows |
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6-Jan-06 |
229,644,000 |
||||
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6-Jan-06 |
28-Mar-06 |
187,265,667 |
42,378,333 |
2,621,667 |
45,000,000 |
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28-Mar-06 |
1-Jan-07 |
149,383,198 |
37,882,469 |
7,117,531 |
45,000,000 |
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1-Jan-07 |
1-Jan-08 |
111,870,284 |
37,512,914 |
7,487,086 |
45,000,000 |
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1-Jan-08 |
1-Jan-09 |
80,173,606 |
31,696,678 |
5,606,939 |
37,303,617 |
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1-Jan-09 |
1-Jan-10 |
75,191,907 |
4,981,699 |
4,018,301 |
9,000,000 |
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1-Jan-10 |
1-Jan-11 |
69,960,525 |
5,321,382 |
3,768,618 |
9,000,000 |
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1-Jan-11 |
1-Jan-12 |
64,466,947 |
5,493,578 |
3,506,422 |
9,000,000 |
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1-Jan-12 |
1-Jan-13 |
58,698,030 |
5,768,917 |
3,231,083 |
9,000,000 |
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1-Jan-13 |
1-Jan-14 |
52,639,975 |
6,058,055 |
2,941,945 |
9,000,000 |
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1-Jan-14 |
1-Jan-15 |
46,278,291 |
6,361,684 |
2,638,316 |
9,000,000 |
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1-Jan-15 |
1-Jan-16 |
39,597,759 |
6,680,532 |
2,319,468 |
9,000,000 |
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1-Jan-16 |
1-Jan-17 |
32,582,399 |
7,015,360 |
1,984,640 |
9,000,000 |
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1-Jan-17 |
1-Jan-18 |
15,238,405 |
17,343,994 |
1,633,030 |
18,977,027 |
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1-Jan-18 |
1-Jan-19 |
12,998,993 |
2,239,411 |
763,749 |
3,003,160 |
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1-Jan-19 |
1-Jan-20 |
10,647,343 |
2,351,651 |
651,510 |
3,003,160 |
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1-Jan-20 |
1-Jan-21 |
8,177,827 |
2,469,515 |
533,645 |
3,003,160 |
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1-Jan-21 |
1-Jan-22 |
5,584,540 |
2,593,287 |
409,873 |
3,003,160 |
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1-Jan-22 |
1-Jan-23 |
2,861,271 |
2,723,263 |
279,897 |
3,003,160 |
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1-Jan-23 |
1-Jan-24 |
0 |
2,861,277 |
143,407 |
3,004,684 |
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Page 3 |
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Dated December 29, 2005 |
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Filed Pursuant to Rule 433 |
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Registration Statement No. 333-123085 |
Plan of Distribution:
The Notes are being purchased by the following financial institution (the "Underwriter"), as principal, at 99.783% of the aggregate principal amount less an underwriting discount equal to 0.250% of the principal amount of the Notes. The Underwriter has advised the Company that the Underwriter proposes to offer the Notes for sale at the Re-offer Price referenced above.
Sole Manager:
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Institution |
Commitment |
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Deutsche Bank Securities |
$ 229,644,000 |
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Total |
$ 229,644,000 |
The Company has agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended.
Additional Information:
General
At September 30, 2005, the Company had outstanding indebtedness totaling $344.022 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 September 30, 2005, excluding subordinated notes payable after one year, was equal to $341.143 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:
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Year Ended December 31 , |
Nine Months Ended |
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2000 |
2001 |
2002 |
2003 |
2004 |
September 30, 2005 |
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(Restated) |
(Restated) |
(Restated) |
(Restated) |
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1.52 |
1.73 |
1.66 |
1.86 |
1.89 |
1.82 |
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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.
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Page 4 |
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Dated December 29, 2005 |
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Filed Pursuant to Rule 433 |
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Registration Statement No. 333-123085 |
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
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov
. Alternatively, the issuer, the underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling the underwriter collect at 1-212-723-6104 or Investor Communications of the issuer at 1-203-357-3950.