Calculation of Registration Fee
|
Title of Each Class of Securities Offered |
Maximum Aggregate Offering Price |
Amount of Registration Fee |
|
Senior Unsecured Notes |
$50,000,000.00 |
$1,535.00 |
|
PROSPECTUS |
Pricing Supplement Number: 4604 |
|
Dated March 29, 2006 |
Filed Pursuant to Rule 424(b)(3) |
|
PROSPECTUS SUPPLEMENT |
Dated April 26, 2007 |
|
Dated March 29, 2006 |
Registration Statement: No. 333-132807 |
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Senior Unsecured Floating Rate Notes)
|
Issuer: |
General Electric Capital Corporation |
|
Ratings: |
Aaa/AAA |
|
Trade Date: |
April 26, 2007 |
|
Settlement Date (Original Issue Date): |
May 3, 2007 |
|
Maturity Date: |
June 20, 2014 |
|
Principal Amount: |
US$ 50,000,000 (plus accrued interest from and including April 10, 2007 to but excluding May 3, 2007) |
|
Price to Public (Issue Price): |
100% |
|
Agents Commission: |
0.20% |
|
All-in Price: |
99.80% |
|
Accrued Interest: |
US$ 174,416.67 |
|
Net Proceeds to Issuer: |
US$ 50,074,416.67 |
|
Interest Rate Basis (Benchmark): |
LIBOR, as determined by LIBOR Telerate |
|
Index Currency: Coupon: |
U.S. Dollars Plus 0.14% |
|
Re-Offer Spread (plus or minus): |
Plus 0.13931% |
|
Index Maturity: |
Three Months |
|
Index Payment Period: |
Quarterly |
|
Page 2 |
|
Filed Pursuant to Rule 424(b)(3) |
|
Dated April 26, 2007 |
|
Registration Statement: No. 333-132807 |
|
Interest Payment Dates: |
Quarterly on each March 20, June 20, September 20 and December 20 of each year, commencing June 20, 2007 (short 1st coupon) 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: |
Quarterly, two London Business Days prior to each Interest Reset Date |
|
Day Count Convention: |
Actual/360 |
|
Denominations:
|
Minimum of $1,000 with increments of $1,000 thereafter. |
|
Call Dates (if any): |
N/A |
|
Call Notice Period: |
N/A |
|
Put Dates (if any): |
N/A |
|
Put Notice Period: |
N/A |
|
CUSIP: |
36962G2Q6 |
Investing in the Notes involves risks. See "Risks of Foreign Currency Notes and Indexed Notes" on page 2 of the accompanying prospectus supplement and "Risk Factors" on page 2 of the accompanying prospectus
Plan of Distribution:
The Notes are being purchased by Goldman, Sachs & Co. (the "Underwriter"), as principal, at 100% of the aggregate principal amount less an underwriting discount equal to 0.20% 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.
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$50,000,000 principal amount of Floating Rate Notes due June 20, 2014 as described in the Issuers pricing supplement number 4582 dated April 4, 2007.
|
Page 3 |
|
Filed Pursuant to Rule 424(b)(3) |
|
Dated April 26, 2007 |
|
Registration Statement: No. 333-132807 |
At December 31, 2006, the Company had outstanding indebtedness totaling $425.713 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 December 31, 2006, excluding subordinated notes payable after one year, was equal to $420.811 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 ,
|
||||||||
|
2002 |
2003 |
2004 |
2005 |
2006 |
||||
|
1.43 |
1.77 |
1.87 |
1.70 |
1.64 |
||||
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.