Filed Pursuant to Rule 433 | ||
Dated December 20, 2005 | ||
Registration Statement | ||
No. 333-123085 |
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(20-Year Global Fixed Rate Notes)
Issuer: |
General Electric Capital Corporation
|
||
Ratings: |
Aaa/AAA
|
||
Trade Date/Pricing Effective Time: |
December 20, 2005
|
||
Settlement Date (Original Issue Date): |
January 5, 2006
|
||
Maturity Date: |
January 5, 2026
|
||
Principal Amount: |
US$ 500,000,000
|
||
Price to Public (Issue Price): |
99.844%
|
||
Agents Commission: |
.600%
|
||
All-in Price: |
99.244
|
||
Accrued Interest: |
None
|
||
Re-Offer Yield: |
5.563%
|
||
Net Proceeds to Issuer: |
US$ 496,220,000
|
||
Interest Rate Per Annum: |
5.550%
|
||
Interest Payment Dates: |
Semiannually on the 5th of each January and July, commencing July 5th,
2006 |
||
Day Count Convention: |
30/360
|
||
Denominations: |
Minimum of $1,000 with increments of $1,000 thereafter.
|
||
Call Dates (if any): |
None
|
||
Put Dates (if any): |
None
|
||
Plan of Distribution: |
The Notes are being purchased by the following financial institution (the
|
||
"Underwriter"), as principal, at 99.844% of the aggregate principal amount less
|
|||
an underwriting discount equal to .600% of the principal amount of the Notes.
|
Institution | Commitment | |
Sole Manager: | ||
|
|
|
Citigroup Global Markets Inc. | $500,000,000 | |
|
|
|
Total | $500,000,000 | |
|
|
The Notes are being purchased by Citigroup Capital Markets Inc. (the | ||
"Underwriter"), as principal, at the Issue Price of 99.844% of the aggregate | ||
principal amount. The Underwriter has advised the Company that the | ||
Underwriter proposes to offer the Notes for sale at the Re-offer Price referenced | ||
above. | ||
The Company has agreed to indemnify the Underwriter against certain | ||
liabilities, including liabilities under the Securities Act of 1933, as | ||
amended. | ||
CUSIP:
|
36962GT95 |
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:
Year Ended | December 31, | Nine Months Ended | ||||||||
2000 | 2001 | 2002 | 2003 | 2004 | September 30, 2005 | |||||
(Restated) | (Restated) | (Restated) | (Restated) | |||||||
1.52 | 1.73 | 1.66 | 1.86 | 1.89 | 1.82 |
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
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.