CALCULATION OF REGISTRATION FEE
|
Title of Each Class of Securities Offered |
Maximum Aggregate Offering Price |
Amount of Registration Fee |
|
Senior Unsecured Notes |
$250,000,000 |
$9,825.00 |
|
PROSPECTUS Dated March 29, 2006 |
Pricing Supplement Number: 4736 |
|
PROSPECTUS SUPPLEMENT Dated March 29, 2006 |
Dated February 4, 2008 Registration Statement: No. 333-132807 |
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Senior Unsecured Fixed Rate Notes)
|
Issuer: |
General Electric Capital Corporation |
|
Ratings: |
Aaa/AAA |
|
Trade Date: |
February 4, 2008 |
|
Settlement Date (Original Issue Date): |
February 7, 2008 |
|
Maturity Date: |
March 4, 2015 |
|
Principal Amount: |
US $250,000,000 |
|
Price to Public (Issue Price):
|
100.281% (plus accrued interest from and including September 4, 2007 to but excluding February 7, 2008) |
|
Agents Commission: |
0.20% |
|
All-in Price: |
100.081% |
|
Accrued Interest: |
US$5,179,687.50 |
|
Net Proceeds to Issuer: |
US $255,382,187.50 (including accrued interest) |
|
Treasury Benchmark: |
4.250% due November 15, 2017 |
|
Spread to Treasury Benchmark: |
Plus 1.175% |
|
Interest Rate Per Annum: |
4.875% |
|
Interest Payment Dates: |
Semi-annually on the 4th of each March and September, commencing March 4, 2008 and ending on the Maturity date. |
|
Page 2 |
|
Filed Pursuant to Rule 424(b)(3) |
|
Dated February 4, 2008 |
|
Registration Statement: No. 333-132807 |
|
Day Count Convention: |
30/360 |
|
Denominations: |
Minimum of $1,000 with increments of $1,000 thereafter. |
|
Call Notice Period: |
None |
|
Put Dates (if any): |
None |
|
Put Notice Period: |
None |
|
Clearance and Settlement:
|
DTC global (including through its indirect participants Euroclear and Clearstream, Luxembourg as described under "Global Clearance and Settlement Procedures" in the accompanying Prospectus Supplement) |
|
CUSIP: |
36962GP65 |
|
ISIN: |
US36962GP657 |
|
Common Code: |
021448559 |
Investing in the Notes involves risks. See "Risk of Foreign Currency Notes and Indexed Notes" on page 2 of the accompanying prospectus supplement and "Risk Factors" on page 2 of the accompanying prospectus.
Plan of Distribution:
The Notes are being purchased by Credit Suisse Securities, Inc. (the "Underwriter"), as principal, at 100.281% of the aggregate principal amount less an underwriting discount equal to 0.20% of the principal amount of the Notes.
The Company has agreed to indemnify the Underwriter against certain liabilities, including liabilities under the Securities Act of 1933, as amended.
|
Page 3 |
|
Filed Pursuant to Rule 424(b)(3) |
|
Dated February 4, 2008 |
|
Registration Statement: No. 333- 132807 |
Additional Information:
Reopening of Issue
The Notes are intended to be fully fungible and be consolidated and form a single issue for all purposes with the Issuers issue of US$ 1,000,000,000 principal amount of Fixed Rate Notes due March 4, 2015 as described in the Issuers pricing supplement number 4154 dated March 1, 2005.
General
At September 30, 2007, the Company had outstanding indebtedness totaling $480.041 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, 2007, excluding subordinated notes payable after one year, was equal to $471.656 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 |
||||
|
2002 |
2003 |
2004 |
2005 |
2006 |
September 30, 2007 |
|
1.43 |
1.77 |
1.87 |
1.70 |
1.64 |
1.56 |
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.