calculation of registration fee
Title of Each Class of Securities Offered |
Maximum Aggregate Offering Price |
Amount of Registration Fee |
Senior Unsecured Notes |
$455,000,000.00 |
$48,685.00 |
PROSPECTUS |
Pricing Supplement Number: 4469 |
Dated March 29, 2006 |
Filed Pursuant to Rule 424(b)(3) |
PROSPECTUS SUPPLEMENT |
Dated October 26, 2006 |
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/Pricing Effective Time: |
October 26, 2006 |
Settlement Date (Original Issue Date): |
October 31, 2006 |
Maturity Date: |
September 15, 2014 |
Principal Amount: |
US$455,000,000.00 (plus accrued interest from and including September 15, 2006 to but excluding October 31, 2006) |
Price to Public (Issue Price): |
100.708% |
Agents Commission: |
0.370% |
All-in Price: |
100.338% |
Accrued Interest: |
$3,284,847.22 |
Net Proceeds to Issuer: |
US$459,822,747.22 |
Interest Rate Basis (Benchmark): |
LIBOR, as determined by LIBOR Telerate |
Index Currency: Coupon: |
U.S. Dollars Plus 0.26% |
Re-Offer Spread (plus or minus): |
Plus 0.15% |
Index Maturity: |
Three Months |
Index Payment Period: |
Quarterly |
Page 2 |
Filed Pursuant to Rule 424(b)(3) |
Dated October 26, 2006 |
Registration Statement No. 333-132807 |
Interest Payment Dates: |
Quarterly on each December 15, March 15, June 15 and September 15 of each year, commencing December 15, 2006 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: |
36962GK94 |
ISIN: |
US36962GK948 |
Common Code: |
020149493 |
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.
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 Company's issues of US$750,000,000, US$250,000,000, US$100,000,000, US$70,000,000, US$100,000,000, US$50,000,000 and US$250,000,000 Floating Rate Notes due September 15, 2014 as described in the Company's pricing supplements number 4063 dated September 14, 2004 as amended on September 16, 2004, number 4074 dated September 24, 2004, number 4131 dated January 31, 2005, number 4136 dated February 2, 2005, number 4203 dated June 21, 2005, number 4204 dated June 23, 2005 and number 4349 dated May 3, 2006, respectively.
Page 3 |
Filed Pursuant to Rule 424(b)(3) |
Dated October 26, 2006 |
Registration Statement No. 333-132807 |
Plan of Distribution:
The Notes are being purchased by Morgan Stanley & Co., Incorporated (the "Underwriter"), as principal, at 100.708% of the aggregate principal amount less an underwriting discount equal to 0.37% 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:
At June 30, 2006, the Company had outstanding indebtedness totaling $382.374 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 June 30, 2006, excluding subordinated notes payable after one year, was equal to $379.581 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 , |
Six Months ended June 30, |
||||||||
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
||||
1.56 |
1.62 |
1.71 |
1.82 |
1.66 |
1.62 |
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.