calculation of registration fee
|
Title of Each Class of Securities Offered |
Maximum Aggregate Offering Price |
Amount of Registration Fee |
|
Senior Unsecured Notes |
$750,000,000.00 |
$23,025.00 |
|
PROSPECTUS |
Pricing Supplement Number: 4626 |
|
Dated March 29, 2006 |
Filed Pursuant to Rule 424(b)(3) |
|
PROSPECTUS SUPPLEMENT |
Dated May 30, 2007 |
|
Dated March 29, 2006 |
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: |
May 30, 2007 |
|
Settlement Date (Original Issue Date): |
June 4, 2007 |
|
Maturity Date: |
June 4, 2014 |
|
Principal Amount: |
US $750,000,000 |
|
Price to Public (Issue Price): |
99.856% |
|
Agents Commission: |
0.200% |
|
All-in Price: |
99.656% |
|
Accrued Interest: |
N/A |
|
Net Proceeds to Issuer: |
US $747,420,000 |
|
Treasury Benchmark: |
4.750% due May 15, 2014 |
|
Treasury Yield: |
4.850% |
|
Spread to Treasury Benchmark: |
Plus 67.5 basis points |
|
Reoffer Yield: |
5.525% |
|
Interest Rate per Annum: |
5.500% |
|
Interest Payment Dates: |
Semi-Annually on June 4 and December 4 of each year, commencing December 4, 2007 and ending on the Maturity Date |
|
Page 2 |
|
Filed Pursuant to Rule 424(b)(3) |
|
Dated May 30, 2007 |
|
Registration Statement: No. 333-132807 |
|
Day Count Convention: |
30/360 |
|
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: |
36962G2Z6 |
|
ISIN: |
US36962G2Z61 |
|
Common Code: |
TBD |
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 the underwriters listed below (collectively, the "Underwriters"), as principal, at 99.856% of the aggregate principal amount of the Notes. Each of the Underwriters will receive a fee of 0.05% of the principal amount of the Notes, regardless of the commitment specified below.
Institution Commitment
Lead Managers:
Banc of America Securities LLC $ 329,000,000
Blaylock & Company, Inc. $ 7,000,000
Lehman Brothers Inc. $ 329,000,000
The Williams Capital Group, L.P. $ 85,000,000
Total $ 750,000,000
The Issuer has agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended.
|
Page 3 |
|
Filed Pursuant to Rule 424(b)(3) |
|
Dated May 30, 2007 |
|
Registration Statement: No. 333-132807 |
Additional Information
General
At March 31, 2007, the Company had outstanding indebtedness totaling $443.274 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 March 31, 2007, excluding subordinated notes payable after one year, was equal to $438.374 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 , |
Three Months Ended |
||||
|
2002 |
2003 |
2004 |
2005 |
2006 |
March 31, 2007 |
|
1.43 |
1.77 |
1.87 |
1.70 |
1.64 |
1.48 |
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.