CALCULATION OF REGISTRATION FEE

Title of Each Class of Securities
Offered
Maximum Aggregate
Offering Price
Amount of
Registration Fee
Senior Notes $2,000,000,000 $232,400.00

 

PROSPECTUS
Dated November 21, 2014
Pricing Supplement Number: 6683
Filed Pursuant to Rule 424(b)(2)
PROSPECTUS SUPPLEMENT
Dated November 21, 2014
Dated January 6, 2015
Registration Statement: No. 333-200440

 

GENERAL ELECTRIC CAPITAL CORPORATION

 

GLOBAL MEDIUM-TERM NOTES, SERIES A

 

Investing in these notes involves risks. See “Risk Factors” in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission and in the Prospectus and Prospectus Supplement pursuant to which these notes are issued.

 

Issuer: General Electric Capital Corporation
   
Ranking: Senior
   
Trade Date: January 6, 2015
   
Settlement Date (Original Issue Date): January 9, 2015
   
Maturity Date: January 9, 2020
   
Principal Amount: US $2,000,000,000
   
Price to Public (Issue Price): 99.939%
   
Agents Commission: 0.325%
   
All-in Price: 99.614%
   
Net Proceeds to Issuer: US $1,992,280,000
   
Treasury Benchmark: 1.625% due December 31, 2019
   
Treasury Yield: 1.463%
   
Spread to Treasury Benchmark: Plus 0.750%
   
Reoffer Yield: 2.213%
   
Interest Rate Per Annum: 2.200%
   
Interest Payment Dates: Semi-annually on the 9th day of each January and July, commencing July 9, 2015 and ending on the Maturity Date
 
    Page 2
    Filed Pursuant to Rule 424(b)(2)
    Dated January 6, 2015
    Registration Statement No. 333-200440
     
Call Dates: The notes will not be subject to redemption at General Electric Capital Corporation’s option at any time prior to December 9, 2019. The notes may be redeemed in whole or in part on December 9, 2019 at General Electric Capital Corporation’s option at a redemption price equal to 100.00% of the principal amount of the notes plus accrued interest thereon to but excluding the date of redemption
   
Call Notice Period: At least 30 calendar days but not more than 60 calendar days
   
Put Dates (if any): None
   
Day Count Convention: 30/360, Following Unadjusted
   
Business Day Convention: New York
   
Denominations: Minimum of $1,000 with increments of $1,000 thereafter
   
CUSIP: 36962G7M0
   
ISIN: US36962G7M04

 

Plan of Distribution:

 

The Notes are being purchased by the underwriter listed below (the “Underwriter”), as principal, at 99.939% of the aggregate principal amount less an underwriting discount equal to 0.325% of the principal amount of the Notes.

 

Institution  Commitment 
Lead Managers:     
      
Citigroup Global Markets Inc.  $465,000,000 
      
Goldman, Sachs & Co.  $465,000,000 
      
J.P. Morgan Securities LLC  $465,000,000 
      
Morgan Stanley & Co. LLC  $465,000,000 
      
Co-Managers:     
      
Blaylock Beal Van, LLC  $20,000,000 
      
CastleOak Securities, L.P.  $20,000,000 
      
Lebenthal & Co., LLC  $20,000,000 
      
Loop Capital Markets LLC  $20,000,000 
      
Mischler Financial Group, Inc.  $20,000,000 
 
  Page 3
  Filed Pursuant to Rule 424(b)(2)
  Dated January 6, 2015
  Registration Statement No. 333-200440

 

Samuel A. Ramirez & Company, Inc.  $20,000,000 
      
The Williams Capital Group, L.P.  $20,000,000 
      
Total  $2,000,000,000 

 

The Issuer has agreed to indemnify the Underwriter against certain liabilities, including liabilities under the Securities Act of 1933, as amended.

 

CAPITALIZED TERMS USED HEREIN WHICH ARE DEFINED IN THE PROSPECTUS SUPPLEMENT SHALL HAVE THE MEANINGS ASSIGNED TO THEM IN THE PROSPECTUS SUPPLEMENT.

 

Legal Matters:

 

In the opinion of Fred A. Robustelli, as counsel to the Company, when the securities offered by this prospectus supplement have been executed and issued by the Company and authenticated by the trustee pursuant to the indenture, and delivered against payment as contemplated herein, such securities will be valid and binding obligations of the Company, enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium, arrangement or similar laws affecting the rights and remedies of creditors generally, including, without limitation, the effect of statutory or other laws regarding fraudulent transfers or preferential transfers, and general principles of equity, including, without limitation, concepts of materiality, reasonableness, good faith and fair dealing and the possible unavailability of specific performance, injunctive relief or other equitable remedies, regardless of whether enforceability is considered in a proceeding of equity or law, provided that such counsel expresses no opinion as to the effect of any waiver of stay, extension or usury laws or provisions relating to indemnification, exculpation or contribution, to the extent that such provisions may be held unenforceable as contrary to federal or state securities laws, on the conclusions expressed above. This opinion is given as of the date hereof and is limited to the Federal laws of the United States, the laws of the State of New York and the General Corporation Law of the State of Delaware as in effect on the date hereof. In addition, this opinion is subject to customary assumptions about the genuineness of signatures and certain factual matters, all as stated in the letter of such counsel dated November 21, 2014, which has been filed as Exhibit 5.1 to the Company’s registration statement on Form S-3 filed with the Securities and Exchange Commission on November 21, 2014.