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PROSPECTUS |
Pricing Supplement Nos. 3683 & 3687 |
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Dated August 31, 2001 |
Dated January 3, 2002 |
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PROSPECTUS SUPPLEMENT |
Rule 424(b)(3)-Registration Statement |
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Dated September 5, 2001 |
No. 333-40880 and 333-66560 |
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Fixed Rate Notes)
Trade Date: Tranche A: January 3, 2002
Tranche B: January 7, 2002
Settlement Date (Original Issue Date): January 10, 2002
Maturity Date: January 28, 2005
Principal Amount (in Specified Currency): Tranche A: $750,000,000
Tranche B: $250,000,000
Price to Public (Issue Price): Tranche A: 99.771%
Tranche B: 100.083%
Agent's Discount or Commission: 0.225%
Net Proceeds to Issuer: Tranche A: $746,595,000
Tranche B: $249,645,000
Interest Rate Per Annum: 4.25%
Interest Payment Date(s):
X January 28thth and July 28th of each year commencing July 28, 2002, and
on the Maturity Date.
Form of Notes:
X DTC registered ___ non-DTC registered
CUSIP No.: 36962GXB5
ISIN No.: US36962GXB57
Common Code: 014145966
CAPITALIZED TERMS USED IN THIS PRICING SUPPLEMENT WHICH ARE DEFINED IN THE PROSPECTUS SUPPLEMENT SHALL HAVE THE MEANINGS ASSIGNED TO THEM IN THE PROSPECTUS SUPPLEMENT.
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(Fixed Rate) |
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Page 2 |
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Pricing Supplement Nos. 3683 &3687 |
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Dated January 3, 2002 |
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Rule 424(b)(3)-Registration Statement |
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No. 333-40880 and 333-66560 |
Repayment, Redemption and Acceleration
Optional Repayment Date(s): N/A
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration: N/A
Original Issue Discount:
Amount of OID: N/A
Yield to Maturity: N/A
Interest Accrual Date: N/A
Initial Accrual Period OID: N/A
Amortizing Notes:
Amortization Schedule: N/A
Dual Currency Notes:
Face Amount Currency: N/A
Optional Payment Currency: N/A
Designated Exchange Rate: N/A
Option Value Calculation Agent: N/A
Option Election Date(s): N/A
Indexed Notes:
Currency Base Rate: N/A
Determination Agent: N/A
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(Fixed Rate) |
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Page 3 |
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Pricing Supplement Nos. 3683 & 3687 |
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Dated January 3, 2001 |
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Rule 424(b)(3)-Registration Statement |
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No. 333-40880 and 333-66560 |
Additional Information:
Recent Developments.
On July 2, 2001, General Electric Capital Corporation changed its state of incorporation from New York to Delaware.
Additional Information:
General.
At September 29, 2001, the Company had outstanding indebtedness totaling $205.043 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 29, 2001 excluding subordinated notes payable after one year was equal to $204.345 billion.
Consolidated Ratio of Earning 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:
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Year Ended December 31, |
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Nine Months Ended September 29, 2001 |
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1996 |
1997 |
1998 |
1999 |
2000 |
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1.53 |
1.48 |
1.50 |
1.60 |
1.52 |
1.69 |
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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.
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(Fixed Rate) |
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Page 4 |
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Pricing Supplement Nos. 3683 & 3687 |
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Dated January 3, 2001 |
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Rule 424(b)(3)-Registration Statement |
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No. 333-40880 and 333-66560 |
Plan of Distribution:
The Notes are being purchased by the following financial institutions in their respective amounts (collectively, the "Underwriters"), as principal, at 99.771% for Tranche A and 100.083% for Tranche B of the aggregate principal amount less an underwriting discount equal to 0.225% of the principal amount of the Notes.
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Institution Deutsche Banc Alex. Brown Inc. |
Tranche A Notes Tranche B: Notes $375,000,000 $125,000,000 |
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Morgan Stanley & Co. Incorporated |
$375,000,000 $125,000,000 |
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Total |
$750,000,000 $250,000,000 |
The Company has agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended.