CALCULATION OF REGISTRATION FEE

Title of Each Class of Securities
Offered

Maximum Aggregate
Offering Price

Amount of Registration
Fee

Senior Notes

$250,000,000

$28,650.00

 

 

PROSPECTUS
Dated December 1, 2011

Pricing Supplement Number: 5460
Filed Pursuant to Rule 424(b)(3)

PROSPECTUS SUPPLEMENT
Dated December 1, 2011

Dated June 21, 2012
Registration Statement: No. 333-178262

GENERAL ELECTRIC CAPITAL CORPORATION

GLOBAL MEDIUM-TERM NOTES, SERIES A

(Senior Unsecured Fixed Rate Notes)

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, 2011 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

 

 

Trade Date:

June 21, 2012

 

 

Settlement Date (Original Issue Date):

June 26, 2012

 

 

Maturity Date:

January 7, 2021

 

 

Principal Amount:

US $ 250,000,000

 

 

Price to Public (Issue Price):

110.532%

 

 

Agents Commission:

0.425%

 

 

All-in Price:

110.107%

 

 

Accrued Interest:

$5,427,951.39

 

 

Net Proceeds to Issuer:

US $280,695,451.39

 

 

Treasury Benchmark:

1.75% due May 15, 2022

 

 

Treasury Yield:

1.604%

 

 

Spread to Treasury Benchmark:

Plus 1.60%

 

 

Reoffer Yield:

3.204%

 

 

Interest Rate Per Annum:

4.625%

Page 2
Filed Pursuant to Rule 424(b)(3)
Dated June 21, 2012
Registration Statement No. 333-178262

 

 

Interest Payment Dates:

Semi-annually on the 7th day of each January and July, commencing July 17, 2012 and ending on the Maturity Date

 

 

Day Count Convention:

30/360, Following Unadjusted

 

 

Business Day Convention:

New York

 

 

Denominations:

Minimum of $1,000 with increments of $1,000 thereafter.

 

 

Call Notice Period:

None

 

 

Put Dates (if any):

None

 

 

Put Notice Period:

None

 

 

CUSIP:

36962G4Y7

 

 

ISIN:

US36962G4Y78

 

 

Common Code:

057652764

Plan of Distribution:

The Notes are being purchased by the underwriter listed below (the “Underwriter”), as principal, at 110.532% of the aggregate principal amount less an underwriting discount equal to 0.425% of the principal amount of the Notes.

 

 

 

 

Institution

 

 

Commitment

 

 

 

U.S. Bancorp Investments, Inc.

 

$250,000,000

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.

Page 3
Filed Pursuant to Rule 424(b)(3)
Dated June 21, 2012
Registration Statement No. 333-178262

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 December 1, 2011, 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 December 1, 2011.