GECC SERIES A FIXED RATE PRICING SUPPLEMENT
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PROSPECTUS |
Pricing Supplement No. 3896 |
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Dated November 21, 2002 |
Dated April 23, 2003 |
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PROSPECTUS SUPPLEMENT |
Rule 424(b)(3)-Registration Statement |
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Dated November 22, 2002 |
No. 333-100527 |
GENERAL ELECTRIC CAPITAL CORPORATION
GLOBAL MEDIUM-TERM NOTES, SERIES A
(Fixed Rate Notes)
Trade Date: April 23, 2003
Settlement Date (Original Issue Date): April 28, 2003
Maturity Date: March 15, 2007
Principal Amount (in Specified Currency): US$ 275,000,000
Price to Public (Issue Price): 108.144% (Plus accrued interest from March 15, 2003)
Agent's Discount or Commission: 0.275%
Net Proceeds to Issuer: US$ 296,639,750 (plus accrued interest from March 15, 2003)
Interest Rate Per Annum: 5.375%
Interest Payment Date(s):
X March 15th and September 15 of each year, commencing September 15, 2003 and ending on the Maturity Date.
Clearance and Settlement:
___ DTC only
X DTC global (including through its indirect participants Euroclear and Clearstream, Luxembourg as described under "Global Clearance and Settlement Procedures" in the accompanying Prospectus Supplement)
___ DTC and Euroclear/Clearstream, Luxembourg (as described under "Description of Notes General - Special Provisions Relating to Certain Foreign Currency Notes" in the accompanying Prospectus Supplement).
___ Euroclear and Clearstream, Luxembourg only
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 No. 3896 |
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Dated April 23, 2003 |
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Rule 424(b)(3)-Registration Statement |
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No. 333-100527 |
CUSIP No.: 36962GXY5
ISIN No.: US36962GXY50
Common Code: 014521836
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 No. 3896 |
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Dated April 23, 2003 |
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Rule 424(b)(3)-Registration Statement |
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No. 333-100527 |
Listing:
___ Listed on the Luxembourg Exchange
_X_ Not listed on the Luxembourg Exchange
___ Other listing: (specify)
Additional Information:
General:
At December 31, 2002 the Company had outstanding indebtedness totaling $261.603 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 December 31, 2002 excluding subordinated notes payable after one year was equal to $260.638 billion.
Reopening of Issue:
The notes are intended to be fully fungible and form a single series with the Companys issue of US$ 2,000,000,000 5.375% Notes Due March 15, 2007 as set forth in the Companys pricing supplement number 3716 dated March 13, 2002 (Rev. March 18, 2002).
Plan of Distribution:
The Notes are being purchased by Lehman Brothers Inc. (the "Underwriter"), as principal, at 108.144% of the aggregate principal amount less an underwriting discount equal to 0.275% 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.