Dated February 8, 2006

PROSPECTUS

Pricing Supplement Number 4316

May 17, 2005

Dated February 21, 2006

PROSPECTUS SUPPLEMENT

Filed Pursuant to Rule 424(b)(3)

August 24, 2005

No. 333-123085

GENERAL ELECTRIC CAPITAL CORPORATION

GLOBAL MEDIUM-TERM NOTES, SERIES A

(Floating Rate Notes)

 

Issuer:

General Electric Capital Corporation

Ratings:

Aaa/AAA

Trade Date/Pricing Effective Time:

February 21, 2006, 9:00 AM Eastern Standard Time

Settlement Date (Original Issue Date):

February 24, 2006

Maturity Date:

March 20, 2013

Principal Amount:

US$220,000,000

Price to Public (Issue Price):

100%

Agents Commission:

0.350%

All-in Price:

99.650%

Net Proceeds to Issuer:

US$219,230,000

Interest Rate Basis

(Benchmark):

LIBOR, as determined by LIBOR Telerate

Index Currency:

U.S. Dollars

Spread (plus or minus):

Plus .125%

Index Maturity:

One Month

Index Payment Period:

Monthly

Interest Payment Dates:

Monthly on the 20th day of each month commencing April 20 and ending on the Maturity Date

Initial Interest Rate:

To be determined two London Business days prior to the Original Issue Date based on the linear interpolation between LIBOR with the Index Maturity of one month and LIBOR with the Index Maturity of two months based on 55 days from and including February 24, 2006 to but excluding April 20, 2006, plus .125%

 

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Pricing Supplement Number 4316

Dated February 21, 2006

Filed Pursuant to Rule 424(b)(3)

No. 333-123085

Interest Reset Periods

and Dates:

Monthly on each Interest Payment Date

Interest Determination Dates:

Monthly, two London Business Days prior to each Interest Reset Date

Day Count Convention:

 

Actual/360

Denominations:

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

Call Dates (if any):

Not applicable

Call Notice Period:

Not applicable

Put Dates (if any):

Not applicable

Put Notice Period:

Not applicable

CUSIP:

36962GV50

ISIN:

Not applicable

Common Code:

Not applicable

Other:

Not applicable

Plan of Distribution:

The Notes are being purchased by CIBC World Markets, Inc. (the "Underwriter"), as principal, at the Issue Price of 100.00% of the aggregate principal amount. The Underwriter has advised the Company that the Underwriter proposes to offer the Notes for sale at the Issue Price referenced above.

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

 

 

 

 

 

 

 

 

 

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Pricing Supplement Number 4316

Dated February 21, 2006

Filed Pursuant to Rule 424(b)(3)

No. 333-123085

 

 

Additional Information:

General


At September 30, 2005, the Company had outstanding indebtedness totaling $344.022 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 30, 2005, excluding subordinated notes payable after one year, was equal to $341.143 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,

 

Nine Months Ended

2000

2001

2002

2003

2004

September 30, 2005

 

(Restated)

(Restated)

(Restated)

(Restated)

 

1.52

1.73

1.66

1.86

1.89

1.82

         

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