By Andrea Heisinger
Omaha, March 19 - Caterpillar Financial Services Corp. priced $750 million 5.45% 10-year medium-term notes Wednesday to yield Treasuries plus 205 basis points, a market source said.
The notes (A2/A) priced at 99.751 to yield 5.482%.
Agents were Barclays Capital Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities Inc.
Co-agent was Merrill Lynch, Pierce, Fenner & Smith Inc.
The subsidiary of equipment company Caterpillar Inc. is based in Nashville.
| Issuer: | Caterpillar Financial Services Corp.
|
| Issue: | Medium-term notes
|
| Amount: | $750 million
|
| Maturity: | April 15, 2018
|
| Agents: | Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities Inc.
|
| Co-agent: | Merrill Lynch, Pierce, Fenner & Smith Inc.
|
| Coupon: | 5.45%
|
| Price: | 99.751
|
| Yield: | 5.482%
|
| Spread: | Treasuries plus 205 bps
|
| Trade date: | March 19
|
| Settlement date: | March 27
|
| Ratings: | Moody's: A2
|
| Standard & Poor's: A
|
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