Paccar Financial markets notes due 2023 with initial talk at Treasuries plus 100 bps area

By Cristal Cody

Tupelo, Miss., June 1 – Paccar Financial Corp. (A1/A+) plans to price new three-year medium-term notes on Monday, according to a market source.

Initial price talk is in the 100 basis points over Treasuries area.

ING Financial Markets LLC, RBC Capital Markets, LLC, TD Securities (USA) LLC and U.S. Bancorp Investments, Inc. are the bookrunners.

Paccar Financial is a financing arm of Bellevue, Wash.-based Paccar Inc.

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