New Issue: Paccar prices $300 million 1.4% three-year notes at 45 bps spread

By Aleesia Forni

Virginia Beach, Nov. 13 – Paccar Financial Corp. priced $300 million of 1.4% notes due 2017 at Treasuries plus 45 basis points on Wednesday, according to a FWP filed with the Securities and Exchange Commission.

Pricing was at 99.956 to yield 1.415%.

The bookrunners were Citigroup Global Markets Inc., Mitsubishi UFJ Securities (USA), Inc. and BofA Merrill Lynch.

The provider of retail and commercial truck financing for Paccar Inc. is based in Bellevue, Wash.

Issuer:	Paccar Financial Corp.
Amount:	$300 million
Description:	Notes
Maturity:	Nov. 17, 2017
Bookrunners:	Citigroup Global Markets Inc., Mitsubishi UFJ Securities (USA), Inc., BofA Merrill Lynch
Co-managers:	Deutsche Bank Securities Inc., Lloyds Securities Inc., TD Securities (USA) LLC
Coupon:	1.4%
Price:	99.956
Yield:	1.415%
Spread:	Treasuries plus 45 bps
Trade date:	Nov. 12
Settlement date:	Nov. 17

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