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Caterpillar Financial Services Corporation (NYSE:CAT) announced Friday the issuance of $1.45 billion in new debt securities. According to a press release statement and a filing with the Securities and Exchange Commission, the company issued $700 million in aggregate principal amount of Medium-Term Notes, Series K, Floating Rate Notes due 2028, and $750 million in aggregate principal amount of Medium-Term Notes, Series K, 4.100% Fixed Rate Notes due 2028.
The new notes were issued pursuant to Caterpillar Financial Services’ previously filed Registration Statement on Form S-3 and related prospectus documents. The floating rate notes and fixed rate notes were both priced on August 11 and issued on Friday.
The Medium-Term Notes, Series K, 4.850% Notes due 2029 are listed on the New York Stock Exchange under the symbol CAT/29.
The company also filed related exhibits, including the legal opinion and consent of Sidley Austin LLP regarding the legality of the notes.
Caterpillar Financial Services Corporation is incorporated in Delaware and is based in Nashville, Tennessee. The information in this article is based on a press release statement and an SEC filing made Friday.
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