New Issue: Caterpillar Financial sells $400 million 18-month floaters at Libor plus 18 bps

By Cristal Cody

Tupelo, Miss., June 1 – Caterpillar Financial Services Corp. (A3/A/A) priced $400 million of series I medium-term floating-rate notes due Dec. 6, 2018 at par to yield Libor plus 18 basis points on Thursday, according to an FWP filing with the Securities and Exchange Commission.

Citigroup Global Markets Inc., BofA Merrill Lynch and MUFG were the bookrunners.

Nashville, Tenn.-based Caterpillar Financial Services is a financing arm of Caterpillar Inc.

Issuer:	Caterpillar Financial Services Corp.
Amount:	$400 million
Description:	Medium-term floating-rate notes
Maturity:	Dec. 6, 2018
Bookrunners:	Citigroup Global Markets Inc., BofA Merrill Lynch and MUFG
Co-managers:	BNP Paribas Securities Corp., BNY Mellon Capital Markets, LLC, Deutsche Bank Securities Inc., ING Financial Markets LLC, Itau BBA USA Securities, Inc., KBC Securities USA, Inc., Lloyds Securities Inc., Loop Capital Markets LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC, Scotia Capital (USA) Inc., Standard Chartered Bank, TD Securities (USA) LLC and Wells Fargo Securities, LLC
Coupon:	Libor plus 18 bps
Price:	Par
Yield:	Libor plus 18 bps
Trade date:	June 1
Settlement date:	June 6
Ratings:	Moody’s: A3
	S&P: A
	Fitch: A
Distribution:	SEC registered

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