Caterpillar Financial Services Corporation has completed a $1 billion debt issuance, marking a significant move in its capital raising efforts. The company issued $400 million in floating rate notes and $600 million in fixed rate notes, both due in 2028. These Medium-Term Notes, Series L, were priced on November 9, 2026, and the issuance was finalized on Friday.
The floating rate notes carry no specified interest rate, while the fixed rate notes bear a 4.950% interest rate. The issuance was conducted under the company’s existing registration statement on Form S-3 and related prospectus documents. This follows the company’s earlier issuance of Medium-Term Notes, Series K, 4.850% Notes due 2029, which are listed on the New York Stock Exchange under the symbol CAT/29.
The SEC filing included legal opinions and related exhibits, providing transparency around the issuance. The information was derived from a press release statement filed with the SEC, ensuring compliance with regulatory requirements.