Obligation Caterpillar Corp 2.668% ( US14913Q2M07 ) en USD

Caterpillar Corp

100 % ▲

Etats-unis

US14913Q2M07 ( en USD )

2.668% par an ( paiement trimestriel )

14/05/2023 - Obligation échue

Prospectus brochure de l'obligation Caterpillar Inc US14913Q2M07 en USD 2.668%, échue

1 000 USD

250 000 000 USD

14913Q2M0

A ( Qualité moyenne supérieure )

A3 ( Qualité moyenne supérieure )

Caterpillar Inc. est un fabricant mondial d'équipements de construction et de mines, de moteurs diesel et de gaz naturel, de turbines à gaz industrielles et de locomotives diesel-électriques.

L'Obligation émise par Caterpillar Corp ( Etats-unis ) , en USD, avec le code ISIN US14913Q2M07, paye un coupon de 2.668% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 14/05/2023

L'Obligation émise par Caterpillar Corp ( Etats-unis ) , en USD, avec le code ISIN US14913Q2M07, a été notée A3 ( Qualité moyenne supérieure ) par l'agence de notation Moody's.

L'Obligation émise par Caterpillar Corp ( Etats-unis ) , en USD, avec le code ISIN US14913Q2M07, a été notée A ( Qualité moyenne supérieure ) par l'agence de notation Standard & Poor's ( S&P ).

Document
424B3 1 pricingsupp5yearfloating.htm 5 YEAR FLOATING RATE MTN PRICING SUPPLEMENT 5/9/2018
CALCULATION OF REGISTRATION FEE
Title of Each Class of Securities Offered
Maximum Aggregate
Amount of Registration Fee(2)
Offering Price (1)
MEDIUM-TERM NOTES, SERIES I,
$250,000,000
$31,125
FLOATING RATE NOTES DUE 2023
(1) Excludes accrued interest, if any.

(2) The filing fee is calculated in accordance with Rule 457(r) under the Securities Act of 1933.
PRICING SUPPLEMENT NO. 16

Filed Pursuant to Rule 424(b)(3)
Dated May 9, 2018 to

Registration No. 333-217029
PROSPECTUS SUPPLEMENT

Dated March 30, 2017 and

PROSPECTUS

Dated March 30, 2017

CATERPILLAR FINANCIAL SERVICES CORPORATION
MEDIUM-TERM NOTES, SERIES I, FLOATING RATE NOTES DUE 2023
SUBJECT

FINAL PRICING DETAILS
Issuer:

Caterpillar Financial Services Corporation
Title of Securities:

Medium-Term Notes, Series I, Floating Rate Notes Due 2023
Form of Security:

Global Note
Format:

SEC Registered-Registration Statement Number 333-217029
Trade Date/Pricing Effective Time:

May 9, 2018
Settlement Date (Original Issue Date):
May 16, 2018, which is the fifth business day following the Trade
Date. Accordingly, purchasers who wish to trade the Medium
Term Notes on any date prior to two business days before delivery
will be required, because the Medium-Term Notes will not
initially settle in T+2, to specify an alternative settlement date at
the time of such trade to prevent a failed settlement and should

consult their own advisors.
Maturity Date:

May 15, 2023
Principal Amount:

$250,000,000
Price to Public (Issue Price):

100.000%
Dealer's Commission:

0.350% (35.0 basis points)
All-in-price:

99.650%
Net Proceeds to Issuer:

$249,125,000
Interest Rate Basis (Benchmark):

3 Month USD LIBOR
Index Currency:

U.S. Dollars
Spread (Plus or Minus):

+51.0 basis points (0.510%)
Spread Multiplier:

N/A
Spread/Spread Multiplier Reset Option:

N/A
https://www.sec.gov/Archives/edgar/data/764764/000076476418000090/pricingsupp5yearfloating.htm[5/10/2018 11:31:52 AM]

Document
Optional Reset Dates (only applicable if option to reset spread or spread
N/A
multiplier):
Basis for Interest Rate Reset (only applicable if option to reset spread or
N/A
spread multiplier):
Specified Currency:

U.S. Dollars
Option to Elect Payment in U.S. Dollars (only applicable if Specified
N/A
Currency is other than U.S. Dollars):
Authorized Denominations (only applicable if Specified Currency is other than N/A
U.S. Dollars):
Historical Exchange Rate (only applicable if Specified Currency is other than
N/A
U.S. Dollars):
Maximum Interest Rate:

N/A
Minimum Interest Rate:

N/A
Initial Interest Rate:
3 Month USD LIBOR as of two (2) London Business Days prior

to the Original Issue Date plus the Spread
Interest Reset Periods and Dates:
Quarterly on the 15th of February, May, August and November of

each year prior to the Maturity Date
Interest Determination Dates:
Quarterly, two (2) London Business Days prior to each Interest

Reset Date
Interest Payment Dates:
Interest will be paid quarterly on the 15th of February, May,
August and November of each year, commencing August 15, 2018

and ending on the Maturity Date
Stated Maturity Extension Option:

N/A
Extension Period(s) and Final Maturity Date (only applicable if option to
N/A
extend stated maturity):
Basis for Interest Rate During Extension Period (only applicable if option to
N/A
extend stated maturity):
Original Issue Discount Note:

N/A
Total Amount of OID:

N/A
Terms of Amortizing Notes:

N/A
Redemption Date(s):

N/A
Redemption Price:

N/A
Repayment Date(s):

N/A
Repayment Price(s):

N/A
Day Count Convention:

Actual/360
Denominations:
Minimum denominations of $1,000 with increments of $1,000

thereafter
Joint Lead Managers & Bookrunners:

Citigroup Global Markets Inc. (23.33%)
Merrill Lynch, Pierce, Fenner & Smith

Incorporated (23.33%)

MUFG Securities Americas Inc. (23.34%)
Co-Managers:

BBVA Securities Inc. (2.50%)

BNY Mellon Capital Markets, LLC (2.50%)

Commerz Markets LLC (2.50%)

Deutsche Bank Securities Inc. (2.50%)

ICBC Standard Bank Plc (2.50%)
https://www.sec.gov/Archives/edgar/data/764764/000076476418000090/pricingsupp5yearfloating.htm[5/10/2018 11:31:52 AM]

Document

ING Financial Markets LLC (2.50%)

Itau BBA USA Securities, Inc. (2.50%)

Lloyds Securities Inc. (2.50%)

Loop Capital Markets LLC (2.50%)

Mischler Financial Group, Inc. (2.50%)

Scotia Capital (USA) Inc. (2.50%)

Wells Fargo Securities, LLC (2.50%)
ICBC Standard Bank Plc is restricted in its US securities dealings
under the Bank Holding Company Act and is not a U.S.-registered
broker-dealer. All sales of securities in the U.S. will be made by
or through U.S.-registered broker-dealers. ICBC Standard Bank
Plc may not underwrite, subscribe, agree to purchase or procure
purchasers to purchase Notes in the United States. ICBC Standard
Bank shall not be obligated to, and shall not, underwrite,
subscribe, agree to purchase or procure purchasers to purchase
Notes for offer and/or sale in the United States. ICBC Standard
Bank Plc shall offer and sell Notes constituting part of its

allotment solely outside the United States.
Billing and Delivery Agent:
Merrill Lynch, Pierce, Fenner & Smith

Incorporated
Exchange Rate Agent:

U.S. Bank Trust National Association
Calculation Agent:

U.S. Bank Trust National Association
CUSIP:

14913Q2M0
Other Provisions:
Changes to LIBOR may adversely affect holders of the Notes.
Regulators and law enforcement agencies from a number of
governments have been conducting investigations relating to the
calculation of LIBOR across a range of maturities and currencies,
and certain financial institutions that are member banks surveyed
by the British Bankers' Association (the "BBA") in setting daily
LIBOR have entered into agreements with the U.S. Department of
Justice, the U.S. Commodity Futures Trading Commission and/or
the Financial Services Authority in order to resolve the
investigations. Since April 2013, the U.K. Financial Conduct
Authority ("FCA") has regulated LIBOR.
Actions by the BBA, regulators or law enforcement agencies may
result in changes to the manner in which LIBOR is determined or
the establishment of alternative reference rates. For example, on
July 27, 2017, the FCA announced that it intends to stop
persuading or compelling banks to submit LIBOR rates after 2021.
Furthermore, in the United States, efforts to identify a set of
alternative U.S. dollar reference interest rates include proposals by
the Alternative Reference Rates Committee of the Federal Reserve
Board and the Federal Reserve Bank of New York. At this time, it
is not possible to predict the effect of any such changes, any
establishment of alternative reference rates or any other reforms to
LIBOR that may be implemented in the United Kingdom, United
States or elsewhere. Uncertainty as to the nature of such potential
changes, alternative reference rates or other reforms and as to the
continuation of LIBOR may adversely affect the trading market for
the Notes, the interest on which is determined by reference to
LIBOR. Although the Notes provide for alternative methods of
calculating the interest rate payable on the Notes if LIBOR is not
reported, which include requesting certain rates from major
https://www.sec.gov/Archives/edgar/data/764764/000076476418000090/pricingsupp5yearfloating.htm[5/10/2018 11:31:52 AM]

Document
reference banks, determining a market accepted alternative rate or
using LIBOR for the immediately preceding interest period, any of
these alternative methods may result in interest rates and/or
payments that are higher than, lower than or that do not otherwise
correlate over time with the interest rates and/or payments that
would have been made on the Notes if the LIBOR rate was
available in its current form.
Further, uncertainty as to the extent and manner in which the FCA
regulates LIBOR and as to future changes with respect to LIBOR
may adversely affect the current trading market for LIBOR-based
securities and the value of your Notes.
Calculation of LIBOR
The LIBOR calculation provisions contained in the section
"Description of Notes--Interest Rate--LIBOR Notes" in the
Issuer's Medium-Term Notes Prospectus Supplement dated
March 30, 2017 are hereby replaced by the following:
"(i) The rate for deposits in the LIBOR currency having the
index maturity designated by us in the applicable pricing
supplement, as such rate is displayed on Reuters on the
Designated LIBOR Page (as defined below) as of 11:00 a.m.,
London time, on such LIBOR interest determination date. If
no such rate so appears, LIBOR on such LIBOR interest
determination date will be determined in accordance with the
provisions described in clause (ii) below.
(ii) With respect to a LIBOR interest determination date on
which no rate is displayed on the Designated LIBOR Page as
specified in clause (i) above, the calculation agent shall
request the principal London offices of each of four major
reference banks (which may include affiliates of the agents)
in the London interbank market, as selected by the calculation
agent, to provide the calculation agent with its offered
quotation for deposits in the LIBOR currency for the period
of the index maturity specified in the applicable pricing
supplement, commencing on the related interest reset date, to
prime banks in the London interbank market at approximately
11:00 a.m., London time, on such LIBOR interest
determination date and in a principal amount that
is
representative of a single transaction in the LIBOR currency
in such market at such time. If at least two such quotations are
so provided, then LIBOR on such LIBOR interest
determination date will be the arithmetic mean calculated by
the calculation agent of such quotations. If fewer than two
such quotations are so provided, then LIBOR on such LIBOR
interest determination date will be the arithmetic mean
calculated by the calculation agent of the rates quoted at
approximately 11:00 a.m., in the applicable principal financial
center, on such LIBOR interest determination date by three
major banks (which may include affiliates of the agents) in
such principal financial center selected by the calculation
agent for loans in the LIBOR currency to leading European
banks, having the index maturity specified in the applicable
pricing supplement, commencing on the related interest reset
date, and in a principal amount that is representative for a
single transaction in the LIBOR currency in such market at
such time; provided, however, that, subject to clause (iii)
https://www.sec.gov/Archives/edgar/data/764764/000076476418000090/pricingsupp5yearfloating.htm[5/10/2018 11:31:52 AM]

Document
below, if the banks so selected by the calculation agent are not
quoting as mentioned in this sentence, LIBOR determined as
of such LIBOR interest determination date shall be LIBOR in
effect on such LIBOR interest determination date.
(iii) Notwithstanding clause (ii) above, if we or the calculation
agent determine that LIBOR has been permanently
discontinued, the calculation agent will use, as a substitute for
LIBOR (the "Alternative Rate") and for each future interest
determination date, the alternative reference rate selected by a
central bank, reserve bank, monetary authority or any similar
institution (including any committee or working group
thereof) that is consistent with accepted market practice. As
part of such substitution, the calculation agent will, after
consultation with us, make such adjustments ("Adjustments")
to the Alternative Rate or the spread thereon, as well as the
business day convention, interest determination dates and
related provisions and definitions, in each case that are
consistent with accepted market practice for the use of such
Alternative Rate for debt obligations such as the relevant
series of floating rate notes. If the calculation agent
determines, and following consultation with us, that there is
no clear market consensus as to whether any rate has replaced
LIBOR in customary market usage, (i) U.S. Bank Trust
National Association shall have the right to resign as
calculation agent in respect of the relevant series of floating
rate notes and (ii) we will appoint, in our sole discretion, a
new calculation agent to replace U.S. Bank Trust National
Association, solely in its role as calculation agent in respect
of the relevant series of floating rate notes, to determine the
Alternative Rate and make any Adjustments thereon, and
whose determinations will be binding on us, the trustee and
the holders of the relevant series of floating rate notes. If,
however, the calculation agent determines that LIBOR has
been discontinued, but for any reason an Alternative Rate has
not been determined, LIBOR determined as of such LIBOR
interest determination date shall be LIBOR in effect on such
LIBOR interest determination date."
Notice to European Economic Area Investors
This communication has been prepared on the basis that any offer
of notes in any member state of the European Economic Area
("EEA") which has implemented the Prospectus Directive (each, a
"Relevant Member State") will only be made to a legal entity
which is a qualified investor under the Prospectus Directive
("Qualified Investors"). Accordingly any person making or
intending to make an offer in that Relevant Member State of notes
which are the subject of the offering contemplated in this
communication may only do so with respect to Qualified
Investors. Neither the Issuer nor the managers have authorized,
nor do they authorize, the making of any offer of notes other than
to Qualified Investors. The expression "Prospectus Directive"
means Directive 2003/71/EC (as amended, including by Directive
2010/73/EU), and includes any relevant implementing measure in
the Relevant Member State.
No PRIIPs KID No PRIIPs key information document (KID) has
been prepared as not available to retail in EEA.

https://www.sec.gov/Archives/edgar/data/764764/000076476418000090/pricingsupp5yearfloating.htm[5/10/2018 11:31:52 AM]

Document
CAPITALIZED TERMS USED HEREIN WHICH ARE DEFINED IN THE PROSPECTUS SUPPLEMENT SHALL HAVE THE
MEANINGS ASCRIBED THERETO IN THE PROSPECTUS SUPPLEMENT. THE INTEREST RATES ON THE NOTES MAY BE
CHANGED BY CATERPILLAR FINANCIAL SERVICES CORPORATION FROM TIME TO TIME, BUT ANY SUCH CHANGE
WILL NOT AFFECT THE INTEREST RATE ON ANY NOTES OFFERED PRIOR TO THE EFFECTIVE DATE OF THE CHANGE.
https://www.sec.gov/Archives/edgar/data/764764/000076476418000090/pricingsupp5yearfloating.htm[5/10/2018 11:31:52 AM]

Document Outline

#1">
- #1">