Bond Caterpillar Financial Corp 3.2% ( US14912HUQ19 ) in USD
| Issuer | Caterpillar Financial Corp |
| Market price | 100 % ▼ |
| Country | United States
|
| ISIN code |
US14912HUQ19 ( in USD )
|
| Interest rate | 3.2% per year ( payment 2 times a year) |
| Maturity | 15/06/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 1 154 000 USD |
| Cusip | 14912HUQ1 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | N/A |
| Detailed description |
Caterpillar Financial Services Corporation (Cat Financial) provides financing and insurance products to support the sale of Caterpillar equipment and related services worldwide. A specific fixed-income instrument, identified by ISIN US14912HUQ19 and CUSIP 14912HUQ1, issued by Caterpillar Financial Services Corp, recently reached its maturity and was successfully redeemed. This bond, denominated in USD and issued out of the United States, featured an annual interest rate of 3.2%, with interest payments distributed semi-annually to investors. The total size of this particular issuance amounted to $1,154,000, with a minimum investment threshold set at $1,000. Caterpillar Financial Services Corp, the entity behind this issuance, stands as a critical and wholly-owned subsidiary of Caterpillar Inc., the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its core mission is to provide financial solutions and services to customers and dealers globally, facilitating the acquisition and leasing of Caterpillar products and equipment. By offering competitive financing options, Caterpillar Financial Services Corp plays an indispensable strategic role in supporting and enhancing the global sales and market reach of its parent company, solidifying its position as a major player in the specialized equipment financing industry. The bond matured precisely on June 15, 2023, at which point it was repaid at its par value of 100% to all bondholders, thereby fulfilling the issuer's debt obligation as per the initial terms of the offering. This successful repayment underscores the completion of the investment cycle for this particular financial instrument. |
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