Bond Caterpillar Financial Corp 2.9% ( US14913Q2G39 ) in USD

Issuer Caterpillar Financial Corp
Market price 100 %  ▼ 
Country  United States
ISIN code  US14913Q2G39 ( in USD )
Interest rate 2.9% per year ( payment 2 times a year)
Maturity 15/03/2021 - Bond has expired



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Minimal amount 1 000 USD
Total amount 450 000 000 USD
Cusip 14913Q2G3
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.

An analysis of a recently concluded fixed-income instrument provides valuable insight into the capital market operations of a prominent financial entity. The subject is a bond, identified by ISIN US14913Q2G39 and CUSIP 14913Q2G3, issued by Caterpillar Financial Services Corp. Headquartered in the United States, Caterpillar Financial Services Corp operates as a wholly-owned subsidiary of Caterpillar Inc., a global leader in manufacturing construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. As the captive finance arm, it plays a critical role in facilitating sales by offering a wide array of financing solutions for Caterpillar products, dealers, and customers worldwide, including retail sales financing and wholesale inventory financing. The entity frequently accesses global capital markets, such as through this bond issuance, to fund its extensive operations. This particular bond, denominated in US Dollars (USD), carried a fixed interest rate of 2.9%, with interest payments disbursed semi-annually. The total size of the offering was significant, amounting to USD 450,000,000, reflecting a substantial capital raise for the issuer's financial activities. Designed for a broad investor base, the minimum purchase size was set at USD 1,000. The bond reached its scheduled maturity date on March 15, 2021, and was reported to be priced at 100% of its face value at that time, indicating its full and timely repayment. This successful redemption underscores Caterpillar Financial Services Corp's consistent adherence to its financial commitments and its solid standing within the debt markets.