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Bond Caterpillar Financial Services Corp 0% ( US14913R2M88 ) in USD

Issuer	Caterpillar Financial Services Corp
Market price	100 %  ▲
Country	United States
ISIN code	US14913R2M88 ( in USD )
Interest rate	0%
Maturity	05/17/2024 - Bond has expired
Minimal amount	1 000 USD
Total amount	500 000 000 USD
Cusip	14913R2M8
Standard & Poor's ( S&P ) rating	A ( Upper medium grade - Investment-grade )
Moody's rating	A2 ( Upper medium grade - Investment-grade )
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 examination of a recently matured debt instrument reveals key details about a bond issued by Caterpillar Financial Services Corp, a robust global financial services provider offering financing solutions primarily for Caterpillar Inc.'s extensive range of products and services, whose parent company holds a leading position in the heavy equipment industry; this specific bond, identified by ISIN US14913R2M88 and CUSIP 14913R2M8, was a United States-issued obligation denominated in USD, originally part of a $500,000,000 total issue size with a minimum purchase increment of $1,000, and despite a stated interest rate of 0% and a payment frequency of 2, which could imply a zero-coupon structure or specific payout arrangement, the instrument successfully reached its maturity on May 17, 2024, was trading at 100% on the market at that point, and has now been fully repaid, a process underpinned by strong investment-grade credit ratings of 'A' from Standard & Poor's and 'A2' from Moody's.
Date Clean price 08/07/2024 100.00% 12/09/2023 99.99% 08/09/2023 100.02% 07/16/2023 100.02% 06/22/2023 100.02% 05/30/2023 99.71% 05/07/2023 99.70% 04/15/2023 100.01% 03/28/2023 99.28% 03/08/2023 99.71% 02/13/2023 99.82% 01/25/2023 99.80% 01/03/2023 99.66% 12/12/2022 99.39% 11/21/2022 99.35% 10/30/2022 99.33%