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

Caterpillar Financial Services Corp

99.33 % ▼

United States

US14913R2M88 ( in USD )

17/05/2024 - Bond has expired

Prospectus brochure in PDF format

1 000 USD

500 000 000 USD

14913R2M8

A ( Upper medium grade - Investment-grade )

A2 ( Upper medium grade - Investment-grade )

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
07/08/2024	100.00%
09/12/2023	99.99%
09/08/2023	100.02%
16/07/2023	100.02%
22/06/2023	100.02%
30/05/2023	99.71%
07/05/2023	99.70%
15/04/2023	100.01%
28/03/2023	99.28%
08/03/2023	99.71%
13/02/2023	99.82%
25/01/2023	99.80%
03/01/2023	99.66%
12/12/2022	99.39%
21/11/2022	99.35%
30/10/2022	99.33%