Obbligazione Caterpillar Financial Corp 1.45% ( US14913R2C07 ) in USD

Emittente Caterpillar Financial Corp
Prezzo di mercato 99.273 USD  ▲ 
Paese  Stati Uniti
Codice isin  US14913R2C07 ( in USD )
Tasso d'interesse 1.45% per anno ( pagato 2 volte l'anno)
Scadenza 14/05/2025 - Obbligazione č scaduto



Prospetto opuscolo dell'obbligazione Caterpillar Financial Services Corp US14913R2C07 in USD 1.45%, scaduta


Importo minimo 1 000 USD
Importo totale 600 000 000 USD
Cusip 14913R2C0
Standard & Poor's ( S&P ) rating A ( Upper medium grade - Investment-grade )
Moody's rating A2 ( Upper medium grade - Investment-grade )
Descrizione dettagliata Caterpillar Financial Services Corp. č una societā di servizi finanziari che fornisce soluzioni di finanziamento e leasing per attrezzature Caterpillar e altre attivitā correlate a livello globale.

The Obbligazione issued by Caterpillar Financial Corp ( United States ) , in USD, with the ISIN code US14913R2C07, pays a coupon of 1.45% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 14/05/2025

The Obbligazione issued by Caterpillar Financial Corp ( United States ) , in USD, with the ISIN code US14913R2C07, was rated A2 ( Upper medium grade - Investment-grade ) by Moody's credit rating agency.

The Obbligazione issued by Caterpillar Financial Corp ( United States ) , in USD, with the ISIN code US14913R2C07, was rated A ( Upper medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







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424B3 1 may2020-5yrfxdxpricingsupp.htm 5 YEAR FIXED RATE MTN PRICING SUPPLEMENT 5/13/2020
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 J 1.450%
$600,000,000
$77,880
NOTES DUE 2025
(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. 3

Filed Pursuant to Rule 424(b)(3)
Dated May 12, 2020 to

Registration No. 333-237475
PROSPECTUS SUPPLEMENT


Dated March 30, 2020 and


PROSPECTUS


Dated March 30, 2020


CATERPILLAR FINANCIAL SERVICES CORPORATION
MEDIUM-TERM NOTES, SERIES J, 1.450% NOTES DUE 2025

SUBJECT

FINAL PRICING DETAILS



Issuer:

Caterpillar Financial Services Corporation
Title of Securities:

Medium-Term Notes, Series J, 1.450% Notes Due 2025
Format:

SEC Registered-Registration Statement Number 333-237475
Trade Date/Pricing Effective Time:

May 12, 2020
Settlement Date (Original Issue Date):
May 15, 2020, which is the third 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, 2025
Principal Amount:

$600,000,000
Price to Public (Issue Price):

99.794%
Dealers' Commission:

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

99.444%
Net Proceeds to Issuer:

$596,664,000
Coupon:

1.450%
Yield to Maturity:

1.493%
Spread Multiplier:

N/A
Spread/Spread Multiplier Reset Option:

N/A
Optional Reset Dates (only applicable if option to reset spread or spread
N/A
multiplier):
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Basis for Interest Rate Reset (only applicable if option to reset spread or spread N/A
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
Interest Payment Dates:
Interest will be paid semi-annually on the 15th of May and
November of each year, commencing November 15, 2020 and

ending on the Maturity Date
Stated Maturity Extension Option:

N/A
Extension Period(s) and Final Maturity Date (only applicable
N/A
if option to 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:
The notes may be redeemed at the option of Caterpillar Financial
Services Corporation prior to the stated maturity date. See "Other

Provisions--Optional Redemption" below.
Repayment Date(s):

N/A
Repayment Price(s):

N/A
Day Count Convention:

30/360
Denominations:
Minimum denominations of $1,000 with increments of $1,000

thereafter
Joint Lead Managers & Bookrunners:

BofA Securities, Inc. (23.33%)


Citigroup Global Markets Inc. (23.33%)


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

BNP Paribas Securities Corp. (2.297%)


Deutsche Bank Securities Inc. (2.297%)


HSBC Securities (USA) Inc. (2.297%)


ING Financial Markets LLC (2.297%)


Lloyds Securities Inc. (2.297%)


TD Securities (USA) LLC (2.297%)


U.S. Bancorp Investments, Inc. (2.297%)


Commerz Markets LLC (1.757%)


Loop Capital Markets LLC (1.351%)


Standard Chartered Bank (1.351%)
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Mizuho Securities USA LLC (1.216%)


Wells Fargo Securities, LLC (1.216%)


Scotia Capital (USA) Inc. (1.081%)


ANZ Securities, Inc. (0.811%)
2


ICBC Standard Bank Plc (0.811%)


KBC Securities USA LLC (0.811%)


Mischler Financial Group, Inc. (0.676%)


Westpac Capital Markets LLC (0.676%)


BBVA Securities Inc. (0.541%)


BNY Mellon Capital Markets, LLC (0.541%)


Itau BBA USA Securities, Inc. (0.541%)


SMBC Nikko Securities America, Inc. (0.541%)
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 Plc 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.
Standard Chartered Bank will not effect any offers or sales of
any notes in the United States unless it is through one or more
U.S. registered broker-dealers as permitted by the regulations of


FINRA.
Billing and Delivery Agent:

BofA Securities, Inc.
CUSIP:

14913R2C0
3
Other Terms:
Optional Redemption
The notes may be redeemed in whole at any time or in part from time to time, at our
option, at a redemption price equal to the greater of:
· 100% of the principal amount of the notes to be redeemed; or
· the sum of the present values of the remaining scheduled payments of principal
and interest on the notes to be redeemed, discounted to the date of redemption
on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day
months) at the applicable Treasury Rate, plus 20.0 basis points,
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in each case, plus accrued and unpaid interest on the principal amount being redeemed
to the redemption date.
"Business Day" means any calendar day that is not a Saturday, Sunday or legal holiday
in New York, New York and on which commercial banks are open for business in New
York, New York.
"Comparable Treasury Issue" means the United States Treasury security selected by the
Independent Investment Banker as having a maturity comparable to the remaining term
("Remaining Life") of the notes to be redeemed that would be utilized, at the time of
selection and in accordance with customary financial practice, in pricing new issues of
corporate debt securities of comparable maturity to the Remaining Life of such notes.
"Comparable Treasury Price" means (1) the average of five Reference Treasury Dealer
Quotations for such redemption date, after excluding the highest and lowest Reference
Treasury Dealer Quotations, or (2) if, after seeking at least five Reference Treasury
Dealer Quotations and excluding the highest and lowest Reference Treasury Dealer
Quotations, the Independent Investment Banker obtains fewer than five such Reference
Dealer Quotations, the average of all such quotations.
"Independent Investment Banker" means any of BofA Securities, Inc., Citigroup Global
Markets Inc. or a Primary Treasury Dealer appointed by MUFG Securities Americas
Inc. and any of their respective successors and assigns, as appointed by us, or, if any of
the foregoing is unwilling or unable to select the Comparable Treasury Issue, a
nationally recognized investment banking institution which is a Primary Treasury
Dealer appointed by us.
"Reference Treasury Dealer" means (1) any of BofA Securities, Inc., Citigroup Global
Markets Inc. or a Primary Treasury Dealer appointed by MUFG Securities Americas
Inc. and any of their respective successors and assigns, as appointed by us, provided,
however, that if any of the foregoing shall cease to be a primary U.S. government
securities dealer (a "Primary Treasury Dealer"), we will substitute for such dealer
another Primary Treasury Dealer, and (2) any other nationally recognized Primary
Treasury Dealer selected by the Independent Investment Banker and acceptable to us.
"Reference Treasury Dealer Quotations" means, with respect to each Reference
Treasury Dealer and any redemption date, the average, as determined by the
Independent Investment Banker, of the bid and asked prices for the Comparable
Treasury Issue (expressed in each case as a percentage of its principal amount) quoted
in writing to the Independent Investment Banker at 5:00 p.m., New York, New York
time, on the third Business Day preceding such redemption date.
"Treasury Rate" means, with respect to any redemption date, (1) the yield, under the
heading which represents the average for the immediately preceding week, appearing in
the most recently published statistical release designated "H.15" or any successor
publication which is published weekly by the Board of Governors of the Federal
Reserve System and which establishes yields on actively traded United States Treasury
securities adjusted to constant maturity under the caption "Treasury Constant
Maturities," for the maturity corresponding to the Comparable Treasury Issue (or, if no
maturity is within three months before or after the Remaining Life, yields for the two
published maturities most closely corresponding to the Comparable Treasury Issue will
be determined and the Treasury Rate will be interpolated or extrapolated from such
yields on a straight line basis, rounding to the nearest month), or (2) if such release (or
any successor release) is not published during the week preceding the calculation date
or does not contain such yields, the rate per annum equal to the semi-annual equivalent
yield-to-maturity of the Comparable Treasury Issue, calculated using a price for the
Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to
the Comparable Treasury Price of such redemption date. The Treasury Rate will be
calculated on the third Business Day preceding the redemption date.
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Holders of the notes to be redeemed will receive notice thereof by first-class mail at
least 10 and not more than 60 days before the date fixed for redemption. If fewer than
all of the notes of a series are to be redeemed, the trustee will select the particular notes
of such series or portions thereof for redemption from the outstanding notes of such
series not previously called, pro rata or by lot, or in such other manner as we shall
direct.
No PRIIPs KID ­ No PRIIPs key information document (KID) has been prepared as not
available to retail in EEA or UK.
Notice to Swiss Investors
The notes may not be publicly offered, sold or advertised, directly or indirectly, in, into
or from Switzerland and will not be listed on the SIX Swiss Exchange or any other
offering or regulated trading facility in Switzerland. Neither this pricing supplement nor
any accompanying prospectus supplement, prospectus or other marketing material
constitute a prospectus as defined in article 652a or article 1156 of the Swiss Code of
Obligations or a listing prospectus according to the Listing Rules of the SIX Swiss
Exchange or any other regulated trading facility in Switzerland. Any resales of the
notes by the underwriters thereof may only be undertaken on a private basis to selected
individual investors provided there is no publicity for the notes in Switzerland and no
Swiss prospectus requirements are triggered. This pricing supplement and
accompanying prospectus and prospectus supplement may not be copied, reproduced,
distributed or passed on to others or otherwise made available in Switzerland without
our prior written consent. By accepting this pricing supplement and accompanying
prospectus and prospectus supplement or by subscribing to the notes, investors are
deemed to have acknowledged and agreed to abide by these restrictions. Investors are
advised to consult with their financial, legal or tax advisers before investing in the
notes.
4
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.
5
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