Obligation Caterpillar Financial Corp 4.625% ( US14911RAJ86 ) en USD

Caterpillar Financial Corp

100 % ⇌

Etas-Unis

US14911RAJ86 ( en USD )

4.625% par an ( paiement semestriel )

01/06/2015 - Obligation échue

Prospectus brochure de l'obligation Caterpillar Financial Services Corp US14911RAJ86 en USD 4.625%, échue

1 000 USD

250 000 000 USD

14911RAJ8

NR

NR

Caterpillar Financial Services Corp. est une filiale de Caterpillar Inc. qui offre une gamme de services financiers, notamment le financement d'équipements, le leasing, l'assurance et la gestion de flotte, principalement pour les clients de Caterpillar et les utilisateurs d'équipements lourds.

L'Obligation émise par Caterpillar Financial Corp ( Etas-Unis ) , en USD, avec le code ISIN US14911RAJ86, paye un coupon de 4.625% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 01/06/2015

L'Obligation émise par Caterpillar Financial Corp ( Etas-Unis ) , en USD, avec le code ISIN US14911RAJ86, a été notée NR par l'agence de notation Moody's.

L'Obligation émise par Caterpillar Financial Corp ( Etas-Unis ) , en USD, avec le code ISIN US14911RAJ86, a été notée NR par l'agence de notation Standard & Poor's ( S&P ).

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424B2 1 f09829b2e424b2.htm PROSPECTUS SUPPLEMENT
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Table of Contents
Filed Pursuant to Rule 424(b)(2)
Registration Number 333-109182
PROSPECTUS SUPPLEMENT
(To Prospectus dated October 15, 2003)
$800,000,000

Caterpillar Financial Services Corporation
$550,000,000 4.300% Senior Notes due 2010
$250,000,000 4.625% Senior Notes due 2015
The notes due 2010 will bear interest at a rate of 4.300% per year, and the notes due 2015 will bear interest at
a rate of 4.625% per year. We will pay interest on the notes semiannually on June 1 and December 1 of each
year, beginning December 1, 2005. We may redeem the notes before their maturity, in whole or in part, as
described in this prospectus supplement.
The notes are unsecured and rank equally with all of our other unsecured and unsubordinated indebtedness
from time to time outstanding. We will issue the notes only in registered form in denominations of $1,000.
We are offering the notes for sale in the United States, Europe and Asia.
Neither the Securities and Exchange Commission nor any state securities commission has approved or
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disapproved of the notes or determined if this prospectus supplement and the accompanying prospectus are
truthful and complete. Any representation to the contrary is a criminal offense.

Per 2010 Note
Total
Per 2015 Note
Total
Public Offering

Price
99.701%
$548,355,500
99.426%
$248,565,000
Underwriting

Discount
0.350%
$
1,925,000
0.450%
$
1,125,000
Proceeds to
Caterpillar

Financial (before
expenses)
99.351%
$546,430,500
98.976%
$247,440,000
The notes will be ready for delivery in book-entry form only through The Depository Trust Company,
Clearstream and Euroclear on or about June 14, 2005.
Joint Book-Running Managers

Banc of America
Citigroup
JPMorgan
Securities LLC
Co-Managers
ABN AMRO Incorporated

Barclays Capital

RBC Capital Markets

SG Corporate & Investment Banking

TD Securities
June 9, 2005
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You should rely only on the information contained or incorporated by reference in this prospectus
supplement and the accompanying prospectus. We have not, and the underwriters have not, authorized
anyone to provide you with additional or different information. If anyone provides you with different or
inconsistent information, you should not rely on it. We are not, and the underwriters are not, making an
offer to sell these securities in any jurisdiction where the offer or sale is not permitted.
The information contained in this prospectus supplement and the accompanying prospectus is
accurate only as of their respective dates and any information we have incorporated by reference is
accurate only as of the date of the document incorporated by reference, regardless of the time of its
delivery or any sale of the notes. Our business, financial condition, results of operations and prospects may
have changed since that date.
Unless the context otherwise indicates, the terms "Caterpillar Financial," "we," "us" or "our" mean
Caterpillar Financial Services Corporation and its wholly owned subsidiaries, and the term "Caterpillar"
means Caterpillar Inc. and its consolidated subsidiaries.
References herein to "U.S.$," "$" and "dollars" are to the currency of the United States.
Some statements contained in this document or incorporated by reference into this document are
forward looking and involve uncertainties that could significantly impact results. The words "believes,"
"expects," "estimates," "anticipates," "will be" and similar words or expressions identify forward-looking
statements made on behalf of Caterpillar Financial. Uncertainties include factors that affect international
businesses, as well as matters specific to Caterpillar Financial and the markets it serves, including the
creditworthiness of customers, interest rate and currency rate fluctuations and estimated residual values
of leased equipment. Please see Caterpillar Financial's filings with the Securities and Exchange
Commission, or SEC, for additional discussion of these uncertainties and factors. Caterpillar Financial
disclaims any obligation to update or revise any forward-looking statement, whether as a result of new
information, future results or otherwise.
TABLE OF CONTENTS
Prospectus Supplement

Page
Caterpillar Financial Services Corporation

S-3
Use of Proceeds

S-4
Ratio of Profit to Fixed Charges

S-4
Description of Notes

S-5
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Certain United States Federal Tax Matters

S-12
Underwriting

S-17
General Information

S-19
Documents Incorporated by Reference

S-19
Validity of the Notes

S-20
Experts

S-20
Prospectus

Page
Caterpillar Financial Services Corporation
3
Use of Proceeds
3
Ratios of Profit to Fixed Charges
3
Description of Debt Securities We May Offer
3
Plan of Distribution
9
Validity of Debt Securities We May Offer
9
Experts
9
Where You Can Find More Information
10
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Table of Contents
CATERPILLAR FINANCIAL SERVICES CORPORATION
We are a wholly owned finance subsidiary of Caterpillar. Caterpillar operates in three principal lines of
business:

· Machinery -- design, manufacture and marketing of construction, mining, agricultural and forestry
machinery.

· Engines -- design, manufacture and marketing of engines for Caterpillar machinery, electric power
generation systems; on-highway vehicles and locomotives; marine, petroleum, construction, industrial,
agricultural and other applications; and related parts.

· Financial Products -- provided primarily through us.
We provide retail financing alternatives for Caterpillar machinery and engines as well as other equipment and
marine vessels to customers and dealers around the world, provide wholesale financing to Caterpillar dealers, and
purchase short-term dealer receivables from Caterpillar. Our total number of employees at March 31, 2005 was
approximately 1,400.
Retail financing plans include:
Retail financing leases and installment sale contracts (total 58%*):
· Tax leases that are classified as either operating or finance leases for financial accounting purposes, depending
on the characteristics of the lease. For tax purposes, we are considered the owner of the equipment (19%*).

· Finance (non-tax) leases where the lessee is considered the owner of the equipment during the term of the lease
and that either require or allow the customer to purchase the equipment for a fixed price at the end of the term
(14%*).

· Installment sale contracts, which are equipment loans that enable customers to purchase equipment with a down
payment or trade-in and structure payments over time (24%*).

· Governmental lease-purchase plans in the United States that offer low interest rates and flexible terms to
qualified non-federal government agencies (1%*).
Retail notes receivable:
· Loans that allow customers and dealers to use their Caterpillar equipment as collateral to obtain financing (20%
*).
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Wholesale financing plans include:
Wholesale notes receivable, finance leases and installment sale contracts (total 22%*):
· Inventory/ rental programs which provide assistance to dealers by financing their inventory, rental fleets and
rental facilities (6%*).

· Short-term dealer receivables we purchase from Caterpillar at a discount (16%*).
The retail financing business is highly competitive, with financing for users of Caterpillar equipment
available through a variety of sources, principally commercial banks and finance and leasing companies. We are
largely dependent upon Caterpillar dealers' ability to sell equipment and customers' willingness to enter into
financing or leasing agreements with us. We also are affected by the availability of funds from our financing
sources and general economic conditions such as inflation and market interest rates. Our competitive position is
improved by marketing programs, subsidized by Caterpillar and/or Caterpillar
* Indicates the percentage of total portfolio at December 31, 2004. We define total portfolio as total net finance
receivables plus retained interests in securitized wholesale receivables plus equipment on operating leases, less
accumulated depreciation.
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Table of Contents
dealers, which allow us to offer below-market interest rates, and we continue to finance a significant portion of
Caterpillar dealers' sales and inventory of Cat equipment, especially in our North American segment.
We also have agreements with Caterpillar that are significant to our operation. These agreements provide for
financial support and funding, employee benefits, and corporate services, among other things.
We were incorporated under the laws of the State of Delaware, U.S.A., in 1981 and are the successor to a
company formed in 1954. Our principal executive office is located at 2120 West End Avenue, Nashville,
Tennessee 37203-0001, U.S.A.; our telephone number is (615) 341-1000. Our registered office in the State of
Delaware is c/o Corporation Service Company, 2711 Centerville Road, Suite 400, Wilmington, Delaware 19808,
U.S.A.
USE OF PROCEEDS
The net proceeds received by Caterpillar Financial from the sale of the notes, estimated at $793,520,500 after
deducting the underwriting discounts and estimated offering expenses payable by Caterpillar Financial, will be
used to repay outstanding domestic commercial paper borrowings of Caterpillar Financial. At May 31, 2005,
approximately $1,472,857,000 of such commercial paper was outstanding at a weighted average annualized
interest rate of 3.02% and a weighted average maturity of 17.4 days. The proceeds from these commercial paper
borrowings were used for the financing of sales and leasing transactions, for customer and dealer loans and for
other corporate purposes. We expect to incur additional indebtedness in connection with our financing
operations. However, the amount, timing and precise nature of such indebtedness have not yet been determined
and will depend upon the volume of our business, the availability of credit and general market conditions.
RATIO OF PROFIT TO FIXED CHARGES
The table below sets forth our ratio of profit to fixed charges for each of the periods indicated:

Quarter Ended
March 31,
Year Ended December 31,
2005
2004
2004
2003
2002
2001
2000
1.71 1.86 1.78 1.76 1.54 1.47 1.32
For the purpose of calculating this ratio, profit consists of income before income taxes plus fixed charges.
Profit is reduced by our equity in profit of certain partnerships in which we participate. Fixed charges consist of
interest on borrowed funds (including any amortization of debt discount, premium and issuance expense) and a
portion of rentals representing interest.
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Table of Contents
DESCRIPTION OF NOTES
General
The following description of the terms of the notes supplements, and to the extent it is inconsistent replaces,
the description of the general terms and provisions of debt securities set forth in the accompanying prospectus.
The notes due 2010 (the "2010 notes") and the notes due 2015 (the "2015 notes") are part of the debt securities
we registered with the SEC in October 2003 to be issued on terms to be determined at the time of sale. The 2010
notes and 2015 notes are to be issued as separate series of senior debt securities under the indenture dated as of
April 15, 1985, as supplemented, between us and U.S. Bank Trust National Association, as successor trustee,
which is more fully described in the accompanying prospectus.
The 2010 notes will initially be limited to an aggregate principal amount of $550,000,000, mature on June 1,
2010 and bear interest at 4.300% per year. The 2015 notes will initially be limited to an aggregate principal
amount of $250,000,000, mature on June 1, 2015 and bear interest at 4.625% per year.
The notes:
· will be issued in U.S. dollars in denominations of $1,000 and integral multiples of $1,000.

· will be issued pursuant to the indenture, and will represent new and separate series under the indenture.

· are redeemable by us before maturity, in whole or in part. See "-- Optional Redemption" and "-- Redemption
for Tax Reasons."

· are not subject to any sinking fund.

· will be represented by one or more global certificates in fully registered form. Except in limited circumstances,
the notes will not be issued in definitive form. If the notes are issued in definitive form, they will be issued in
registered form, and payments of principal and interest will be made according to alternative arrangements.

· represent unsecured and unsubordinated debt.

· will be repaid at par at maturity.

· will rank on a parity with each other and with our other unsecured and unsubordinated debt from time to time
outstanding.
Interest on the notes:
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Document Outline

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