DBRS Assigns “A” Rating to Caterpillar Financial Services Limited New Issuance
IndustrialsDBRS has today assigned a rating of “A”, with a Stable trend, to the $500 million in Medium-Term Notes (the Notes) issued by Caterpillar Financial Services Limited (CFSL). The 5.20% Notes mature on June 3, 2013, and rank pari passu with all other senior unsecured obligations of CFSL. Proceeds from the issuance will be used for general corporate purposes, including debt repayment.
Notes:
All figures are in Canadian dollars unless otherwise noted.
The applicable methodology is Rating the Industrial Products Industry, which can be found on our website under Methodologies.
This is a Corporate rating.
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