DBRS Assigns “A” Rating to New Caterpillar Financial Services Limited Notes

DBRS has today assigned a rating of “A” with a Stable trend to the $350 million senior unsecured Medium-Term Notes (the Notes), which are to be issued by Caterpillar Financial Services Limited (CFSL) on May 28, 2013.

The Notes have a 2.29% coupon and will mature on June 1, 2018. The Notes are expected to settle on May 28, 2013, and are to be issued under the $1.5 billion medium-term notes (unsecured) shelf prospectus filed on August 21, 2012.

The rating recognizes that the Notes issued are to be unconditionally guaranteed by Caterpillar Financial Services Corporation (CFSC), CFSL’s parent, and rank pari passu with all other senior unsecured debt of CFSL.

Note:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating Companies in the Industrial Products Industry, which can be found on our website under Methodologies.