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 $200 million senior unsecured Medium-Term Notes (the Notes) issued by Caterpillar Financial Services Limited (CFSL).

The $200 million 2.12% Notes are expected to settle on November 25, 2013, and will mature on November 25, 2016. The Notes are to be issued under the $1.5 billion shelf prospectus filed on August 21, 2012.

The rating recognizes that the Notes are unconditionally guaranteed by Caterpillar Financial Services Corporation, 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.