Caterpillar Financial Services Corp., founded in 1981 and headquartered in Nashville, Tennessee, serves as the financing arm of Caterpillar Inc., a global leader in construction and mining equipment. The company provides a range of financial solutions including equipment financing, leasing options, and insurance services to help customers acquire machinery and manage costs effectively.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Caterpillar Financial began issuing bonds in 1993, establishing itself as a prominent player in the fixed-income market. Notably, in 2020, the company issued $1 billion in bonds to support its financing activities and meet rising market demand. Current yields on Caterpillar Financial's bonds are competitive with industry averages, reflecting investor confidence and the company's strong credit rating. Unique features of its bond offerings often include callable options, allowing the company flexibility in managing its debt portfolio.