CATERPILLAR FINANCIAL SERVICES CORP: debt financing — Cat Financial enters three new revolving credit facilities totalling $11.5B, replacing prior facilities

CATERPILLAR FINANCIAL SERVICES CORP

$3.5B 364-day unsecured facility expires Aug 27, 2026; includes $100M each for Euro/Sterling and Yen borrowings.
$3.0B three-year facility expires Aug 28, 2028; $5.0B five-year facility expires Aug 28, 2030.
Financial covenants: Caterpillar net worth ≥$9B; Cat Financial interest coverage >1.15x, leverage ≤10.0x.
No borrowings drawn under any of the new facilities as of the report date.
Amended and restated prior August 2024 364-day facility and September 2022 three-year and five-year facilities.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CATERPILLAR FINANCIAL SERVICES CORP amended revolving credit of up to $3.0 billion maturing August 28, 2028.

Instrument: revolving credit
Principal: up to $3.0 billion
Maturity: August 28, 2028
Event: amendment

Exact text from the filing

extends the expiration date of the 2022 Three-Year Facility to August 28, 2028 and provides for an unsecured revolving credit facility to the Borrowers in an aggregate amount of up to $3.0 billion

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CATERPILLAR FINANCIAL SERVICES CORP incurred revolving credit of up to $3.5 billion with Citibank, N.A. maturing August 27, 2026.

Instrument: revolving credit
Principal: up to $3.5 billion
Counterparty: Citibank, N.A.
Maturity: August 27, 2026
Event: incurrence

Exact text from the filing

which provides an unsecured revolving credit facility to the Borrowers in an aggregate amount of up to $3.5 billion (the “364-Day Aggregate Commitment”) that expires on August 27, 2026.

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CATERPILLAR FINANCIAL SERVICES CORP amended revolving credit of up to $5.0 billion maturing August 28, 2030.

Instrument: revolving credit
Principal: up to $5.0 billion
Maturity: August 28, 2030
Event: amendment

Exact text from the filing

extends the expiration date of the 2022 Five-Year Facility to August 28, 2030 and provides for an unsecured revolving credit facility to the Borrowers in an aggregate amount of up to $5.0 billion

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Source: SEC EDGAR

accession 0001104659-25-087014

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