On June 8, 2018, Caterpillar Financial Services Limited announced the closing of its offering of i) $250,000,000 principal amount of 2.80% senior unsecured medium term notes due June 8, 2021; and (ii) $200,000,000 principal amount of floating rate medium term notes due 2019 (collectively, the “Notes”). The Notes are guaranteed by Caterpillar Financial Services Corporation. Osler acted for the dealers, TD Securities Inc. and RBC Dominion Securities Inc.
Caterpillar Financial Services Limited is an Ontario-based company that provides retail and wholesale financing alternatives for Caterpillar Inc.’s (Caterpillar) products in Canada. The company also provides notes receivable financing, including working capital loans that allow customers and dealers to use Caterpillar products as collateral to obtain financing for other business needs.
Osler, Hoskin & Harcourt LLP represented the dealers with a team consisting of Michael Innes, Arlene Mack, and Douglass Dawson (Corporate).
Team
Partner, Financial Services, Toronto
Partner, Chair: Corporate, Toronto
Associate, Corporate, Toronto
