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Caterpillar International Finance, guaranteed by Caterpillar Finances Services Corp., is planning to sell a three-year, euro-denominated bond, one of the banks running the deal said Wednesday.
Price guidance on the benchmark-sized bond was set at 45-50 basis points over midswaps.
The Royal Bank of Scotland and Societe Generale are bookrunners on the issue, which is expected to price later Wednesday.
The issuer is rated A2 by Moody's and A by Standard and Poor's Corp.
-By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; firstname.lastname@example.org