Paccar talks $300 million of three-year medium-term notes at Treasuries plus 50 bps area

By Cristal Cody

Tupelo, Miss., Aug. 4 – Paccar Financial Corp. (A1/A+) plans to price $300 million of three-year medium-term notes on Tuesday, according to a market source.

Initial price talk is in the Treasuries plus 50 basis points area.

BNP Paribas Securities Corp., Mizuho Securities USA LLC, RBC Capital Markets, LLC and SMBC Nikko Securities America, Inc. are the bookrunners.

Paccar Financial is a financing arm of Bellevue, Wash.-based Paccar Inc.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.