New Issue: Paccar Financial prices $300 million 0.9% notes due 2024 at Treasuries plus 18 bps

By Wendy Van Sickle

Columbus, Ohio, Nov. 2 – Paccar Financial Corp. priced $300 million of 0.9% three-year notes at 99.994 to yield 0.902%, or Treasuries plus 18 basis points, on Tuesday, according to an FWP filing with the Securities and Exchange Commission.

BofA Securities, Inc., Mizuho Securities USA LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC were the bookrunners.

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

Issuer:	Paccar Financial Corp.
Issue:	Notes
Amount:	$300 million
Maturity:	Nov. 8, 2024
Bookrunners:	BofA Securities, Inc., Mizuho Securities USA LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC
Co-managers:	ANZ Securities, Inc., BNY Mellon Capital Markets, LLC, Loop Capital Markets LLC and Siebert Williams Shank & Co., LLC
Coupon:	0.9%
Price:	99.994
Yield:	0.902%
Spread:	Treasuries plus 18 bps
Trade date:	Nov. 2
Settlement date:	Nov. 8
Cusip:	69371RR57

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