Caterpillar Sells $2 Billion Senior Notes

MT Newswires Live
05/16

Caterpillar (CAT) said Thursday it sold about $2 billion of senior notes following an underwritten offering.

The offering included $1.7 billion of 5.2% senior notes due 2035 and $300 million of 5.5% senior notes due 2055, according to a regulatory filing.

Net proceeds from the sale will be used for general corporate purposes, the filing showed.

Price: 349.22, Change: -0.44, Percent Change: -0.13

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