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PACCAR FINL 20/25 MTN

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Overview
Analysis

Key terms


Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
1.80% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.56%
Maturity date
Feb 6, 2025
Term to maturity
1 month

About PACCAR FINL 20/25 MTN


Issuer
PACCAR Financial Corp.
Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Feb 6, 2020
PACCAR Financial Corp. provides financing of manufactured trucks and related equipment sold by authorized dealers. It also finances dealer inventories of transportation equipment and franchises Kenworth and Peterbilt dealerships to engage in full-service and finance leasing. The firm operates through two segments: Retail and Wholesale. The Retail segment consists of retail loans and finance leases, net of unearned interest. The Wholesale segment consists of truck inventory financing loans to dealers that are collateralized by trucks and other collateral. The company was founded on March 31, 1961 and is headquartered in Bellevue, WA.
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