424B2 1 d394368d424b2.htm PRICING SUPPLEMENT Pricing Supplement

Pricing Supplement Dated August 9, 2012

(To Prospectus dated November 20, 2009 and

Prospectus Supplement dated November 20, 2009)

  

Filed Pursuant to Rule 424(b)(2)

Registration No. 333-163273

CALCULATION OF REGISTRATION FEE

 

 

Title of each class of securities offered  

Maximum
aggregate

offering price

 

Amount of

registration fee

Senior Debt Securities

  $300,000,000   $34,380

 

 

PACCAR Financial Corp.

Medium-Term Notes, Series M – Fixed Rate

CUSIP #69371RK88

(the “Notes”)

We are hereby offering to sell Notes having the terms specified below to you with the assistance of:

 

¨

  Barclays Capital Inc.

¨

  Citigroup Global Markets Inc.

¨

  BNP Paribas Securities Corp.

x

  Mitsubishi UFJ Securities (USA), Inc.

¨

  Goldman, Sachs & Co.

x

  J.P. Morgan Securities LLC

x

 

Other:

  ING Financial Markets LLC
    U.S. Bancorp Investments, Inc.
acting as x principal ¨ agent

 

at: ¨ varying prices related to prevailing market prices at the time of resale

 

     x a fixed initial public offering price of 99.905% of the Principal Amount.

 

Principal Amount: $300,000,000

   Original Issue Date: August 14, 2012 (T+3)

Agent’s Discount or Commission: 0.200%

   Final Maturity Date: August 14, 2015

Net Proceeds to Company: $299,115,000

  

Interest Payment Date(s): February 14 and August 14, commencing February 14, 2013

 

Record Dates: January 31 and July 31 preceding the applicable Interest Payment Date

Interest Rate: 0.750% per annum

Redemption:

 

x The Notes may not be redeemed prior to the Maturity Date.

 

¨ The Notes may be redeemed at our option prior to the Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage: ____%
Annual Redemption Percentage Reduction: ____% until Redemption Percentage is 100% of the Principal Amount.

Repayment:

 

x The Notes may not be repaid prior to the Maturity Date.

 

¨ The Notes may be repaid prior to the Maturity Date at the option of the holder of the Notes.
Option Repayment Date(s):


Currency:

Specified Currency: USD (If other than U.S. dollars, see attached)

Minimum Denominations: $1,000 and integral multiples of $1,000 in excess thereof

Exchange Rate Agent: (Applicable only if Specified Currency is other than U.S. dollars)

If Discount Note, check ¨

    Issue Price:                 %

Form:    x Book-Entry             ¨ Certificated

Plan of Distribution:

 

Name

  

Title

   Principal Amount of Notes  

J.P. Morgan Securities LLC

  

Bookrunner

   $ 125,000,000   

Mitsubishi UFJ Securities (USA), Inc.

  

Bookrunner

   $ 125,000,000   

ING Financial Markets LLC

  

Co-Manager

   $ 25,000,000   

U.S. Bancorp Investments, Inc.

  

Co-Manager

   $ 25,000,000   

Total

      $ 300,000,000.00   

Other Provisions: N/A