PACCAR Financial launches four-year domestic deal

Thursday, 06 September 2018

On 6 September, PACCAR Financial (A+ by S&P), which provides financing for heavy-goods vehicles, launched a new, four-year domestic deal, with initial price guidance in the area of 85-90 basis points over semi-quarterly swap. The transaction, which is for minimum volume of A$100 million (US$71.9 million) is expected to price on the same day as launch, according to lead managers ANZ and Westpac Institutional Bank.