Caterpillar (CAT) Redeems Debt

Caterpillar Inc. (CAT) has redeemed notes issued earlier by Caterpillar Financial Services, for a total amount of $22.622 million. The company decided to redeem 100% of the remaining amount by exercising the call option. The notes that the company redeemed have coupon rate of 6.05%. The notes are maturing on October 15, 2027. Caterpillar has [...]