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Filed under Rule 424(b)(3)
File No. 333-63153
SUPPLEMENT NO. 23 TO PROSPECTUS DATED SEPTEMBER 21, 1998
(AS SUPPLEMENTED SEPTEMBER 21, 1998)
PACCAR FINANCIAL CORP.
MEDIUM-TERM NOTES, SERIES I
PRINCIPAL AMOUNT: $30,000,000
ORIGINAL ISSUE DATE: 9/1/99
MATURITY DATE: 8/31/01
INITIAL INTEREST RATE: To be Determined
INTEREST RATE INDEX: 3-Month LIBOR
SPREAD: Plus 22 Basis Points
INDEX SOURCE: Telerate page 3750
INDEX RESET FREQUENCY: Quarterly on the 1st
INTEREST PAYMENT PERIOD: Quarterly
INTEREST PAYMENT DATES: Quarterly on the 1st Subject to Modified
Business Day Convention as Defined by ISDA
ISSUE PRICE: 100.00%
PROCEEDS TO COMPANY: $29,925,000
COMMISSION/DISCOUNT: 0.25%
DAY COUNT CONVENTION: Actual / 360
FORM OF NOTE (CHECK ONE): Book-Entry [ X ]
Certificate [ ]
AGENT/UNDERWRITER: Lehman Brothers
DATED: AUGUST 25, 1999
