Registration No. 33-54239 Rule 424 (b)(2)
Pricing Supplement No. 052
Dated: May 8, 1995
Caterpillar Financial Services Corporation
Medium-Term Notes, Series E
(Floating Rate)
With Maturities of 9 Months or More from Date of Issue
Principal Amount: Initial Interest Rate: Maturity Date:
$30,000,000. 6.2575% 11/12/96
Original Issue Date: Index Maturity: Spread +/-:
05/10/95 Quarterly +7.0 b.p.
Specified Currency: Option to Elect Payment Authorized Denominations
x U.S. dollars in U.S. dollars (only applicable if
_ Other:___________ (only applicable if Specified Currency is
Specified Currency is other than U.S.
The Note is a: other than U.S. dollars): dollars):
X Global Note N/A N/A
_ Certificated Note
(only applicable if
Specified Currency Exchange Rate Agent
is other than U.S. dollars) (if other than Morgan
Guaranty Trust Company
of New York): N/A
Spread Multiplier: N/A
Interest Rate Basis or Bases: 3 mo. LIBOR
LIBOR Source (only applicable if LIBOR Interest Rate Basis):
Reuters x Telerate
Maximum Interest Rate: N/A Interest Payment Period: Quarterly
Interest Payment Dates: The 10th day of each February, May, August and
November.
Minimum Interest Rate: N/A
Interest Rate Reset Option: _ Yes x No
Optional Reset Dates (only applicable if option to reset spread or spread
multiplier): N/A
Basis for Interest Rate Reset (only applicable if option to reset spread or
spread multiplier): N/A
Minimum Interest Rate: N/A Interest Payment Dates: N/A
Stated Maturity Extension Option: _ Yes X No
Extension Period(s) and Final Maturity Date (only applicable if option to
extend stated maturity): N/A
Basis for Interest Rate During Extension Period (only applicable if option to
extend stated maturity): N/A
Historical Exchange Rate (only applicable if Specified Currency other than
U.S. dollars): N/A
Interest Payment Dates: The 10th day of each February, May, August and
November.
Interest Determination Dates: Two London Business Days prior to each reset
date.
Calculation Agent (if other than Bank of America National Trust Company of
New York): N/A
Original Issue Discount Note: Total Amount of OID: N/A Terms of Amortizing
__ Yes x No Notes: N/A
Issue Price (expressed
as a percentage of
aggregate principal
amount): 100%
Redemption Date(s) (including Redemption Price(s): N/A
any applicable regular or
special record dates): N/A
Repayment Date(s) (including Repayment Price(s): N/A
any applicable regular or
special record dates): N/A
Other Terms: n/a
The interest rates on the Notes may be changed by Caterpillar Financial
Services Corporation from time to time, but any such change will not affect
the interest rate on any Note ordered prior to the effective date of the
change. Prior to the date of this Pricing Supplement, $830.60MM principal
amount of the Notes had been sold at interest rates then in effect.
Morgan Guarantee Trust Company of New York has resigned as Trustee under the
Indenture and as agent under the Determination Agency Agreement, the Issuing
and Calculation Agent Agreement and the Exchange Rate Agency Agreement
(together, the "Agency Agreements"). BankAmerica National Trust Company has
accepted appointment as successor trustee under the Indenture and is vested
with all of the rights, titles, interests, capacities, privileges duties and
responsibilities of the trustee under the Indenture. BankAmerica has also
accepted appointment as successor agent under the Agency Agreements and
assumes all of the duties and obligations of agent under the Agency
Agreements. BankAmerica National Trust Company's parent, Bank of America
National Trust and Savings Association maintains a banking relationship with
the Company and Caterpillar.
_________________________________
Pricing Supplement to Prospectus Supplement dated July 21, 1994
and Prospectus dated June 27, 1994