Registration No. 33-54239 Rule 424 (b)(2)
Pricing Supplement No. 044
Dated: March 16, 1995
Caterpillar Financial Services Corporation
Medium-Term Notes, Series E
(Fixed Rate)
With Maturities of 9 Months or More from Date of Issue
Interest payable each April 1 and October 1 and at Maturity
Principal Amount: Interest Rate: Maturity Date:
$20,000,000. 7.46% 10/15/97
Original Issue Date: Specified Currency Option to Elect
03/16/95 (if other than U.S. Payment in U.S. dollars
dollars): N/A (only applicable if
Specified Currency is
other than U.S. dollars):
N/A
The Note is a: Authorized Denominations
x Global Note (only applicable if
_ Certificated Note Specified Currency is other
(only applicable if than U.S. dollars): N/A
Specified Currency
is other than U.S.
dollars) Exchange Rate Agent
(if other than Morgan Guaranty
Trust Company of New York): N/A
Original Issue Total Amount of OID: N/A Terms of Amortizing
Discount Note: Notes: N/A
Yes x No 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
Interest Rate Reset Option: _ Yes X No
Optional Reset Dates (only applicable if option to reset interest rate): N/A
Basis for Interest Rate Reset (only applicable if option to reset interest
rate): 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
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.
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, $630.60MM principal
amount of the Notes had been sold at interest rates then in effect.
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Pricing Supplement to Prospectus Supplement dated July 21, 1994
and Prospectus dated June 27, 1994
