SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 of 15(d) of
the Securities Exchange Act of 1934
____________________________________
Date of Report (Date of earliest event reported): December 17, 1997
CATERPILLAR FINANCIAL SERVICES CORPORATION
(Exact name of Registrant as specified in charter)
Delaware
(State or other jurisdiction
of incorporation)
0-13295 _____37-1105865__________
(Commission File Number) (IRS Employer I.D. No.)
3322 West End Avenue, Nashville, TN 37203-0983
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (615)386-5800
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Item 5. Other Events
On December 17, 1997, the Registrant issued the press release attached
hereto as Exhibit 99.1 and incorporated herein by reference.
Item 7. Financial Statements, and Exhibits
(c) Exhibits
99.1 Press Release
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
CATERPILLAR FINANCIAL SERVICES CORPORATION
By
Edward J. Scott, Treasurer
DATE: December 18, 1997
<PAGE>
EXHIBIT INDEX
Exhibit
Number Description
99.1 Press Release
CATERPILLAR FINANCIAL ANNOUNCES EUROPEAN MEDIUM-TERM NOTE
PROGRAM
Caterpillar Financial Services Corporation (CFSC) today announced the
signing of a $1.5 billion European medium-term note program. This new
program will allow Caterpillar Financial to further support its international
operations and provide competitive financing alternatives.
CFSC and Caterpillar International Finance plc, its wholly owned
subsidiary in Ireland, are designated issuers under the program.
James S. Beard, vice president of Caterpillar Inc. and president of
Caterpillar Financial Services Corporation, said, "This program allows us to
further diversify our funding sources and support our continued international
expansion."
The notes, which will be sold to international investors, can be issued in
several currencies and are rated A2/Prime-1 by Moody's Investor Service and
A+/A-1 by Standard & Poor's. The notes issued by Caterpillar International
Finance plc are guaranteed by Caterpillar Financial Services Corporation.
Credit Suisse First Boston arranged the program and is a member of an
appointed dealer group that includes Barclays de Zoete Wedd Limited, Goldman
Sachs International, Merrill Lynch International, and UBS Limited.
Caterpillar Financial Services Corporation is a wholly owned subsidiary of
Caterpillar Inc. and provides a wide range of financing alternatives for
Caterpillar machinery and engines, Solar gas turbines, lift trucks manufactured
by Mitsubishi Caterpillar Forklift of America, Inc., and non-competitive
related products. The company provides financing to customers and dealers
around the world. Company headquarters are in Nashville, Tennessee.
For the first nine months of 1997, Caterpillar Financial Services
Corporation generated revenues of $577.9 million and net income of $71.9
million, an increase of 16.6% and 22.9%, respectively, over the same period last
year.
Caterpillar contact:
Dick Stober
Corporate Public Affairs
(309) 675-5548
