Registration No. 333-35460 Rule 424 (b)(2)
Pricing Supplement No:308 Cusip:14912LP70
Dated: January 9, 2001
Caterpillar Financial Services Corporation
Medium-Term Notes, Series F
(Floating Rate)
With Maturities of 9 Months or More from Date of Issue
Principal Amount: Initial Interest Rate: Proceed Amount:
$50,000,000 5.96633% including the spread $49,875,000
Original Issue Date: Commission Fee: Maturity Date:
01/17/01 $125,000 01/30/2004
Dealer: Index Maturity: Spread +/-:
Goldman, Sachs & Co. Quarterly +25
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.
other than U.S. dollars): N/A
N/A
The Note is a: Exchange Rate Agent
X Global Note (if other than U.S.
Certificated Note Bank Trust, N.A.): N/A
(only applicable if
Specified Currency
is other than U.S. dollars) Spread Multiplier: N/A
Interest Rate Basis or Bases: 3 Month LIBOR + 25bps
LIBOR Source (only applicable if LIBOR Interest Rate Basis):
Reuters X Telerate
LIBOR Currency (only applicable if LIBOR Interest Rate Basis): U.S. Dollar
Maximum Interest Rate: N/A Interest Payment Period: Quarterly
Interest Payment Dates: Coupons will pay/reset on the 30th of October,January,
April,and July(or next good business
day) modified following convention.
Initial payment due 04/30/01.
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: Coupons will pay/reset on the 30th of October,January,
April, and July (or next good business
day) modified following convention.
Initial payment due 04/30/01.
Interest Determination Dates: Two London business days prior to the reset
date.
Calculation Agent (if other than U.S. Bank Trust, N.A.): 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 offered prior to the effective date of the
change. Prior to the date of this Pricing Supplement, $1,794.00MM principal
amount of the Notes had been sold at interest rates then in effect.
Additionally, the total principal amount of the Notes offered by Caterpillar
Financial Services Corporation pursuant to its Prospectus Supplement dated
June 1, 2000 and Prospectus dated May 11, 2000 has been reduced from $4,000.0
mm to $3,500.0 mm. $500 mm principal amount of debt securities registered
pursuant to Registration Statement No. 333-35460 are being offered by
Caterpillar Financial Services Corporation pursuant to its Prospectus
Supplement and Prospectus each dated September 8, 2000.
_________________________________
Pricing Supplement to Prospectus Supplement dated June 1, 2000
and Prospectus dated May 11, 2000.