| Pricing Supplement Dated November 8 | Filed Pursuant to Rule 424(b)(2) | |
| (To Prospectus dated November 7 | Registration No. 333-184808 | |
| Prospectus Supplement dated November 7) |
CALCULATION OF REGISTRATION FEE
Title of Each Class of Securities Offered | Maximum Aggregate Offering Price | Amount of Registration Fee | ||
Senior Debt Securities | $250,000,000 | $34,100 |
PACCAR Financial Corp.
Medium-Term Notes, Series N – Fixed Rate
CUSIP # 69371RK96
(the “Notes”)
We are hereby offering to sell Notes having the terms specified below to you with the assistance of:
x Barclays Capital Inc.
¨ Citigroup Global Markets Inc.
x Mitsubishi UFJ Securities (USA), Inc.
x BNP Paribas Securities Corp.
¨ J.P. Morgan Securities LLC
¨ Goldman, Sachs & Co.
x Other: RBC Capital Markets, LLC
acting as x principal ¨ agent
at:¨ varying prices related to prevailing market prices at the time of resale
x a fixed initial public offering price of 99.947% of the Principal Amount.
| Principal Amount: $250,000,000 | Original Issue Date: November 16, 2012 (T+5) | |
| Agent’s Discount or Commission: 0.200% | Final Maturity Date: November 16, 2015 | |
| Net Proceeds to Company: $249,367,500 | Interest Payment Date(s): May 16 and November 16, commencing May 16, 2013
Record Dates: May 1 and November 1 preceding the applicable Interest Payment Date | |
| Interest Rate: 0.700% per annum | ||||||||
| Redemption: | ||||||||
| x | The Notes may not be redeemed prior to the Maturity Date. | |||||||
| ¨ | The Notes may be redeemed at our option prior to the Maturity Date. | |||||||
| Initial Redemption Date: | ||
| Initial Redemption Percentage: % | ||
| Annual Redemption Percentage Reduction: % until Redemption Percentage is 100% of the Principal Amount. | ||
| Repayment: | ||
| x | The Notes may not be repaid prior to the Maturity Date. | |
| ¨ | The Notes may be repaid prior to the Maturity Date at the option of the holder of the Notes. Option Repayment Date(s): | |
| Currency: |
Specified Currency: USD (If other than U.S. dollars, see attached) |
Minimum Denominations: $1,000 and integral multiples of $1,000 in excess thereof |
Exchange Rate Agent: (Applicable only if Specified Currency is other than U.S. dollars) |
If Discount Note, check ¨ Issue Price: % |
| Form: x Book-Entry ¨ Certificated |
Plan of Distribution:
Name | Title | Principal Amount of Notes | ||||
Barclays Capital Inc. | Bookrunner | $ | 100,000,000 | |||
BNP Paribas Securities Corp. | Bookrunner | $ | 100,000,000 | |||
Mitsubishi UFJ Securities (USA), Inc. | Co-Manager | $ | 25,000,000 | |||
RBC Capital Markets, LLC | Co-Manager | $ | 25,000,000 | |||
|
| |||||
Total | $ | 250,000,000 | ||||
|
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Other Provisions: N/A
