Caterpillar sets 2 pct coupon rate on HK bond issue

HONG KONG, Nov 24 (BestGrowthStock) – U.S. heavy machinery maker
Caterpillar (CAT.N: ) has set a coupon rate of 2 percent for its
two-year, 1 billion yuan ($150 million) bond issue to be offered
in Hong Kong, sources said on Wednesday.

Goldman Sachs (GS.N: ) was lead underwriter.

IFR, a Thomson Reuters publication, had reported earlier in
November that the company intended to issue up to 2 billion yuan
in offshore bonds.
(Reporting by Michelle Chen; Editing by Will Waterman)

Caterpillar sets 2 pct coupon rate on HK bond issue