Caterpillar signs USD 3.5 billion 364-day revolving credit facility with bank group
Reuters2026/09/01 16:11- Caterpillar signed a new unsecured $3.5 billion 364-day revolving credit facility on Aug. 27, 2026, expiring Aug. 26, 2027.
- The facility replaces the prior 2025 364-day facility.
- Separate amended and restated revolving facilities extend maturities to Aug. 27, 2029 for $3 billion and Aug. 27, 2031 for $5 billion.
- Facilities are for general corporate purposes; no borrowings were outstanding as of Aug. 27, 2026.
- Key covenants include minimum consolidated net worth of $9 billion; Cat Financial must meet interest coverage above 1.15x and leverage at or below 10x.
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