Caterpillar unit launches min A$150 mln 2012 notes

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SYDNEY, Nov 23 (Reuters) - Caterpillar Financial Australia
Limited (CFAL) has launched a new three-year medium-term note
issue of a minimum A$150 million ($138 million).

The notes are expected to price on or before Nov. 24, for
settlement on Dec. 1. Maturity is on Dec. 3, 2012. The issue is
expected to pay a margin of 165 basis points over the
government benchmark. Westpac and ANZ are leading the issue.

CFAL is a subsidiary of Caterpillar Financial Services
Corporation (Cat Financial), the guarantor of the notes. Cat
Financial is wholly-owned by Caterpillar Inc (CAT.N).

The principal business of CFAL is providing financing to
its customers for purchases of new and used construction,
commercial, mining, and other equipment manufactured by
Caterpillar.

(Reporting by Wayne Cole; Editing by )
((wayne.cole@reuters.com ; +61 2 9373 1813; Reuters Messaging:
wayne.cole.reuters.com@reuters.net))
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