CATERPILLAR Financial Services Corp has set up a $1.5bn Euro-MTN programme in a bid to extend its medium to long term borrowing operations in the international capital markets. CFSC plans to be in the market in the first quarter of 1998. Established in Europe in 1991, Caterpillar has achieved strong growth in the region and will use the funds to finance its European operations.
December 19, 1997