Cat Financial Floats $2 Billion of Medium Term Notes

According to recent SEC filings, Cat Financial has issued a series of fixed and floating rate medium term notes totaling $2 billion.

CAT Uncovers ‘Misconduct,’ Will Take $580MM Q4 Charge

Caterpillar said that an internal investigation of a subsidiary of a recently acquired Chinese company has uncovered “misconduct” that will result in a Q4/12 non-cash charge of $580 million.