-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EOGCAyJcW/HlgBXwICi6LO28t9qsnuWy9RmExtD6WF3AabMPCevCpovVaPBkiwNu qke9zQSJzZM+7qD/o1JyXQ== 0001104659-09-008335.txt : 20090211 0001104659-09-008335.hdr.sgml : 20090211 20090211153742 ACCESSION NUMBER: 0001104659-09-008335 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090211 DATE AS OF CHANGE: 20090211 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PACCAR INC CENTRAL INDEX KEY: 0000075362 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 910351110 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-155429 FILM NUMBER: 09589665 BUSINESS ADDRESS: STREET 1: PACCAR BUILDING STREET 2: 777 106TH AVENUE NE CITY: BELLEVUE STATE: WA ZIP: 98004 BUSINESS PHONE: 425 468 7383 MAIL ADDRESS: STREET 1: PACCAR BUILDING STREET 2: 777 106TH AVENUE NE CITY: BELLEVUE STATE: WA ZIP: 98004 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC CAR & FOUNDRY CO DATE OF NAME CHANGE: 19720707 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PACCAR INC CENTRAL INDEX KEY: 0000075362 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 910351110 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: PACCAR BUILDING STREET 2: 777 106TH AVENUE NE CITY: BELLEVUE STATE: WA ZIP: 98004 BUSINESS PHONE: 425 468 7383 MAIL ADDRESS: STREET 1: PACCAR BUILDING STREET 2: 777 106TH AVENUE NE CITY: BELLEVUE STATE: WA ZIP: 98004 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC CAR & FOUNDRY CO DATE OF NAME CHANGE: 19720707 FWP 1 a08-27471_6fwp.htm FWP

 

Filed pursuant to Rule 433(d)

Registration No. 333-155429

Dated February 10, 2009

 

PACCAR Inc

 

Medium-Term Notes, Series A

$250,000,000 6.375% Notes due 2012

$500,000,000 6.875% Notes due 2014

 

PRICING TERM SHEET

 

Medium-Term Notes, Series A

 

6.375% Notes due 2012

 

 

 

Issuer:

PACCAR Inc

 

 

Ratings:

A1/AA- (Moody’s/S&P)

 

 

Principal Amount:

$250,000,000

 

 

Maturity Date:

February 15, 2012

 

 

Trade Date:

February 10, 2009

 

 

Original Issue Date (Settlement):

February 13, 2009

 

 

Issue Price (Price to Public):

99.892%

 

 

Interest Rate:

6.375% per annum

 

 

Yield to Maturity:

6.415%

 

 

Interest Payment Dates:

Semi-annually, each February 15 and August 15, commencing August 15, 2009

 

 

Treasury Benchmark:

UST 1.125% due January 15, 2012

 

 

Spread to Benchmark:

500 bps

 

 

Benchmark Yield:

1.415%

 

 

Optional Redemption:

Make Whole call as set forth in the preliminary pricing supplement (treasury rate plus 50 basis points)

 

 

Change of Control:

Upon the occurrence of a Change of Control Triggering Event (as defined in the preliminary pricing supplement to which this pricing term sheet relates), PACCAR Inc will be required to make an offer to purchase the notes due 2012 at a price equal to 101% of their aggregate principal amount, plus accrued and unpaid interest, if any, to but not including the date of repurchase

 

 

Minimum Denomination:

$2,000 and integral multiples of $1,000 in excess thereof

 

 

CUSIP:

69373UAB3

 

 

ISIN:

US69373UAB35

 


 

Joint Book-Running Managers:

Banc of America Securities LLC

 

Barclays Capital Inc.

 

Citigroup Global Markets Inc.

 

 

Co-Managers:

ANZ Securities Inc.

 

BNP Paribas Securities Corp.

 

HSBC Securities USA Inc.

 

Mitsubishi UFJ Securities International plc

 

RBC Capital Markets Corporation

 

 

Global Settlement:

Through The Depository Trust Company and its direct and indirect participants, including Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme, Luxembourg

 

 

Medium-Term Notes, Series A

 

6.875% Notes due 2014

 

 

 

Issuer:

PACCAR Inc

 

 

Ratings:

A1/AA- (Moody’s/S&P)

 

 

Principal Amount:

$500,000,000

 

 

Maturity Date:

February 15, 2014

 

 

Trade Date:

February 10, 2009

 

 

Original Issue Date (Settlement):

February 13, 2009

 

 

Issue Price (Price to Public):

99.974%

 

 

Interest Rate:

6.875% per annum

 

 

Yield to Maturity:

6.881%

 

 

Interest Payment Dates:

Semi-annually, each February 15 and August 15, commencing August 15, 2009

 

 

Treasury Benchmark:

UST 1.75% due January 31, 2014

 

 

Spread to Benchmark:

500 bps

 

 

Benchmark Yield:

1.881%

 

 

Optional Redemption:

Make Whole call as set forth in the preliminary prospectus supplement (treasury rate plus 50 basis points)

 

 

Change of Control:

Upon the occurrence of a Change of Control Triggering Event (as defined in the preliminary pricing supplement to which this pricing term sheet relates), PACCAR Inc will be required to make an offer to purchase the notes due 2014 at a price equal to 101% of their aggregate principal amount, plus accrued and unpaid interest, if any, to but not including the date of repurchase

 

 

Minimum Denomination:

$2,000 and integral multiples of $1,000 in excess thereof

 

2


 

CUSIP:

69373UAA5

 

 

ISIN:

US69373UAA51

 

 

Joint Book-Running Managers:

Banc of America Securities LLC

 

Barclays Capital Inc.

 

Citigroup Global Markets Inc.

 

 

Co-Managers:

ANZ Securities Inc.

 

BNP Paribas Securities Corp.

 

HSBC Securities USA Inc.

 

Mitsubishi UFJ Securities International plc

 

RBC Capital Markets Corporation

 

 

Global Settlement:

Through The Depository Trust Company and its direct and indirect participants, including Euroclear Bank S.A./N.Y. and Clearstream Banking, société anonyme, Luxembourg

 

Mitsubishi UFJ Securities International plc is not a U.S. registered broker-dealer and, therefore, to the extent that it intends to effect any sales of the notes in the United States, it will do so through one or more U.S. registered broker-dealers as permitted by FINRA regulations.

 

None of the securities ratings is a recommendation to buy, sell or hold the notes.  Each rating may be subject to revision or withdrawal at any time, and should be evaluated independently of any other rating.

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offerings to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and these offerings. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offerings will arrange to send you the prospectus if you request it by calling Banc of America Securities LLC toll free at 800-294-1322, Barclays Capital Inc. toll free at 888-227-2275, ext 2663, or Citigroup Global Markets Inc. toll free at 877-858-5407.

 

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