# EDGAR Filing Document

**Accession Number:** 0000764764
**File Stem:** 0001104659-25-076245
**Filing Date:** 2025-8
**Character Count:** 15642
**Document Hash:** 7ed4e944e22b88336a9e4644a3174765
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-076245.hdr.sgml**: 20250811

**ACCESSION NUMBER**: 0001104659-25-076245

**CONFORMED SUBMISSION TYPE**: 424B3

**PUBLIC DOCUMENT COUNT**: 12

**FILED AS OF DATE**: 20250811

**DATE AS OF CHANGE**: 20250811

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CATERPILLAR FINANCIAL SERVICES CORP
- **CENTRAL INDEX KEY:** 0000764764
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISCELLANEOUS BUSINESS CREDIT INSTITUTION [6159]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 371105865
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424B3
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-270934
- **FILM NUMBER:** 251203135

**BUSINESS ADDRESS:**
- **STREET 1:** 2120 WEST END AVE
- **CITY:** NASHVILLE
- **STATE:** TN
- **ZIP:** 37203
- **BUSINESS PHONE:** 6153411000

**MAIL ADDRESS:**
- **STREET 1:** 2120 WEST END AVENUE
- **CITY:** NASHVILLE
- **STATE:** TN
- **ZIP:** 37203

**Filed Pursuant to Rule 424(b)(3)**

**Registration No. 333-270934**

PRICING SUPPLEMENT NO. 27

Dated August 11, 2025 to

PROSPECTUS SUPPLEMENT

Dated March 29, 2023 and

PROSPECTUS

Dated March 29, 2023

CATERPILLAR FINANCIAL SERVICES CORPORATION

MEDIUM-TERM NOTES, SERIES K, FLOATING RATE NOTES DUE 2028

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Subject** | &nbsp;&nbsp;**Final Pricing Details** |
| &nbsp;&nbsp;Issuer: | &nbsp;&nbsp;Caterpillar Financial Services Corporation |
| &nbsp;&nbsp;Title of Securities: | &nbsp;&nbsp;Medium-Term Notes, Series K, Floating Rate Notes Due 2028 |
| &nbsp;&nbsp;Form of Security: | &nbsp;&nbsp;Global Note |
| &nbsp;&nbsp;Format: | &nbsp;&nbsp;SEC Registered-Registration Statement Number 333-270934 |
| &nbsp;&nbsp;Trade Date/Pricing Effective Time: | &nbsp;&nbsp;August 11, 2025 |
| &nbsp;&nbsp;Settlement Date (Original Issue Date): | &nbsp;&nbsp;August 15, 2025, which is the fourth business day following the Trade Date. Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in one business day, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Medium-Term Notes on any date prior to one business day before delivery will be required, because the Medium-Term Notes will not initially settle in T+1, to specify an alternative settlement date at the time of such trade to prevent a failed settlement and should consult their own advisors. |
| &nbsp;&nbsp;Maturity Date: | &nbsp;&nbsp;August 15, 2028 |
| &nbsp;&nbsp;Principal Amount: | &nbsp;&nbsp;$700000000 |
| &nbsp;&nbsp;Price to Public (Issue Price): | &nbsp;&nbsp;100.000% |
| &nbsp;&nbsp;Dealers' Commission: | &nbsp;&nbsp;0.225% (22.5 basis points) |
| &nbsp;&nbsp;All-in-price: | &nbsp;&nbsp;99.775% |
| &nbsp;&nbsp;Net Proceeds to Issuer: | &nbsp;&nbsp;$698425000 |
| &nbsp;&nbsp;Interest Rate Basis (Benchmark): | &nbsp;&nbsp;Compounded SOFR (as defined in the Prospectus Supplement dated March 29, 2023) |
| &nbsp;&nbsp;Index Currency: | &nbsp;&nbsp;U.S. Dollars |
| &nbsp;&nbsp;Spread (Plus or Minus): | &nbsp;&nbsp;+64.0 basis points (0.640%) |
| &nbsp;&nbsp;Spread Multiplier: | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Spread/Spread Multiplier Reset Option: | &nbsp;&nbsp;N/A |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;Optional Reset Dates (only applicable if option to reset spread or spread multiplier): | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Basis for Interest Rate Reset (only applicable if option to reset spread or spread multiplier): | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Specified Currency: | &nbsp;&nbsp;U.S. Dollars |
| &nbsp;&nbsp;Option to Elect Payment in U.S. Dollars (only applicable if Specified Currency is other than U.S. Dollars): | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Authorized Denominations (only applicable if Specified Currency is other than U.S. Dollars): | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Historical Exchange Rate (only applicable if Specified Currency is other than U.S. Dollars): | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Maximum Interest Rate: | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Minimum Interest Rate: | &nbsp;&nbsp;0.000% |
| &nbsp;&nbsp;Initial Interest Rate: | &nbsp;&nbsp;Compounded SOFR determined on November 13, 2025 plus the Spread, accruing from and including August 15, 2025 to but excluding the first Interest Payment Date, calculated as described in the Prospectus Supplement dated March 29, 2023 |
| &nbsp;&nbsp;Interest Reset Periods and Dates: | &nbsp;&nbsp;Quarterly on the 15<sup>th</sup> of February, May, August and November of each year prior to the Maturity Date, calculated as described in the Prospectus Supplement dated March 29, 2023 |
| &nbsp;&nbsp;Interest Determination Dates: | &nbsp;&nbsp;Quarterly, two (2) U.S. Government Securities Business Days (as defined in the Prospectus Supplement dated March 29, 2023) prior to each Interest Payment Date |
| &nbsp;&nbsp;Interest Payment Dates: | &nbsp;&nbsp;Interest will be paid quarterly on the 15<sup>th</sup> of February, May, August and November commencing November 15, 2025 and ending on the Maturity Date |
| &nbsp;&nbsp;Interest Period: | &nbsp;&nbsp;The period from and including an Interest Payment Date (or, in the case of the first Interest Period, the Settlement Date) to, but excluding, the next Interest Payment Date (or, in the case of the final Interest Period, the Maturity Date) |
| &nbsp;&nbsp;Observation Period: | &nbsp;&nbsp;The period from and including two U.S. Government Securities Business Days preceding an Interest Payment Date to but excluding two U.S. Government Securities Business Days preceding the next Interest Payment Date, provided that the first Observation Period shall be from and including two U.S. Government Securities Business Days preceding the Settlement Date to but excluding two U.S. Government Securities Business Days preceding the first Interest Payment Date |
| &nbsp;&nbsp;Stated Maturity Extension Option: | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Extension Period(s) and Final Maturity Date (only applicable if option to extend stated maturity): | &nbsp;&nbsp;N/A |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;Basis for Interest Rate During Extension Period (only applicable if option to extend stated maturity): | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Original Issue Discount Note: | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Total Amount of OID: | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Terms of Amortizing Notes: | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Redemption Date(s): | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Redemption Price: | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Repayment Date(s): | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Repayment Price(s): | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Day Count Convention: | &nbsp;&nbsp;Actual/360 |
| &nbsp;&nbsp;Business Days: | &nbsp;&nbsp;New York and U.S. Government Securities Business Day |
| &nbsp;&nbsp;Denominations: | &nbsp;&nbsp;Minimum denominations of $1,000 with increments of $1,000 thereafter |
| &nbsp;&nbsp;Joint Lead Managers & Bookrunners: | &nbsp;&nbsp;BofA Securities, Inc. (23.33%) |
|  | &nbsp;&nbsp;Citigroup Global Markets Inc. (23.34%) |
|  | &nbsp;&nbsp;MUFG Securities Americas Inc. (23.33%) |
| &nbsp;&nbsp;Co-Managers: | &nbsp;&nbsp;BNP Paribas Securities Corp. (2.36%) |
|  | &nbsp;&nbsp;HSBC Securities (USA) Inc. (2.36%) |
|  | &nbsp;&nbsp;ING Financial Markets LLC (2.36%) |
|  | &nbsp;&nbsp;Lloyds Securities Inc. (2.36%) |
|  | &nbsp;&nbsp;TD Securities (USA) LLC (2.36%) |
|  | &nbsp;&nbsp;U.S. Bancorp Investments, Inc. (2.36%) |
|  | &nbsp;&nbsp;Academy Securities, Inc. (2.09%) |
|  | &nbsp;&nbsp;Commerz Markets LLC (1.81%) |
|  | &nbsp;&nbsp;Scotia Capital (USA) Inc. (1.67%) |
|  | &nbsp;&nbsp;Standard Chartered Bank (1.53%) |
|  | &nbsp;&nbsp;Wells Fargo Securities, LLC (1.53%) |
|  | &nbsp;&nbsp;SMBC Nikko Securities America, Inc. (1.39%) |
|  | &nbsp;&nbsp;ANZ Securities, Inc. (0.83%) |
|  | &nbsp;&nbsp;ICBC Standard Bank Plc (0.83%) |
|  | &nbsp;&nbsp;Siebert Williams Shank & Co (0.83%) |
|  | &nbsp;&nbsp;Santander US Capital Markets LLC (0.83%) |
|  | &nbsp;&nbsp;BBVA Securities Inc. (0.69%) |
|  | &nbsp;&nbsp;Mischler Financial Group, Inc. (0.69%) |
|  | &nbsp;&nbsp;Itau BBA USA Securities, Inc. (0.56%) |
|  | &nbsp;&nbsp;Westpac Capital Markets LLC (0.56%) |
| &nbsp;&nbsp;Billing and Delivery Agent: | &nbsp;&nbsp;MUFG Securities Americas Inc. |
| &nbsp;&nbsp;Exchange Rate Agent: | &nbsp;&nbsp;U.S. Bank Trust National Association |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;Calculation Agent: | &nbsp;&nbsp;U.S. Bank Trust National Association |
| &nbsp;&nbsp;CUSIP: | &nbsp;&nbsp;14913UBC3 |
| &nbsp;&nbsp;*No PRIIPs KID* - No EU PRIIPs key information document (KID) or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or UK. | &nbsp;&nbsp;*No PRIIPs KID* - No EU PRIIPs key information document (KID) or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or UK. |
| &nbsp;&nbsp;**CAPITALIZED TERMS USED HEREIN WHICH ARE DEFINED IN THE PROSPECTUS SUPPLEMENT SHALL HAVE THE MEANINGS ASCRIBED THERETO IN THE PROSPECTUS SUPPLEMENT. THE INTEREST RATES ON THE NOTES MAY BE CHANGED BY CATERPILLAR FINANCIAL SERVICES CORPORATION FROM TIME TO TIME, BUT ANY SUCH CHANGE WILL NOT AFFECT THE INTEREST RATE ON ANY NOTES OFFERED PRIOR TO THE EFFECTIVE DATE OF THE CHANGE.** | &nbsp;&nbsp;**CAPITALIZED TERMS USED HEREIN WHICH ARE DEFINED IN THE PROSPECTUS SUPPLEMENT SHALL HAVE THE MEANINGS ASCRIBED THERETO IN THE PROSPECTUS SUPPLEMENT. THE INTEREST RATES ON THE NOTES MAY BE CHANGED BY CATERPILLAR FINANCIAL SERVICES CORPORATION FROM TIME TO TIME, BUT ANY SUCH CHANGE WILL NOT AFFECT THE INTEREST RATE ON ANY NOTES OFFERED PRIOR TO THE EFFECTIVE DATE OF THE CHANGE.** |

---

## Ex-Filing

?xml version='1.0' encoding='ASCII'? EX-FILING FEES

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Calculation of Filing Fee Tables**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **S-3**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **CATERPILLAR FINANCIAL SERVICES CORP**  |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Class Title**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fee Calculation or Carry Forward Rule**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Maximum Aggregate Offering Price**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fee Rate**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Registration Fee**  |
| **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** |
| Fees to be Paid | 1 | Debt | Medium-Term Notes, Series K, Floating Rate Notes due 2028 | 457(r) | $700000000.00 | 0.0001531 | $107170.00 |
| Fees Previously Paid |  |  |  |  |  |  |  |
| **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** |
| Carry Forward Securities |  |  |  |  |  |  |  |
|  |  |  | Total Offering Amounts: | Total Offering Amounts: | $700000000.00  |  | $107170.00  |
|  |  |  | Total Fees Previously Paid:  | Total Fees Previously Paid:  |  |  | $0.00  |
|  |  |  | Total Fee Offsets:  | Total Fee Offsets:  |  |  | $0.00  |
|  |  |  | Net Fee Due:  | Net Fee Due:  |  |  | $107170.00  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Offering Note** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> Calculated in accordance with Rule 457(r) under the Securities Act of 1933 and relates to the Registration Statement on Form S-3 (No. 333-270934) filed by Caterpillar Financial Services Corporation on March 29, 2023.

---

| | |
|:---|:---|
| | |
| **Rules 457(b) and 0-11(a)(2)** | **Rules 457(b) and 0-11(a)(2)** |
| Fee Offset Claims | N/A |
| Fee Offset Sources | N/A |
| **Rule 457(p)** | **Rule 457(p)** |
| Fee Offset Claims | N/A |
| Fee Offset Sources | N/A |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Class Title**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Securities Previously Registered**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Maximum Aggregate Offering Price of Securities Previously Registered**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Form Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **File Number**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Initial Effective Date**  |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

---