# EDGAR Filing Document

**Accession Number:** 0000731288
**File Stem:** 0001193125-26-029868
**Filing Date:** 2026-1
**Character Count:** 6590
**Document Hash:** a6fea80a87af614511441adca0e97c2c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-029868.hdr.sgml**: 20260130

**ACCESSION NUMBER**: 0001193125-26-029868

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260130

**DATE AS OF CHANGE**: 20260129

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PACCAR FINANCIAL CORP
- **CENTRAL INDEX KEY:** 0000731288
- **STANDARD INDUSTRIAL CLASSIFICATION:** SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 916029712
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-283056
- **FILM NUMBER:** 26579919

**BUSINESS ADDRESS:**
- **STREET 1:** 777 106TH AVE N E
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98004
- **BUSINESS PHONE:** 425 468 7525

**MAIL ADDRESS:**
- **STREET 1:** 777 106TH AVE NE
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98004
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PACCAR FINANCIAL CORP
- **CENTRAL INDEX KEY:** 0000731288
- **STANDARD INDUSTRIAL CLASSIFICATION:** SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 916029712
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 777 106TH AVE N E
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98004
- **BUSINESS PHONE:** 425 468 7525

**MAIL ADDRESS:**
- **STREET 1:** 777 106TH AVE NE
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98004

---

| | |
|:---|:---|
| Final Term Sheet | **Filed Pursuant to Rule 433** |
| Medium-Term Notes, Series R – Fixed Rate<br> January 29, 2026 | **Registration No. 333-283056** |

---

**PACCAR Financial Corp.** 

Medium-Term Notes, Series R - Fixed Rate

**CUSIP** #**69371RU38**

(the "Notes")

We are hereby offering to sell Notes having the terms specified below to you with the assistance of:

☒ J.P. Morgan Securities LLC

☐ BNP Paribas Securities Corp.

☐ BofA Securities, Inc.

☐ ING Financial Markets LLC

☒ Mizuho Securities USA LLC

☐ MUFG Securities Americas Inc.

☐ PNC Capital Markets LLC

☐ RBC Capital Markets, LLC

☐ Santander US Capital Markets LLC

☐ SG Americas Securities, LLC

☒ SMBC Nikko Securities America, Inc.

☐ TD Securities (USA) LLC

☒ U.S. Bancorp Investments, Inc.

☒ Wells Fargo Securities, LLC

☐ Other:

Academy Securities, Inc.

Barclays Capital Inc.

Loop Capital Markets LLC

Scotia Capital (USA) Inc.

Siebert Williams Shank & Co., LLC

acting as ☒ principal ☐ agent

at: ☐ varying prices related to prevailing market prices at the time of resale

☒ a fixed initial public offering price of 99.958% of the Principal Amount.

---

| | |
|:---|:---|
| Principal Amount: $400,000,000 | Original Issue Date: February 5, 2026 (T+5) |
| Agent's Discount or Commission: 0.200% | Final Maturity Date: February 5, 2029 |
| Net Proceeds to Company: $399,032,000 | Interest Payment Dates: Semi-annually on each February 5 and August 5, commencing August 5, 2026<br>Record Dates: January 22 and July 22 preceding the applicable Interest Payment Date |
| Treasury Benchmark: 3.500% due January 15, 2029<br>Treasury Yield: 3.615%<br>Reoffer Spread: T+30 bps<br>Reoffer Yield: 3.915%<br>Interest Rate: 3.900% per annum | Treasury Benchmark: 3.500% due January 15, 2029<br>Treasury Yield: 3.615%<br>Reoffer Spread: T+30 bps<br>Reoffer Yield: 3.915%<br>Interest Rate: 3.900% per annum |

---

------

---

| | |
|:---|:---|
| Redemption: | Redemption: |
| ☒ | The Notes may not be redeemed prior to the Maturity Date. |
| ☐ | The Notes may be redeemed at our option prior to the Maturity Date. |
|  | Initial Redemption Date: |
|  | Initial Redemption Percentage: ____% |
|  | Annual Redemption Percentage Reduction:____% until Redemption Percentage is 100% of the Principal Amount. |
| Repayment: | Repayment: |
| ☒ | The Notes may not be repaid prior to the Maturity Date. |
| ☐ | The Notes may be repaid prior to the Maturity Date at the option of the holder of the Notes. |
|  | Option Repayment Date(s): |
| Currency: | Currency: |
|  | Specified Currency: USD (If other than U.S. dollars, see attached) |
|  | Minimum Denominations: ___________ (Applicable only if Specified Currency is other than U.S. dollars) |
|  | Exchange Rate Agent: ___________ (Applicable only if Specified Currency is other than U.S. dollars) |
| If Discount Note, check ☐<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Price: ____% | If Discount Note, check ☐<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Issue Price: ____% |
| Form: | ☒ Book-Entry ☐ Certificated |

---

Plan of Distribution:

---

| | | |
|:---|:---|:---|
| Name | Title | Principal Amount of Notes |
|  J.P. Morgan Securities LLC | Bookrunner | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68000000 |
|  Mizuho Securities USA LLC | Bookrunner | $68000000 |
|  SMBC Nikko Securities America, Inc. | Bookrunner | $68000000 |
|  U.S. Bancorp Investments, Inc. | Bookrunner | $68000000 |
|  Wells Fargo Securities, LLC | Bookrunner | $68000000 |
|  Academy Securities, Inc. | Co-Manager | $12000000 |
|  Barclays Capital Inc. | Co-Manager | $12000000 |
|  Loop Capital Markets LLC | Co-Manager | $12000000 |
|  Scotia Capital (USA) Inc. | Co-Manager | $12000000 |
|  Siebert Williams Shank & Co., LLC | Co-Manager | $12000000 |
|  Total |  | $400000000 |

---

Other Provisions:

N/A

**The issuer has filed a registration statement (including a prospectus) with the SEC for the offering 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 this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., U.S. Bancorp Investments, Inc., Wells Fargo Securities, LLC, or any dealer participating in the offering will arrange to send you the prospectus if you request it by contacting J.P. Morgan Securities LLC collect at 1-212-834-4533, Mizuho Securities USA LLC toll-free at 1-866-271-7403, SMBC Nikko Securities America, Inc. toll-free at 1-888-868-6856, U.S. Bancorp Investments, Inc. toll-free at 1-877-558-2607, or Wells Fargo Securities, LLC toll-free at 1-800-645-3751.**