Filed Pursuant to Rule 424(b)(3)
Registration No. 333-155429
CALCULATION OF REGISTRATION FEE
| Title of Each Class of Securities Offered | Maximum Aggregate Offering Price | Amount of Registration Fee | ||
| Senior Debt Securities |
$120,000,000 | $6,696 | ||
PRICING SUPPLEMENT
(To Prospectus dated November 18, 2008 and
Prospectus Supplement dated November 18, 2008)
PACCAR INC
Medium-Term Notes, Series A – Floating Rate
CUSIP# 69373UAC1
(the “Notes”)
We are hereby offering to sell Notes having the terms specified below to you with the assistance of:
¨ Banc of America Securities LLC
¨ Barclays Capital Inc.
¨ Citigroup Global Markets Inc.
x Other: Goldman, Sachs & Co.
acting as x principal ¨ agent
at: ¨ varying prices related to prevailing market prices at the time of resale x a fixed initial public offering price of 100% of the Principal Amount.
| Principal Amount: $120,000,000 | Original Issue Date: | September 16, 2009 | ||
| Agent’s Discount or Commission: 0.25% | Final Maturity Date: | September 14, 2012 | ||
| Net Proceeds to Company: $119,700,000 | Interest Payment Date(s): | March 14, June 14, September 14 and December 14, commencing December 14, 2009 | ||
Calculation Agent:
Interest Calculation:
| x Regular Floating Rate Note |
¨ Floating Rate/Fixed Rate Note | |
| ¨ Inverse Floating Rate Note |
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| ¨ Other Floating Rate Note (see attached) |
Initial Interest Reset Date: September 14, 2009
Interest Reset Date(s): March 14, June 14, September 14 and December 14
Interest Rate Basis:
| ¨ CD Rate |
¨ Federal Funds Rate |
¨ Prime Rate | ||
| ¨ Commercial Paper Rate |
x LIBOR |
¨ Treasury Rate | ||
| ¨ CMT Rate |
Designated LIBOR Page: |
¨ Other (see attached) | ||
| ¨ Reuters Page FRBCMT |
x Reuters Page LIBOR 01 |
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| ¨ Reuters Page FEDCMT |
¨ Reuters Page LIBOR 02 |
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| If Reuters Page FEDCMT: |
Designated LIBOR Currency: |
|||
| ¨ Weekly Average |
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| ¨ Monthly Average |
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Index Maturity: 3 Month LIBOR
Spread (+/-): +1.174%
Spread Multiplier: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Day Count Convention:
| ¨ | 30/360 for the period from to . |
| x | Actual/360 for the period from September 16, 2009 to September 14, 2012. |
| ¨ | Actual/Actual for the period from to . |
Redemption:
| x | The Notes may not be redeemed prior to the Maturity Date. |
| ¨ | The Notes may be redeemed at our option prior to Maturity Date. |
Initial Redemption Date:
Initial Redemption Percentage: %
Annual Redemption Percentage Reduction: % until Redemption Percentage is 100% of the Principal Amount.
| ¨ | The Notes shall be redeemed by us prior to the Maturity Date (see attached). |
Repayment:
| x | 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:
Specified Currency: USD (If other than U.S. dollars see attached)
Minimum Denominations: $2,000 and integral multiples of $1,000 in excess thereof
Exchange Rate Agent: (Applicable only if Specified Currency is other than U.S. dollars)
If Discount Note, check ¨
Issue Price: %
Form: x Book-Entry ¨ Certificated
Other Provisions: N/A