TEXT-S&P release on Paccar Inc

Newswire

(The following statement was released by the rating agency) Nov 25 - Standard & Poor's Ratings Services today said it has assigned its preliminary 'AA-' rating to PACCAR Inc.'s senior unsecured debt securities filed as part of a Rule 415 unlimited amount shelf registration. At the same time, Standard & Poor's assigned its 'AA-' rating to PACCAR's unlimited amount medium-term note (MTN) program. We expect proceeds from issuance under the MTN program to be used for general corporate ...

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