ofspring
9 년 전
Pricing of CNH Industrial Capital LLC $600 million notes
London, November 3, 2015
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $600 million in aggregate principal amount of 4.375% notes due 2020, issued at an issue price of 99.446%. The offering is expected to close on November 6, 2015.
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CNH Industrial Capital LLC intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including, among other things, the purchase of receivables or other assets in the ordinary course of business. The net proceeds may also be applied to repay CNH Industrial Capital LLC’s indebtedness as it becomes due.
The notes, which are senior unsecured obligations of CNH Industrial Capital LLC, will pay interest semi-annually on May 6 and November 6 of each year, beginning on May 6, 2016, and will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Industrial Capital LLC. The notes will mature on November 6, 2020.
Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Deutsche Bank Securities Inc. and RBS Securities Inc. are acting as the joint book-running managers and underwriters for the offering. The offering is being made pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission on September 11, 2015. Copies of the preliminary prospectus supplement and the accompanying prospectus for the offering may be obtained by contacting Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Englewood, NY 11717, Telephone: +1(888) 603-5847, E-mail: Barclaysprospectus@broadridge.com; Credit Agricole Securities (USA) Inc., 1301 Avenue of the Americas, 17th Floor, New York, NY 10019, Telephone: +1(866) 807-6030, E-mail: DCM.originationny@ca-cib.com; Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, Telephone: +1(800) 503-4611, E-mail: prospectus.CPDG@db.com; or RBS Securities Inc., 600 Washington Boulevard, Stamford, CT 06901, Attention: Debt Capital Markets Syndicate, Telephone: +1(866) 884-2071. Copies of the preliminary prospectus supplement and the accompanying prospectus for the offering are also available on the website of the U.S. Securities and Exchange Commission at http://www.sec.gov.
ofspring
10 년 전
Buyers' market for farm equipment
Feb 23, 2015 by Jodie Wehrspann in Farm Industry News Blog
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50th National Farm Machinery Show draws huge crowd
With farm budgets tight and commodity prices down, 2015 is shaping up to buyers’ market for farm equipment. At the 2015 National Farm Machinery Show in Louisville, KY, this month, all of the major OEMs, along with some short-line companies, had signs up advertising deals on new and used equipment. These special promotions include interest-free or low-interest financing on new and used equipment, cash back bonuses, and certified pre-owned reconditioning programs.
Most of these deals end in the next month or two. Here are links to a few of the companies’ financing packages to save you some keystrokes when comparison shopping.
John Deere https://www.deere.com/en_US/buying_and_finance/usa/special_offers/index.page
Case IH visit http://www.caseih.com/en_us/Special-Offers/Pages/Special-Offers.aspx
Claas http://www.claasofamerica.com/sales-financing/special-offers/lexion-buy-lease-offer-us
Agco (Challenger, Massey Ferguson, Fendt, Gleaner, etc.) http://www.agcofinance.com/naen/specialoffers.htm
New Holland http://agriculture.newholland.com/us/en/FinancialServices/Special-Offers/Pages/special-offers.aspx
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