Press release
109KB
september 24, 2021 - CNH Industrial
Pricing of CNH Industrial Capital Canada Ltd. CAD$ 300 million notes
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its indirect wholly owned subsidiary, #cnhindustrial Capital Canada Ltd., has priced CAD$ 300 million in aggregate principal amount of 1.50% notes due October 1, 2024, with an issue price of 99.936%. The notes are being offered on a private placement basis to certain accredited investors in each of the provinces of Canada, which offering is expected to close on September 28, 2021, subject to the satisfaction of customary closing conditions.
CNH Industrial Capital Canada Ltd. 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 #cnhindustrial Capital Canada Ltd.’s indebtedness as it becomes due.
The notes, which are senior unsecured obligations of #cnhindustrial Capital Canada Ltd., will pay interest semi-annually on April 1 and October 1 of each year, beginning on April 1, 2022, and will be guaranteed by CNH Industrial Capital LLC, CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each an indirect wholly owned subsidiary of #cnhindustrial N.V.
Related news |
||
|
|
|
april 19, 2024
|
february 14, 2024
|
january 23, 2024
|
|
Red Dot Design award win for newest STEYR tractor range / Recognizes innovative look of 80-117hp line / Styling incorporates pract... |
The following is an extract from the press release. “CNH Industrial N.V. Reports Fourth Quarter and Full Year 2023 Results” The co... |
Case IH is capitalising on the Agricultural Engineering Innovation Forum at this year's International Green Week in Berlin as an o... |
Download all 
You might be interested in |
||
|
|
|
january 18, 2024
|
january 12, 2024
|
january 10, 2024
|
|
World-leading combine harvester to be produced at New Holland's Center of Harvesting Excellence in Zedelgem, BelgiumMachine to be ... |
... |
CNH announces a streamlining of its leadership structure.Effective immediately, the Company is reducing the size of and realigning... |
Italian 
Download all 
Share
Share via mail 
Automotive
Sport
Events
Art&Culture
Design
Fashion&Beauty
Food&Hospitality
Technology
Nautica
Racing
Excellence
Corporate
OffBeat
Green
Gift
Pop
Heritage
Entertainment
Health & Wellness