debt
confidence high
sentiment neutral
materiality 0.50
CNH Industrial Capital completes $600M 4.950% notes due 2031 offering
CNH Industrial Capital LLC
- $600M aggregate principal at 99.615% issue price, 4.950% coupon, matures June 25, 2031.
- Interest payable semi-annually starting December 25, 2026.
- Notes are redeemable at make-whole or par plus accrued interest.
- Lead underwriters: BofA Securities, Deutsche Bank Securities, Goldman Sachs, Santander.
- Covenants limit secured debt and asset transfers, with exceptions.