DBRS Assigns “A” Rating to John Deere Credit’s New Issuance

DBRS has today assigned a rating of “A” with a Stable trend to the senior unsecured medium-term notes (the Notes) that are to be issued by John Deere Credit Inc. (JDCI) on January 28, 2010.

The Notes are of a principal amount of $150 million, have a coupon of 2.4% and mature on February 1, 2013.

The Notes will rank pari passu with all senior unsecured debt obligations of JDCI and are unconditionally guaranteed by John Deere Capital Corporation.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating the Industrial Products Industry, which can be found on our website under Methodologies.

This is a Corporate (Industrials) rating.