DBRS Assigns “A” Rating to John Deere Capital’s New Issuance
IndustrialsDBRS has today assigned an “A” rating with a Stable trend to the planned senior unsecured medium-term notes (the Notes) to be issued by John Deere Capital Corporation (JDCC) on March 8, 2010.
The Notes are to be of a principal amount of $500 million, will have a coupon of 2.95% and mature on March 9, 2015.
The Notes will rank pari passu with all senior unsecured debt obligations of JDCC.
Notes:
All figures are in U.S. 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.
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