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

DBRS has today assigned an “A” rating with a Stable trend to the John Deere Credit Inc. (JDCI) new issue of 1.85% $200 million senior unsecured medium-term notes (the Notes) due on January 24, 2014. The Notes will rank pari passu with all senior unsecured debt obligations of JDCI and are unconditionally guaranteed by John Deere Capital Corporation. The Notes are issued under the $2.0 billion medium-term notes shelf filed by JDCI in April 2010.

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

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