DBRS Assigns “A” Rating with Stable Trend to John Deere Canada Funding Inc.’s New $2.5 Billion Medium-Term Notes Program

DBRS has today assigned a rating of “A” to John Deere Canada Funding Inc.’s (JDCFI or the Company) medium-term notes (MTN) program as per the final short form base shelf prospectus filed today. The trend is Stable.

The issuance of MTNs under this $2.5 billion program will be the direct, unsecured and unsubordinated obligations of JDCFI and will rank equally and pari passu with all other unsecured and unsubordinated indebtedness of JDCFI. Any MTNs will be issued under its trust indenture dated June 1, 2012.

As ratings are subject to change, subsequent assignment of ratings for JDCFI will be provided by DBRS as MTNs are issued under this program.

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

John Deere Canada Funding Inc.’s medium-term notes are unconditionally guaranteed by John Deere Capital Corporation.

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