EX-99.1 2 d486100dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO  

Corporate Communications

LOGO  

 

CNH Industrial to redeem its 3.875% Notes due 2018

 

London, October 31, 2017

 

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH
Industrial Capital LLC, is redeeming all of the outstanding $600,000,000 aggregate principal amount of its
3.875% Notes due 2018 (the “2018 Notes”). The 2018 Notes will be redeemed in full on December 1, 2017 (the
“Redemption Date”) at a price equal to 100% of the principal amount thereof, plus accrued and unpaid interest, if
any, to the Redemption Date, plus the “make-whole” premium to be determined pursuant to the indenture under
which the 2018 Notes were issued.

 

Inquiries related to procedures to redeem the 2018 Notes may be directed to Wells Fargo Bank, National
Association, as Trustee and Paying Agent, by telephone at 1-800-344-5128 or by fax at 1-612-667-6282.

 

This press release does not constitute an offer to purchase or sell, or the solicitation of an offer to purchase or sell,
with respect to the 2018 Notes or any other securities in any jurisdiction in which such offer or solicitation would
be unlawful under the securities laws of any such jurisdiction.

 

About CNH Industrial

 

CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established
industrial experience, a wide range of products and a worldwide presence. Each of the individual brands
belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland
Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth
moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra
for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and
civil protection; and FPT Industrial for engines and transmissions. More information can be found on the
corporate website: www.cnhindustrial.com

 

Forward-looking statements

 

All statements other than statements of historical fact contained in this press release including statements
regarding our competitive strengths; business strategy; future financial position or operating results; budgets;
projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, capital
structure or other financial items; costs; and plans and objectives of management regarding operations and
products, are forward-looking statements. These statements may include terminology such as “may”, “will”,
“expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “outlook”, “continue”, “remain”, “on
track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “prospects”, “plan”, or similar
terminology. Forward-looking statements are not guarantees of future performance. Rather, they are based on
current views and assumptions and involve known and

   

 

CNH Industrial N.V.

25 St. James’s Street

London, SW1A 1HA

United Kingdom


LOGO    
   

 

unknown risks, uncertainties and other factors, many of which are outside our control and are difficult to predict.
If any of these risks and uncertainties materialize or other assumptions underlying any of the forward-looking
statements prove to be incorrect, the actual results or developments may differ materially from any future results
or developments expressed or implied by the forward-looking statements. Factors, risks and uncertainties that
could cause actual results to differ materially from those contemplated by the forward-looking statements include,
among others: the many interrelated factors that affect consumer confidence and worldwide demand for capital
goods and capital goods-related products; general economic conditions in each of our markets; changes in
government policies regarding banking, monetary and fiscal policies; legislation, particularly relating to capital
goods-related issues such as agriculture, the environment, debt relief and subsidy program policies, trade and
commerce and infrastructure development; government policies on international trade and investment, including
sanctions, import quotas, capital controls and tariffs; actions of competitors in the various industries in which we
compete; development and use of new technologies and technological difficulties; the interpretation of, or
adoption of new, compliance requirements with respect to engine emissions, safety or other aspects of our
products; production difficulties, including capacity and supply constraints and excess inventory levels; labor
relations; interest rates and currency exchange rates; inflation and deflation; energy prices; prices for agricultural
commodities; housing starts and other construction activity; our ability to obtain financing or to refinance existing
debt; a decline in the price of used vehicles; the resolution of pending litigation and investigations on a wide range
of topics, including dealer and supplier litigation, follow-on private litigation in various jurisdictions after the
recently settled EU antitrust investigation announced on July 19, 2016, intellectual property rights disputes,
product warranty and defective product claims, and emissions and/or fuel economy regulatory and contractual
issues; our pension plans and other post-employment obligations; political and civil unrest; volatility and
deterioration of capital and financial markets, including further deterioration of the Eurozone sovereign debt
crisis, possible effects of Brexit, terror attacks in Europe and elsewhere, and other similar risks and uncertainties
and our success in managing the risks involved in the foregoing. Further information concerning factors, risks, and
uncertainties that could materially affect the Company’s financial results is included in our annual report on Form
20-F for the year ended December 31, 2016, prepared in accordance with U.S. GAAP and in the Company’s EU
Annual Report at December 31, 2016, prepared in accordance with EU-IFRS. Investors should refer to and
consider the incorporated information on risks, factors, and uncertainties in addition to the information presented
here.

 

Forward-looking statements are based upon assumptions relating to the factors described in the press release,
which are sometimes based upon estimates and data received from third parties. Such estimates and data are often
revised. Our actual results could differ materially from those anticipated in such forward-looking statements.
Forward-looking statements speak only as of the date on which such statements are made, and we undertake no
obligation to update or revise publicly our forward-looking statements. Further information concerning CNH
Industrial and its businesses, including factors that potentially could materially affect CNH Industrial’s financial
results, is included in CNH Industrial’s reports and filings with the U.S. Securities and Exchange Commission
(“SEC”), the Autoriteit Financiële Markten (“AFM”) and Commissione Nazionale per le Società e la Borsa
(“CONSOB”).All future written and oral forward-looking statements by CNH Industrial or persons acting on the
behalf of CNH Industrial are expressly qualified in their entirety by the cautionary statements contained herein or
referred to above.

 


LOGO    
   

 

Contacts:

 

Corporate Communications

 

Email: mediarelations@cnhind.com

 

Investor Relations

 

Email: investor.relations@cnhind.com