Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
March 10, 2017
Registration Statement No. 333-195332
Supplementing the Prospectus Supplement and Prospectus,
each dated April 17, 2014, as supplemented by Supplement No. 1 dated September 10, 2014
John Deere Capital Corporation
$250 million 2.650% Senior Notes Due January 6, 2022
Issuer: |
John Deere Capital Corporation |
Expected Ratings*: |
A2 by Moodys Investors Service, Inc. |
|
A by Standard and Poors Ratings Services |
|
A by Fitch Ratings, Inc. |
Note Type: |
Medium-Term Notes, Series F |
Issue Size: |
$250 million. The notes offered hereby constitute a further issuance of, and will be consolidated with, the $400 million aggregate principal amount of 2.650% Senior Notes Due January 6, 2022 issued by John Deere Capital Corporation on January 6, 2017. The notes offered hereby will have the same CUSIP number as the previously issued 2.650% Senior Notes Due January 6, 2022 and will trade interchangeably with the previously issued 2.650% Senior Notes Due January 6, 2022 immediately upon settlement. Upon completion of this offering, the aggregate principal amount outstanding of all such notes will be $650 million. |
Trade Date: |
March 10, 2017 |
Settlement Date (T+3): |
March 15, 2017 |
Maturity Date: |
January 6, 2022 |
Benchmark Treasury: |
1.875% due February 28, 2022 |
Benchmark Treasury Yield |
2.098%; 98-30+ |
Spread to Treasury: |
65 basis points |
Reoffer Yield: |
2.748% |
Coupon: |
2.650% |
Coupon Payment Dates: |
Semi-annually on January 6 and July 6, commencing on July 6, 2017 and ending on the maturity date. |
Day Count: |
30/360, Unadjusted |
Denominations: |
Minimum of $1,000 with increments of $1,000 thereafter. |
Redemption Provision: |
N/A |
Price to Public: |
99.559% plus accrued interest from January 6, 2017 |
Gross Spread: |
0.350% |
Net Proceeds (%): |
99.209% plus accrued interest from January 6, 2017 |
Net Proceeds ($): |
$248,022,500 plus accrued interest from January 6, 2017 |
CUSIP: |
24422ETL3 |
Joint Book-Running Managers: |
Barclays Capital Inc. |
|
MUFG Securities Americas Inc. |
|
RBC Capital Markets, LLC |
Co-Managers: |
BNP Paribas Securities Corp. |
|
Credit Agricole Securities (USA) Inc. |
|
Credit Suisse Securities (USA) LLC |
*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The Issuer has filed a Registration Statement (including a prospectus) with the Securities and Exchange Commission for the Offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the Securities and Exchange Commission for more complete information about the Issuer and this Offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the Offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll-free at 1-888-603-5847, MUFG Securities Americas Inc. collect at 1-212-405-7404 and RBC Capital Markets, LLC toll-free at 1-866-375-6829.