Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
June 1, 2020
Registration Statement No. 333-237579
Supplementing the Prospectus Supplement and Prospectus, each dated April 6, 2020
John Deere Capital Corporation
$450 million 0.550% Senior Notes Due July 5, 2022
Issuer: |
|
John Deere Capital Corporation |
Expected Ratings*: |
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A2 by Moodys Investors Service, Inc. |
|
|
A by Standard and Poors Ratings Services |
|
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A by Fitch Ratings, Inc. |
Note Type: |
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Medium-Term Notes, Series H |
Issue Size: |
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$450 million |
Trade Date: |
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June 1, 2020 |
Settlement Date (T+3): |
|
June 4, 2020 |
Maturity Date: |
|
July 5, 2022 |
Benchmark Treasury: |
|
0.125% due May 31, 2022 |
Benchmark Treasury Yield and Price: |
|
0.160%; 99-29 3/4 |
Spread to Treasury: |
|
+40 basis points |
Reoffer Yield: |
|
0.560% |
Coupon: |
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0.550% |
Coupon Payment Dates: |
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Semi-annually on January 5 and July 5, commencing on January 5, 2021 (long first coupon) and ending on the maturity date. |
Day Count: |
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30 / 360, Unadjusted |
Denominations: |
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Minimum of $1,000 with increments of $1,000 thereafter. |
Redemption Provision: |
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N/A |
Price to Public: |
|
99.979% plus accrued interest from June 4, 2020 |
Gross Spread: |
|
0.100% |
Net Proceeds (%): |
|
99.879% plus accrued interest from June 4, 2020 |
Net Proceeds ($): |
|
$449,455,500 plus accrued interest from June 4, 2020 |
CUSIP / ISIN: |
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24422EVG1 / US24422EVG15 |
Joint Book-Running Managers: |
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Barclays Capital Inc. |
|
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Citigroup Global Markets Inc. |
|
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HSBC Securities (USA) Inc. |
|
|
TD Securities (USA) LLC |
Co-Managers: |
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BBVA Securities Inc. |
|
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SMBC Nikko Securities America, Inc. |
*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, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, HSBC Securities (USA) Inc. toll-free at 1-866-811-8049 and TD Securities (USA) LLC toll-free at 1-855-495-9846.
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