FWP 1 a21-1551_1fwp.htm FWP

 

Issuer Free Writing Prospectus

Filed Pursuant to Rule 433

January 4, 2021

Registration Statement No. 333-237579

Supplementing the Prospectus Supplement and Prospectus, each dated April 6, 2020

 

John Deere Capital Corporation

$900 million 0.700% Senior Notes Due January 15, 2026

 

Issuer:

 

John Deere Capital Corporation

Expected Ratings*:

 

A2 by Moody’s Investors Service, Inc.

 

 

A by Standard and Poor’s Ratings Services

 

 

A by Fitch Ratings, Inc.

Note Type:

 

Medium-Term Notes, Series H

Issue Size:

 

$900 million

Trade Date:

 

January 4, 2021

Settlement Date (T+3):

 

January 7, 2021

Maturity Date:

 

January 15, 2026

Benchmark Treasury:

 

0.375% due December 31, 2025

Benchmark Treasury Yield

 

 

and Price:

 

0.348%; 100-04 1/4

Spread to Treasury:

 

+37 basis points

Reoffer Yield:

 

0.718%

Coupon:

 

0.700%

Coupon Payment Dates:

 

Semi-annually on January 15 and July 15, commencing on July 15, 2021 (long first coupon) 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:

 

99.911% plus accrued interest from January 7, 2021

Gross Spread:

 

0.350%

Net Proceeds (%):

 

99.561% plus accrued interest from January 7, 2021

Net Proceeds ($):

 

$896,049,000 plus accrued interest from January 7, 2021

CUSIP / ISIN:

 

24422EVK2 / US24422EVK27

Joint Book-Running Managers:

 

Barclays Capital Inc.

 

 

BofA Securities, Inc.

 

 

Citigroup Global Markets Inc.

 

 

HSBC Securities (USA) Inc.

Co-Managers:

 

Academy Securities, Inc.

 

 

BNP Paribas Securities Corp.

 

 

PNC Capital Markets LLC

 

 

Siebert Williams Shank & Co., LLC

 

 

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 BofA Securities, Inc. toll-free at 1-800-294-1322, Barclays Capital Inc. LLC toll-free at 1-888-603-5847, Citigroup Global Markets Inc. toll-free at 1-800-831-9146 and HSBC Securities (USA) Inc. toll-free at 1-866-811-8049.

 

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.