FWP 1 a21-8356_3fwp.htm FWP

 

Issuer Free Writing Prospectus

Filed Pursuant to Rule 433

March 1, 2021

Registration Statement No. 333-237579

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

 

John Deere Capital Corporation

$500 million 1.500% Senior Notes Due March 6, 2028

 

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:

 

$500 million

Trade Date:

 

March 1, 2021

Settlement Date (T+3):

 

March 4, 2021

Maturity Date:

 

March 6, 2028

Benchmark Treasury:

 

1.125% due February 29, 2028

Benchmark Treasury Yield and Price:

 

1.095%; 100-06+

Spread to Treasury:

 

+45 basis points

Reoffer Yield:

 

1.545%

Coupon:

 

1.500%

Coupon Payment Dates:

 

Semi-annually on March 6 and September 6, commencing on September 6, 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:

 

99.702% plus accrued interest from March 4, 2021

Gross Spread:

 

0.420%

Net Proceeds (%):

 

99.282% plus accrued interest from March 4, 2021

Net Proceeds ($):

 

$496,410,000 plus accrued interest from March 4, 2021

CUSIP / ISIN:

 

24422EVP1 / US24422EVP14

Joint Book-Running Managers:

 

Deutsche Bank Securities Inc.

 

 

Goldman Sachs & Co. LLC

 

 

MUFG Securities Americas Inc.

 

 

RBC Capital Markets, LLC

Co-Managers:

 

BNP Paribas Securities Corp.

 

 

Commerz Markets LLC

 

 

Loop Capital Markets LLC

 

 

Samuel A. Ramirez & Company, Inc.

 

 

Santander Investment Securities 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 Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, Goldman Sachs & Co. LLC toll-free at 1-866-471-2526, MUFG Securities Americas Inc toll-free at 1-877-649-6848 and RBC Capital Markets, LLC toll-free at 1-866-375-6829.

 

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.