As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/06/20  Deere John Capital Corp           FWP                    1:21K  Deere John Capital Corp           Toppan Merrill/FA

Document/Exhibit                   Description                      Pages   Size 

 1: FWP         Free-Writing Prospectus                             HTML     16K 

 

Issuer Free Writing Prospectus

Filed Pursuant to Rule 433

January 6, 2020

Registration Statement No. 333-217193

Supplementing the Prospectus Supplement and Prospectus, each dated April 7, 2017,

as supplemented by Supplement No. 1 dated June 27, 2018, Supplement No. 2 dated January 4, 2019 and Supplement No. 3 dated December 19, 2019

 

John Deere Capital Corporation

$550 million 2.450% Senior Notes Due January 9, 2030

 

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 G
Issue Size:	$550 million
Trade Date:	January 6, 2020
Settlement Date (T+3)**:	January 9, 2020
Maturity Date:	January 9, 2030
Benchmark Treasury:	1.750% due November 15, 2029
Benchmark Treasury Yield and Price:	1.806%; 99-16
Spread to Treasury:	65 basis points
Reoffer Yield:	2.456%
Coupon:	2.450%
Coupon Payment Dates:	Semi-annually on January 9 and July 9, commencing on July 9, 2020 and ending on the maturity date.
Day Count:	30 / 360, Unadjusted
Denominations:	Minimum of $1,000 with increments of $1,000 thereafter.
Redemption Provision:	N/A
Price to Public:	99.947% plus accrued interest from January 9, 2020
Gross Spread:	0.475%
Net Proceeds (%):	99.472% plus accrued interest from January 9, 2020
Net Proceeds ($):	$547,096,000 plus accrued interest from January 9, 2020
CUSIP / ISIN:	24422E VD 8 / US24422EVD83
Joint Book-Running Managers:	BofA Securities, Inc.
	Citigroup Global Markets Inc.
	Goldman Sachs & Co. LLC
	MUFG Securities Americas Inc.
Co-Managers:	Credit Suisse Securities (USA) LLC
	BNP Paribas Securities Corp.
	U.S. Bancorp Investments, 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.

 

**Pursuant to Rule 15c6-1 under the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in two business days unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers of the notes who wish to trade the notes on the date hereof will be required, by virtue of the fact that the notes initially will settle in T+3, to specify an alternative settlement cycle at the time of any such trade to prevent failed settlement.

 

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, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Goldman Sachs & Co. LLC toll-free at 1-866-471-2526 and MUFG Securities Americas Inc. toll-free at 1-877-649-6848.

 

 

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.

 

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