Bond Deere Capital 1.2% ( US24422ERW11 ) in USD
| Issuer | Deere Capital | ||
| Market price | 100 % ⇌ | ||
| Country | United States
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| ISIN code |
US24422ERW11 ( in USD )
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| Interest rate | 1.2% per year ( payment 2 times a year) | ||
| Maturity | 10/10/2017 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 500 000 000 USD | ||
| Cusip | 24422ERW1 | ||
| Standard & Poor's ( S&P ) rating | A ( Upper medium grade - Investment-grade ) | ||
| Moody's rating | A2 ( Upper medium grade - Investment-grade ) | ||
| Detailed description |
John Deere Capital is the financial services arm of Deere & Company, offering financing and insurance solutions for agricultural and construction equipment. This particular fixed-income instrument, identified by ISIN US24422ERW11 and CUSIP 24422ERW1, was issued from the United States by John Deere Capital, the financial services arm of the global agricultural and construction machinery manufacturer John Deere, providing financing solutions for equipment sales and dealer inventories; the bond, denominated in USD, was part of a $500,000,000 total issuance with a minimum purchase size of $1,000, carried a 1.2% coupon rate with semi-annual interest payments, and matured on October 10, 2017, at which point it was fully redeemed at 100% of its face value, having been rated 'A' by Standard & Poor's and 'A2' by Moody's prior to its expiration. |
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