Bond Deere Capital 0% ( US24422EUG24 ) in USD

Issuer Deere Capital
Market price 100.002 %  ▲ 
Country  United States
ISIN code  US24422EUG24 ( in USD )
Interest rate 0%
Maturity 07/06/2023 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 1 000 USD
Total amount 300 000 000 USD
Cusip 24422EUG2
Detailed description John Deere Capital is the financial services arm of Deere & Company, offering financing and insurance solutions for agricultural and construction equipment.

An analysis of the debt market highlights the recently matured bond issued by John Deere Capital Corporation, a pivotal financial services subsidiary of Deere & Company, a global leader in agricultural, construction, and forestry machinery. This specific obligation, identified by ISIN US24422EUG24 and CUSIP 24422EUG2, was denominated in USD and originated from the United States. With a total issuance size of $300,000,000 and a minimum investment threshold of $1,000, the bond featured a stated interest rate of 0% and a payment frequency of 2, suggesting a structure that may have relied on a discount for yield or represented a specific short-term financing vehicle. Prior to its maturity, the bond was observed trading on the secondary market at 100.002% of its par value. The instrument reached its scheduled maturity on July 6, 2023, and has since been fully reimbursed to its holders, effectively concluding its term as an outstanding debt obligation.