John Deere Capital Corp. is a wholly-owned subsidiary of Deere & Company providing financing and insurance solutions for agricultural and construction equipment, as well as related financial services to customers worldwide.
An analysis of a recently matured debt instrument issued by John Deere Capital Corp, the financial services subsidiary of Deere & Company, the globally recognized manufacturer of agricultural, construction, and forestry equipment, reveals a US-originated bond (ISIN: US24422EUQ06, CUSIP: 24422EUQ0) that successfully completed its lifecycle, having matured and been fully repaid on January 9, 2022. This USD-denominated obligation carried a coupon rate of 3.2%, with interest payments made semi-annually, and was part of a significant $600,000,000 total issue size, available for purchase in minimum increments of $1,000; its repayment at 100% of par value underscored the issuer's creditworthiness, which was historically affirmed by robust investment-grade ratings of 'A' from Standard & Poor's and 'A2' from Moody's.
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