Final Pricing Term Sheet
Filed Pursuant to Rule 433
Dated November 3, 2015
Registration Statement Nos. 333-206891-01, 333-206891-02,
333-206891-03
Relating to
Preliminary Prospectus Supplement dated November 3, 2015 and
Prospectus dated September 11, 2015
CNH INDUSTRIAL CAPITAL LLC
$600,000,000 4.375% NOTES DUE 2020
| Issuer: | CNH Industrial Capital LLC | |
| Principal Amount: | $600,000,000 | |
| Maturity: | November 6, 2020 | |
| Coupon: | 4.375% per annum | |
| Price to Public: | 99.446% plus accrued interest from November 6, 2015 if settlement occurs after that date | |
| Underwriting Discount: Net Proceeds to Issuer Before Expenses: Yield to Maturity: | 0.700% $592,476,000 4.500% | |
| Benchmark Treasury: | UST 1.375% due October 31, 2020 | |
| Spread to Benchmark Treasury: | +290.9 basis points | |
| Benchmark Treasury Yield and Price: | 1.591% / 98-31 | |
| Interest Payment Dates: | May 6 and November 6, commencing May 6, 2016 | |
| Optional Redemption: | Make-whole premium based on U.S. Treasury + 0.50% (50 basis points) | |
| Settlement: | T+3; November 6, 2015 | |
| CUSIP / ISIN: | 12592B AE4 / US12592BAE48 | |
| Ratings*: | Moody’s Investors Service, Inc.: Ba1 Standard & Poor’s Ratings Services: BB | |
| Joint Book-Running Managers: | Barclays Capital Inc. Credit Agricole Securities (USA) Inc. Deutsche Bank Securities Inc. RBS Securities Inc. |
*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) and a preliminary prospectus supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site atwww.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the preliminary prospectus supplement if you request them by calling Barclays Capital Inc. at toll free+1(888) 603-5847, Credit Agricole Securities (USA) Inc. at toll free+1 (866) 807-6030, Deutsche Bank Securities Inc. at toll free +1 (800) 503-4611 or RBS Securities Inc. at toll free +1 (866) 884-2071.
