Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
March 4, 2019
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 and Supplement No. 2 dated January 4, 2019
John Deere Capital Corporation
$650 million 2.950% Senior Notes Due April 1, 2022
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: | $650 million |
Trade Date: | March 4, 2019 |
Settlement Date (T+3)**: | March 7, 2019 |
Maturity Date: | April 1, 2022 |
Benchmark Treasury: | 2.500% due February 15, 2022 |
Benchmark Treasury Yield and Price: | 2.516%; 99-30+ |
Spread to Treasury: | 45 basis points |
Reoffer Yield: | 2.966% |
Coupon: | 2.950% |
Coupon Payment Dates: | Semi-annually on April 1st and October 1st, commencing on October 1, 2019 (long first coupon) and ending on the maturity date. |
Day Count: | 30 / 360, Unadjusted |
Denominations: | Minimum of $1,000 with increments of $1,000 thereafter. |
Redemption Provision: | N/A |
Price to Public: | 99.952% plus accrued interest from March 7, 2019 |
Gross Spread: | 0.150% |
Net Proceeds (%): | 99.802% plus accrued interest from March 7, 2019 |
Net Proceeds ($): | $648,713,000 plus accrued interest from March 7, 2019 |
CUSIP: | 24422EUT4 |
Joint Book-Running Managers: | Deutsche Bank Securities Inc. |
| HSBC Securities (USA) Inc. |
| Merrill Lynch, Pierce, Fenner & Smith |
| Incorporated |
| RBC Capital Markets, LLC |
Co-Managers: | BNP Paribas Securities Corp. |
| Credit Suisse Securities (USA) LLC |
| Loop Capital Markets LLC |
*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 Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, HSBC Securities (USA) Inc. toll-free at 1-866-811-8049, Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322 and RBC Capital Markets, LLC toll-free at 1-866-375-6829.