Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
June 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
$600 million 2.600% Senior Notes Due March 7, 2024
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: | $600 million |
Trade Date: | June 4, 2019 |
Settlement Date (T+3)**: | June 7, 2019 |
Maturity Date: | March 7, 2024 |
Benchmark Treasury: | 2.000% due May 31, 2024 |
Benchmark Treasury Yield and Price: | 1.889%; 100-163/4 |
Spread to Treasury: | 75 basis points |
Reoffer Yield: | 2.639% |
Coupon: | 2.600% |
Coupon Payment Dates: | Semi-annually on March 7th and September 7th, commencing on September 7, 2019 (short first coupon) and ending on the maturity date. |
Day Count: | 30 / 360, Unadjusted |
Denominations: | Minimum of $1,000 with increments of $1,000 thereafter. |
Redemption Provision: | N/A |
Price to Public: | 99.829% plus accrued interest from June 7, 2019 |
Gross Spread: | 0.350% |
Net Proceeds (%): | 99.479% plus accrued interest from June 7, 2019 |
Net Proceeds ($): | $596,874,000 plus accrued interest from June 7, 2019 |
CUSIP: | 24422EUX5 |
Joint Book-Running Managers: | Citigroup Global Markets Inc. |
| Goldman Sachs & Co. LLC |
| HSBC Securities (USA) Inc. |
| J.P. Morgan Securities LLC |
Co-Managers: | Commerz Markets LLC |
| Credit Agricole Securities (USA) Inc. |
| PNC 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 Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Goldman Sachs & Co. LLC. toll-free at 1-866-471-2526, HSBC Securities (USA) Inc. toll-free at 1-866-811-8049 and J.P. Morgan Securities LLC collect at 1-212-834-4533.