Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
June 1, 2022
Registration Statement No. 333-237579
Supplementing the Prospectus Supplement and Prospectus, each dated April 6, 2020
John Deere Capital Corporation
$1 billion 3.400% Senior Notes Due June 6, 2025
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 H |
Issue Size: | $1 billion |
Trade Date: | June 1, 2022 |
Settlement Date (T+3): | June 6, 2022 |
Maturity Date: | June 6, 2025 |
Benchmark Treasury: | 2.750% due May 15, 2025 |
Benchmark Treasury Yield and Price: | 2.858%; 99-221/4 |
Spread to Treasury: | +55 basis points |
Reoffer Yield: | 3.408% |
Coupon: | 3.400% |
Coupon Payment Dates: | Semi-annually on June 6 and December 6, commencing on December 6, 2022 and ending on the Maturity Date. |
Day Count: | 30 / 360, Unadjusted |
Denominations: | Minimum of $1,000 with increments of $1,000 thereafter. |
Redemption Provision: | N/A |
Price to Public: | 99.977% plus accrued interest from June 6, 2022 |
Gross Spread: | 0.150% |
Net Proceeds (%): | 99.827% plus accrued interest from June 6, 2022 |
Net Proceeds ($): | $998,270,000 plus accrued interest from June 6, 2022 |
CUSIP / ISIN: | 24422EWF2 / US24422EWF23 |
Joint Book-Running Managers: | Citigroup Global Markets Inc. |
Deutsche Bank Securities Inc. | |
Goldman Sachs & Co. LLC | |
HSBC Securities (USA) Inc. | |
Co-Managers: | Commerz Markets LLC |
PNC Capital Markets LLC | |
Scotia Capital (USA) Inc. | |
Siebert Williams Shank & Co., LLC | |
SMBC Nikko Securities America, Inc. |
*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.
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, Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, Goldman Sachs & Co. LLC toll-free at 1-866-471-2526 and HSBC Securities (USA) Inc. toll-free at 1-866-811-8049.
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.