PROSPECTUS and | PRICING SUPPLEMENT NO. 18 |
PROSPECTUS SUPPLEMENT, each | Dated April 16, 2024 |
Dated May 22, 2023 | Registration Statement No. 333-272130 |
| Filed Pursuant to Rule 424(b)(2) |
U.S. $20,850,000,000
JOHN DEERE CAPITAL CORPORATION
MEDIUM-TERM NOTES, SERIES I
Due 9 Months or More from Date of Issue
$325,000,000 Floating Rate Senior Notes Due April 19, 2027
The Medium-Term Notes offered hereby will be Floating Rate Notes and senior securities as more fully described in the accompanying Prospectus and Prospectus Supplement and will be denominated in U.S. Dollars.
CUSIP / ISIN: | 24422EXQ7 / US24422EXQ78 |
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Date of Issue: | April 19, 2024 |
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Maturity Date: | April 19, 2027 |
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Principal Amount: | $325,000,000 |
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Interest Rate Basis: | Compounded SOFR |
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Index Maturity: | Daily |
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Spread: | +60 basis points |
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Initial Interest Rate: | Compounded SOFR determined on July 12, 2024 plus the Spread, accruing from and including April 19, 2024 to but excluding the first Interest Payment Date, calculated as described herein |
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Day Count: | Actual/360, Adjusted |
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Interest Reset Dates: | Each Interest Payment Date |
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Interest Determination Dates: | Quarterly, five U.S. Government Securities Business Days preceding each Interest Reset Date |
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Interest Payment Dates: | Quarterly on the 19th of January, April, July and October, commencing on July 19, 2024 and ending on the Maturity Date |
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Interest Period: | Each quarterly period from, and including, an Interest Payment Date (or, in the case of the first Interest Period, the Date of Issue) to, but excluding, the next Interest Payment Date (or, in the case of the final Interest Period, the Maturity Date). |
Observation Period: | The period from and including five U.S. Government Securities Business Days preceding an Interest Payment Date to but excluding five U.S. Government Securities Business Days preceding the next Interest Payment Date, provided that the first Observation Period shall be from and including five U.S. Government Securities Business Days preceding the Date of Issue to but excluding five U.S. Government Securities Business Days preceding the first Interest Payment Date. |
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Minimum Interest Rate: | 0.000% |
Price to Public: | 100.000% plus accrued interest, if any, from April 19, 2024 |
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Business Day: | New York and U.S. Government Securities Business Day |
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Business Day Convention: | Modified Following, Adjusted |
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Redemption Provisions: | None |
Plan of Distribution: | Name | Principal Amount Of Notes |
| BofA Securities, Inc. | $162,500,000 |
| Deutsche Bank Securities Inc. | $162,500,000 |
| Total | $325,000,000 |
| The above Agents have severally agreed to purchase the respective principal amount of Notes, opposite their names as principal, at a price of 99.875% plus accrued interest, if any, from April 19, 2024. | |