July 24, 2016 3:44 AM ET

Diversified Financial Services

Company Overview of CNH Industrial Capital LLC

Company Overview

CNH Industrial Capital LLC, a captive finance company, underwrites and manages financing products for end-use customers and dealers of CNH Industrial America LLC and CNH Industrial Canada Ltd. in the United States and Canada. It offers retail financing products, such as retail installment sales contracts, finance leases, and operating leases to end-use customers for the purchase or lease of new and used agricultural and construction equipment, as well as provides servicing and collection operations for the retail financing products. The company also offers wholesale financing to dealers to finance purchases of new and used agricultural and construction equipment and parts, as well as extends...

5729 Washington Avenue

Racine, WI 53406

United States

430 Employees

Phone:

262-636-6011

Key Executives for CNH Industrial Capital LLC

Chairman and President
Chief Financial Officer and Assistant Treasurer
Chief Credit Officer and Vice President
Managing Director of Australia
Compensation as of Fiscal Year 2016.

CNH Industrial Capital LLC Key Developments

CNH Industrial Capital Completes Notes Offering of $500 Million in Aggregate Principal Amount of 4.875% Notes Due 2021

CNH Industrial NV announced that March 17 that its wholly owned subsidiary CNH Industrial Capital LLC has completed its previously announced offering of $500 million in aggregate principal amount of 4.875% notes due 2021 at an issue price of 99.447%. The net proceeds of this offering were approximately $493 million after payment of offering and other related expenses. CNH Industrial Capital intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including the purchase of receivables or other assets in the ordinary course of business. The net proceeds may also be applied to repay CNH Industrial Capital's debt as it becomes due. The notes, which are senior unsecured obligations of CNH Industrial Capital, will pay interest semiannually on April 1 and Oct. 1 of each year, beginning Oct. 1, and are guaranteed by CNH Industrial Capital America LLC and New Holland Credit Co. LLC, each a wholly owned subsidiary of CNH Industrial Capital. The notes will mature April 1, 2021.

CNH Industrial Capital LLC Prices $500 Million 4.875% Notes Due 2021

CNH Industrial Capital LLC has priced $500 million in aggregate principal amount of 4.875% notes due 2021, issued at an issue price of 99.447%. The offering is expected to close on March 17, 2016. The company intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including, among other things, the purchase of receivables or other assets in the ordinary course of business. The net proceeds may also be applied to repay CNH Industrial Capital LLC's indebtedness as it becomes due. The notes, which are senior unsecured obligations of CNH Industrial Capital LLC, will pay interest semi-annually on April 1 and October 1 of each year, beginning on October 1, 2016, and will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Industrial Capital LLC. The notes will mature on April 1, 2021. J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Société Générale and Wells Fargo Securities, LLC are acting as the joint book-running managers and underwriters for the offering. The offering is being made pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission on September 11, 2015.

CNH Industrial Capital LLC Closes $600 Million Notes Offering

CNH Industrial N.V. announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has completed its previously announced offering of $600 million in aggregate principal amount of 4.375% notes due 2020, issued at an issue price of 99.446%. The net proceeds of this offering were approximately $591 million after payment of offering and other related expenses. CNH Industrial Capital LLC intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including, among other things, the purchase of receivables or other assets in the ordinary course of business. The net proceeds may also be applied to repay CNH Industrial Capital LLC's indebtedness as it becomes due. The notes, which are senior unsecured obligations of CNH Industrial Capital LLC, will pay interest semi-annually on May 6 and November 6 of each year, beginning on May 6, 2016, and are guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Industrial Capital LLC. The notes will mature on November 6, 2020.

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