March 28, 2017 12:21 PM 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

400 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
Treasurer
Age: 45
Compensation as of Fiscal Year 2016.

CNH Industrial Capital LLC Key Developments

CNH Industrial Capital LLC Announces Closing of $400 Million Notes Offering

CNH Industrial Capital LLC completed its previously announced offering of $400 million in aggregate principal amount of 3.875% notes due 2021, issued at an issue price of 99.441%. The net proceeds of this offering were approximately $394 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 April 15 and October 15 of each year, beginning on April 15, 2017, 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 October 15, 2021.

CNH Industrial Capital LLC Prices $400 Million Aggregate Principal Amount of 3.875% Notes Due 2021

On October 18, 2016, CNH Industrial N.V. announced that its wholly owned subsidiary, CNH Industrial Capital LLC (CNH Industrial Capital), priced $400 million aggregate principal amount of 3.875% notes due 2021. The notes will mature on October 15, 2021. Interest on the notes will be paid on April 15 and October 15 of each year, commencing on April 15, 2017. The notes will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Industrial Capital. The net proceeds of the offering are intended to be added to CNH Industrial Capital's general funds and used 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's indebtedness as it becomes due.

CNH Industrial Capital Presents at 22nd Annual ABS East Conference, Sep-20-2016 01:30 PM

CNH Industrial Capital Presents at 22nd Annual ABS East Conference, Sep-20-2016 01:30 PM. Venue: Fontainebleau Miami Beach, 4441 Collins Avenue, Miami Beach, FL 33140, United States. Speakers: Julie Schlueter, Manager, Capital Markets.

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Recent Private Companies Transactions

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