August 25, 2016 5:55 AM ET

Machinery

Company Overview of Case New Holland Industrial Inc.

Company Overview

Case New Holland Industrial Inc. manufactures and exports agricultural and construction equipment. Its agricultural equipment includes tractors, combines, hay tools, specialty harvesters, sprayers, planters, and tillage. The company’s construction equipment includes loader backhoes, excavators, skid-steers, forklifts, wheel loaders, dozers, and graders. It offers its products to dealers in the United States and internationally. The company was incorporated in 1999 and is based in Racine, Wisconsin. Case New Holland Industrial Inc. operates as a subsidiary of CNH Industrial N.V.

5729 Washington Avenue

Racine, WI 53406

United States

Founded in 1999

Phone:

262-636-6886

Fax:

262-636-5303

Key Executives for Case New Holland Industrial Inc.

Case New Holland Industrial Inc. does not have any Key Executives recorded.

Case New Holland Industrial Inc. Key Developments

Case New Holland Industrial Inc. Commences Cash Tender Offer of its 7% Guaranteed Senior Notes Due on 2017

CNH Industrial N.V. announced that its wholly owned subsidiary Case New Holland Industrial Inc. has commenced a cash tender offer for an aggregate amount of up to $450 million of its $1,500,000,000 7% Guaranteed Senior Notes due 2017 guaranteed by CNH Industrial and certain of CNH Industrial's direct and indirect subsidiaries (together with CNH Industrial, the Guarantors). The terms and conditions of the tender offer are described in an offer to purchase. Concurrently with the commencement of the Tender Offer, CNH Industrial is commencing a registered public offering (the New Notes Offering) of senior unsecured notes (the New Notes). A portion of the proceeds from the New Notes Offering, if consummated, is expected to fund the Tender Offer. Neither this announcement nor the Offer to Purchase constitutes an offer to sell or a solicitation of an offer to buy the New Notes. No assurances can be given that CNH Industrial will in fact complete the New Notes Offering. Consummation of the Tender Offer is contingent upon, among other things, the Company and/or CNH Industrial obtaining financing on satisfactory terms, from the New Notes Offering or otherwise, as determined in the Company's sole discretion. The Tender Offer is being made upon the terms and subject to the general conditions set forth in the Offer to Purchase. The Tender Offer will expire at 11:59 p.m., New York City time, on September 1, 2016, unless extended at the sole discretion of the Company (such date and time, as it may be extended, the Expiration Time). Tenders of Notes may be withdrawn on or prior to 5:00 p.m., New York City time, on August 17, 2016, but may not be withdrawn thereafter (except in certain limited circumstances described in the Offer to Purchase). The consideration paid in the Tender Offer for Notes that are purchased pursuant to the Tender Offer will be determined in the manner described in the Offer to Purchase, by reference to the fixed spread over the yield to maturity of the U.S. Treasury Security specified in the table above (the Total Consideration). Holders of Notes that are validly tendered and not withdrawn on or prior to 5:00 p.m., New York City time, on August 17, 2016 (the Early Tender Time) and accepted for purchase will receive the Total Consideration, which includes an early tender payment of $30 per $1,000 principal amount of the Notes accepted for purchase (the Early Tender Payment). Holders of Notes that are validly tendered and not withdrawn following the Early Tender Time, but on or prior to the Expiration Time, and accepted for purchase will receive the Tender Offer Consideration, which will equal the Total Consideration minus the Early Tender Payment. The Total Consideration will be determined at or around 11:00 a.m., New York City time, on August 18, 2016, unless extended at the sole discretion of the Company.

Similar Private Companies By Industry

Company Name Region
+Vantage Corporation United States
101 Imports, Inc. United States
21st Century Energy, Inc. United States
360 Yield Center, LLC United States
3DOps United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Case New Holland Industrial Inc., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.