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RSSJohn Deere Capital Raises $150 Million (Canadian) From Note Offering
TORONTO — John Deere Capital (JDC.YY) raised C$150 million from an issue of medium-term notes maturing June 2014, pricing the offering at 93.1 basis points over the relevant government of Canada benchmark for a yield of 3.534%, according to a person familiar with the offering.
The bonds carry a coupon of 3.50%.
John Deere is a financing arm of Deere & Co. (DE), an equipment supplier for the agriculture, forestry, construction, and lawn and turf industries.
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