CNH Industrial N.V. announced that it plans to offer new notes, subject to market conditions. CNH Industrial N.V. intends to use the net proceeds from this offering for working capital and other general corporate purposes, which may include repurchase of a portion of the outstanding 7.875% notes due 2017 issued by its subsidiary Case New Holland Industrial.
BNP Paribas Securities Corp., Citigroup Global Markets, Deutsche Bank Securities and J.P. Morgan Securities are acting as the joint book-running managers and underwriters for the offering. The offering will be made pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission on September 11, 2015. Copies of the preliminary prospectus supplement and the accompanying prospectus for the offering may be obtained by contacting BNP Paribas Securities.
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