CNH INDUSTRIAL ANNOUNCES THE CLOSING OF ITS NOTES OFFERING OF EURO 600,000,000 GUARANTEED 1.75% NOTES DUE MARCH 202
London, March 25, 2019
Today CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) settled its offering of Euro 600,000,000 in principal amount of 1.75% notes due March 25, 2027, with an issue price of 98.597% of the principal amount, which was priced on March 20, 2019.
The notes have been issued by CNH Industrial Finance Europe S.A., a wholly-owned subsidiary of CNH Industrial N.V., under the Euro Medium Term Note Programme guaranteed by CNH Industrial N.V. CNH Industrial Finance Europe S.A. intends to use the net proceeds from the offering for its general corporate purposes.
The notes have been admitted to listing on the Irish Stock Exchange.
MiFID II professionals/ECPs-only / No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail in EEA.