CNH INDUSTRIAL N.V. AND CNH INDUSTRIAL FINANCE EUROPE S.A. ANNOUNCE CASH TENDER OFFERS ON CERTAIN SERIES OF EURO NOTES
London, November 28, 2019
CNH Industrial N.V. (NYSE: CNHI /MI: CNHI ) (CNH Industrial or the Guarantor) together with its subsidiary CNH Industrial Finance Europe S.A. a public limited liability company (société anonyme) incorporated and existing under the laws of the Grand Duchy of Luxembourg, having its registered office at 24, boulevard Royal, L-2449 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register of Commerce and Companies under number B-155849 (the Company) hereby announce the Company’s invitation to eligible holders (subject to the offer restrictions referred to below) of the Company’s €700,000,000 2.875 per cent. Notes due 27 September 2021 guaranteed by the Guarantor (ISIN: XS1114452060), of which €431,555,000 remain outstanding (the 2021 Notes), the Company’s outstanding €500,000,000 1.375 per cent. Notes due 23 May 2022 guaranteed by CNH Industrial (ISIN: XS1616917800) (the 2022 Notes) and the Company’s outstanding €500,000,000 2.875 per cent. Notes due 17 May 2023 guaranteed by CNH Industrial (ISIN: XS1412424662) (the 2023 Notes and, together with the 2021 Notes and the 2022 Notes, the Existing Notes) to tender their Existing Notes for purchase by the Company for cash (the Offers and each an Offer). The Offers are made on the terms and subject to the conditions set out in the tender offer memorandum dated 28 November 2019 (the Tender Offer Memorandum).
Copies of the Tender Offer Memorandum are (subject to distribution restrictions) available from the Tender Agent as set out below. Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.