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LAKE FOREST, Ill., February 24, 2006  /PRNewswire-FirstCall/ -- CNH Global N.V. (NYSE: CNH) today announced  that the senior note offering by its wholly-owned subsidiary, Case New Holland Inc., previously disclosed had increased in size to an aggregate principal amount of $500 million. CNH announced pricing of the private offering at an annual fixed rate of 7.125%. The new senior notes due 2014 are being sold to investors at par.

Case New Holland Inc. intends to use the proceeds from the offering to refinance debt. The  notes, which are senior unsecured obligations of Case New Holland Inc., will pay interest semi-annually and will be guaranteed by CNH Global N.V. and certain of its direct and indirect subsidiaries.

The senior notes will only be offered and sold to qualified institutional buyers in accordance with Rule 144A and in offshore transactions in accordance with Regulation S under the Securities Act. The senior notes have not been registered under the Securities Act or the securities laws of any other jurisdiction. Unless the senior notes are so registered, the notes may be offered and sold only in transactions that are exempt from the registration requirements of the Securities Act or the securities laws of any other jurisdiction. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the senior notes.