CNH ANNOUNCES COMPLETION OF ITS SENIOR NOTES EXCHANGE OFFER
For more information please contact:
Communications (630) 887-2345
BURR RIDGE, ILL. - (June 2, 2010) - CNH Global N.V. (NYSE: CNH) today announced that its wholly-owned subsidiary, Case New Holland Inc., completed its offer to exchange up to $1,000,000,000 in aggregate principal amount of its 7 ¾% Senior Notes due 2013 that have been registered under the Securities Act of 1933, as amended, for its outstanding unregistered 7 ¾% Senior Notes due 2013.
The exchange offer expired at 5:00 p.m., New York City time, on May 26, 2010. Based on the final count by the exchange agent for the exchange offer, as of 5 p.m., New York City time, on June 1, 2010, $992,943,000 in aggregate principal amount of the outstanding 7 ¾% Senior Notes due 2013 have been tendered, which represents 99.3% of the aggregate principal amount of the outstanding 7 ¾% Senior Notes due 2013.
The exchange agent for the exchange offer is The Bank of New York Mellon Trust Company, N.A., Corporate Trust Operations, Reorganization Unit, 101 Barclay Street -- 7 East, New York, New York 10286. For information call (212) 815-5920.
CNH Global N.V. is a world leader in the agricultural and construction equipment businesses. Supported by more than 11,600 dealers in approximately 170 countries, CNH brings together the knowledge and heritage of its Case and New Holland brand families with the strength and resources of its worldwide commercial, industrial, product support and finance organizations. CNH Global N.V., whose stock is listed at the New York Stock Exchange (NYSE:CNH), is a majority-owned subsidiary of Fiat S.p.A. (FIA.MI). More information about CNH and its Case and New Holland products can be found online at www.cnh.com .