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CNH Industrial plans early redemption of 1.375% notes due 2022
Chicago, March 15 – CNH Industrial Finance Europe SA is planning an early redemption of its 1.375% notes due May 23, 2022 (ISIN: XS1616917800), according to a notice.
The notes are guaranteed by CNH Industrial NV.
The €316,173,000 outstanding notes will be redeemed in full on March 31 at a price that will be based on a make-whole redemption amount.
An additional notice will be published on or around March 26 after the optional redemption amount has been calculated.
The issue was originally sized at €500 million.
CNH is a capital goods company registered in the Netherlands with corporate offices in London.
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