By Cristal Cody
Tupelo, Miss., July 11 – John Deere Canada Funding Inc. sold C$200 million of 3.02% five-year medium-term guaranteed notes (A2/A//DBRS: A) at 99.995 to yield 3.021% on Tuesday, according to a final term sheet.
RBC Dominion Securities Inc. and TD Securities Inc. were the bookrunners.
The notes are guaranteed by John Deere Capital Corp.
John Deere Canada is a Burlington, Ont.-based financing arm of Deere & Co.
| Issuer: | John Deere Canada Funding Inc.
|
| Guarantor: | John Deere Capital Corp.
|
| Amount: | C$200 million
|
| Maturity: | July 13, 2023
|
| Securities: | Medium-term notes
|
| Bookrunners: | RBC Dominion Securities Inc. and TD Securities Inc.
|
| Coupon: | 3.02%
|
| Price: | 99.995
|
| Yield: | 3.021%
|
| Call feature: | Non-callable
|
| Pricing date: | July 10
|
| Settlement date: | July 13
|
| Ratings: | Moody’s: A2
|
| S&P: A
|
| DBRS: A
|
| Distribution: | Canada
|
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