CNH Industrial Capital Secures $600 Million in New Notes Offering
CNH Industrial has announced the pricing of a substantial new debt offering through its wholly owned subsidiary, CNH Industrial Capital LLC. The company has priced an aggregate principal amount of $600 million in 4.950% notes due in 2031, carrying an issue price of 99.615%.
The transaction is expected to close on June 25, 2026, subject to standard, customary closing conditions. For ongoing coverage of heavy machinery financing, corporate debt strategies, and infrastructure markets, stay tuned to our latest equipment and construction industry news.
Strategic Allocation: How the Proceeds Will Be Used
CNH Industrial Capital plans to channel the net proceeds from this offering directly into its general corporate funds. The capital injection will be deployed across several core areas of business operations:
- Working Capital: Supporting day-to-day liquidity requirements.
- Asset Growth: Purchasing receivables and acquiring other essential business assets during routine operations.
- Debt Management: Positioned to systematically repay existing debt obligations as they reach maturity.
This liquidity injection ultimately strengthens the company’s overall funding strategy, giving it the financial flexibility needed to support long-term growth and stable asset management.
Key Financial Terms of the 2031 Notes
The newly issued notes are structured as senior unsecured obligations of CNH Industrial Capital LLC. The key parameters of the agreement include:
| Parameter | Details |
| Principal Amount | $600 Million |
| Fixed Interest Rate | 4.950% per annum |
| Maturity Date | June 25, 2031 |
| Payment Schedule | Semi-annually (Every June 25 and December 25) |
| First Interest Payment | December 25, 2026 |
| Guarantors | CNH Industrial Capital America LLC & New Holland Credit Company, LLC |
Top Global Financial Institutions Back the Deal
The scale of this offering is supported by an impressive syndicate of major international banks and investment firms acting as joint book-running managers.
The primary tier of joint book-runners includes powerhouse institutions like BofA Securities, Deutsche Bank Securities, Goldman Sachs & Co. LLC, and Santander US Capital Markets.
Additional support and underwriting management for the transaction are provided by:
- Intesa Sanpaolo IMI Securities Corp.
- Mizuho Securities USA LLC
- UniCredit Capital Markets LLC
- Wells Fargo Securities, LLC
By leveraging this diversified group of financial leaders, CNH Industrial capitalizes on robust market demand to secure liquidity, ensuring its agricultural and construction equipment financing arms remain heavily backed for the coming years.
