Press Releases September 21, 2026 06:08 PM

Pricing of CNH Industrial Capital Canada Ltd. Cdn$200 million notes due 2028 and Cdn$350 million notes due 2030

CNH Industrial Capital Canada Ltd. Prices CAD$550 Million Notes to Fund Corporate Operations and Debt Repayment

By Priya Menon
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CNH Industrial N.V.'s indirect subsidiary, CNH Industrial Capital Canada Ltd., announced the pricing of CAD$200 million notes due 2028 and CAD$350 million notes due 2030 in a private placement to Canadian accredited investors. The notes will be used for working capital, corporate purposes, and to repay existing debt. The notes are senior unsecured obligations and guaranteed by CNH Industrial Capital subsidiaries. This issuance supports the company's financing operations for its agricultural and construction equipment sales divisions in North America.

Pricing of CNH Industrial Capital Canada Ltd. Cdn$200 million notes due 2028 and Cdn$350 million notes due 2030
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Key Points

  • CNH Industrial Capital Canada Ltd. raised CAD$550 million via private placement notes maturing in 2028 and 2030 with coupon rates of 4.00% and 4.40% respectively.
  • Proceeds will support working capital needs, general corporate purposes, and repayment of debt, reinforcing CNH Industrial's financial flexibility.
  • The notes are senior unsecured and guaranteed by CNH Industrial's finance subsidiaries, underpinning the captive finance operations supporting agricultural and construction equipment sales.
  • The financing impacts the industrial equipment manufacturing and financial services sectors, particularly in agriculture and construction markets.

Basildon, UK — 21 September 2026 — CNH Industrial N.V. (NYSE: CNH) today announced that its indirect wholly owned subsidiary, CNH Industrial Capital Canada Ltd., has priced (i) Cdn$200 million in aggregate principal amount of 4.00% notes due September 25, 2028, with an issue price of 99.935% (the “2028 Notes”) and (ii) Cdn$350 million in aggregate principal amount of 4.40% notes due September 25, 2030, with an issue price of 99.989% (the “2030 Notes”, and together with the 2028 Notes, the “Notes”). The Notes are being offered on a private placement basis to certain accredited investors in each of the provinces of Canada, which offering is expected to close on September 25, 2026, subject to the satisfaction of customary closing conditions.

CNH Industrial Capital Canada Ltd. intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including, among other things, the purchase of receivables or other assets in the ordinary course of business, as well as the repayment of indebtedness as it becomes due.

The Notes, which are senior unsecured obligations of CNH Industrial Capital Canada Ltd., will in each case pay interest semi-annually on March 25 and September 25 of each year, beginning on March 25, 2027, and will in each case be guaranteed by CNH Industrial Capital LLC, CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each an indirect wholly owned subsidiary of CNH Industrial N.V.

***

The securities offered in the private placement have not been and will not be qualified for sale to the public under applicable securities laws in Canada and, accordingly, any offer and sale of the securities in Canada will be made on a basis which is exempt from the prospectus requirements of such securities laws.

The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

CNH Industrial Capital LLC is an indirect wholly owned subsidiary of CNH Industrial N.V. and is headquartered in Waterford, Wisconsin. As a captive finance company, the primary business of CNH Industrial Capital LLC and its subsidiaries is to underwrite and manage financing products for end-use customers and dealers of CNH Industrial America LLC and CNH Industrial Canada Ltd. (collectively, “CNH Industrial North America”) and provide other related financial products and services to support the sale of agricultural and construction equipment sold by CNH Industrial North America. CNH Industrial Capital LLC and its subsidiaries also provide wholesale and retail financing related to new and used agricultural and construction equipment manufactured by entities other than CNH Industrial North America. CNH Industrial Capital LLC’s principal executive offices are located at 1 CNH Way, Waterford, WI 53185, and the telephone number is +1(262) 636-6011.

Attachment

  • 20260921_PR_CNH Capital_Canada_Pricing

Risks

  • Interest rate risk associated with fixed coupon notes over multi-year maturities may affect future financing costs and profitability.
  • The private placement and unregistered status under U.S. securities laws limit liquidity of these notes, posing potential marketability risks.
  • Economic downturns impacting agricultural and construction equipment sales could reduce demand for financing services and affect CNH Industrial's overall financial health.

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