John Deere unit to raise money from note offering

Posted June 16, 2010 at 11:15 a.m.

Associated Press | John Deere Capital aims to raise about C$150 million from an issue of medium-term notes, maturing June 2014, according to a person familiar with the offering.


Pricing has yet to be determined, but the spread guidance is about 92
basis points over the relevant government of Canada benchmark curve.

John Deere is a financing arm of Deere & Co., an equipment supplier
for the agriculture, forestry, construction, and lawn and turf
industries.

 

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