DEERE JOHN CAPITAL CORP 8-K

What Happened

• John Deere Capital Corporation announced on March 10, 2026 that it issued $1.5 billion aggregate principal amount of senior notes under its shelf registration. The offering consisted of $300 million of Floating Rate Senior Notes due March 9, 2029; $700 million of 3.900% Fixed Rate Senior Notes due March 9, 2029; and $500 million of 4.200% Fixed Rate Senior Notes due March 10, 2031.

Key Details

• Filing date: March 10, 2026 (Current Report on Form 8-K, Item 9.01 — Financial Statements and Exhibits).
• Issue amounts and terms:
  • $300,000,000 Floating Rate Senior Notes, due March 9, 2029.
  • $700,000,000 Fixed Rate Senior Notes, 3.900%, due March 9, 2029.
  • $500,000,000 Fixed Rate Senior Notes, 4.200%, due March 10, 2031.
• Issuance completed pursuant to the company’s automatic shelf registration statement on Form S-3 (No. 333-272130).
• Legal opinion and consent of counsel (Kirkland & Ellis LLP) were filed as exhibits to the 8-K.

Why It Matters

• The company increased its outstanding senior debt by $1.5 billion with maturities concentrated in 2029 and 2031. That changes the firm’s debt profile and will affect future interest expense and refinancing needs as those maturities approach.
• Investors should note the mix of floating- and fixed-rate notes and the stated coupon rates (3.900% and 4.200%) when assessing John Deere Capital’s interest-cost exposure and the company’s near- to medium-term funding plan.