DEERE JOHN CAPITAL CORP 8-K

What Happened
John Deere Capital Corporation announced on April 28, 2026 that it issued $500,000,000 aggregate principal amount of 4.125% Fixed Rate Senior Notes due January 18, 2029 and $500,000,000 aggregate principal amount of 4.375% Fixed Rate Senior Notes due April 15, 2031. The notes were issued pursuant to the company’s automatic shelf registration statement on Form S-3 (No. 333-272130, as amended).

Key Details

• Total issuance: $1,000,000,000 aggregate principal amount (two tranches of $500M each).
• Coupon rates and maturities: 4.125% fixed due January 18, 2029; 4.375% fixed due April 15, 2031.
• Filing: Current Report on Form 8-K dated April 28, 2026; exhibits include legal opinion and consent from Kirkland & Ellis LLP.
• Authorized and issued under the company’s previously filed automatic shelf registration (Form S-3).

Why It Matters
This transaction increases John Deere Capital’s outstanding senior debt by $1.0 billion and secures fixed-rate financing through 2029 and 2031. For investors, the new notes affect the company’s capital structure and fixed interest obligations (interest expense locked at the stated coupon rates) and provide liquidity or refinancing flexibility, depending on how the proceeds are used. The filing does not disclose use of proceeds, pricing details beyond the coupons, or credit ratings; those items would appear in offering documents or subsequent disclosures.