QUOTATIONS
Industrial Cnh
CNH Industrial has announced its intention to proceed with a bond issue by the indirectly and wholly owned subsidiary CNH Industrial Capital Canada through a private placement to a number of accredited investors in each of the provinces of Canada, subject to market conditions. The securities will be guaranteed by CNH Industrial Capital LLC, CNH Industrial Capital America LLC and New Holland Credit Company, LLC, all of which are indirectly and wholly owned by CNH Industrial.
CNH Industrial Capital Canada intends to use the net proceeds of the bond issue, in addition to its general liquidity, for working capital needs and general business needs including, inter alia, the purchase of receivables or other assets in the normal course of business. The net proceeds may also be used to repay other debt of CNH Industrial Capital Canada Ltd. at maturity.