Deals 04/12/2022

Loop Capital Markets as co-manager on $600 million senior unsecured Sustainability bond offering for John Deere Capital Corporation

On April 12, 2022, Loop Capital Markets served as a co-manager on a $600 million senior unsecured Sustainability notes offering for John Deere Capital Corporation. The 7-year bond is rated A2/A/A.

Use of proceeds are earmarked for General corporate purposes including the interest rate payable on the (April 18, 2026) notes shall be increased by 25 basis points (25bp Step Up) from the Initial Interest Rate of 3.350% to 3.600% per year unless John Deere Capital Corporation has achieved the Sustainability Performance. Failure to achieve Sustainability Performance Target of reducing Scope 1 & 2 Greenhouse Gas Emissions equal to a minimum of 20% (vs FY 2021 baseline) by Performance Reference Date (10/31/25).