CNH Industrial completes redemption of 77/8% senior notes due 2017
LONDON, June 2, 2017 /PRNewswire/ -- CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced today that its wholly owned subsidiary Case New Holland Industrial Inc. redeemed all of the outstanding $636,061,000 aggregate principal amount of its 77/8% Senior Notes due 2017 on June 1, 2017. Cash used for the redemption was approximately $655,859,030, which included the aggregate principal amount of the notes being redeemed plus a "make-whole" premium.
CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com
For more information contact:
Corporate Communications
Email: mediarelations@cnhind.com
Investor Relations
Email: investor.relations@cnhind.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cnh-industrial-completes-redemption-of-7-senior-notes-due-2017-300467554.html
SOURCE CNH Industrial N.V.
