S&C Advises CNH Industrial Capital LLC in $400 Million SEC-Registered Notes OfferingOctober 21, 2016
S&C advised CNH Industrial Capital LLC in the completion of an SEC-registered offering of $400 million of its 3.875% notes due 2021, guaranteed by two of its subsidiaries, CNH Industrial Capital America LLC and New Holland Credit Company, LLC.
CNH Industrial Capital is a captive finance company of S&C client CNH Industrial N.V., a leading global capital goods company that, through its various businesses, designs, produces, markets, sells and finances agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles, in addition to a broad portfolio of powertrain applications.
The S&C team for the offering was led by John Savva. Jeff Hochberg advised on tax matters.