John Deere Capital Corporation, founded in 1981 and headquartered in Moline, Illinois, serves as the financial services subsidiary of Deere & Company. The corporation is dedicated to providing financing solutions that facilitate the acquisition of agricultural, construction, and forestry equipment. It plays a critical role in supporting the growth and sustainability of rural and industrial businesses across the United States and globally.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
John Deere Capital Corporation began issuing bonds in the late 1980s to enhance its capital structure and support lending operations. One notable issuance was in 2020, when it successfully raised $1 billion in notes to refinance existing debt and fund equipment financing. Current yields on its bonds tend to be competitive within the agricultural finance sector, reflecting strong credit ratings and investor confidence. The bonds typically feature fixed interest rates and, on occasion, incorporate call provisions, allowing the issuer to redeem bonds before maturity under specified conditions.