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CNH Industrial's Subsidiary Prices CA$400 Million Debt Offering
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CNH Industrial's Subsidiary Prices CA$400 Million Debt Offering
Mar 21, 2024 3:16 PM

05:57 PM EDT, 03/21/2024 (MT Newswires) -- CNH Industrial ( CNHI ) said late Thursday its subsidiary, CNH Industrial Capital Canada, has priced its 400 million Canadian dollars ($231.8 million) offering of 4.80% notes due March 25, 2027, at 99.876% of par value.

The unit intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes. The offering will likely close on March 25.

Price: 12.69, Change: -0.16, Percent Change: -1.25

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