LONDON, Nov. 9, 2017 /PRNewswire/ -- Following the
previous announcement by CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) of the launch of a benchmark notes issuance denominated in
U.S. dollars, CNH Industrial announces that it has priced $500 million in aggregate principal
amount of 3.850% notes due 2027, with an issue price of 99.384%.
The offering is expected to close on November 14, 2017. CNH Industrial N.V. intends to use the
net proceeds from this offering for working capital and other general corporate purposes.
The notes, which are senior unsecured obligations of CNH Industrial N.V., will pay interest semi- annually on May
15 and November 15 of each year, beginning on May 15, 2018. The notes will mature on
November 15, 2027.
BofA Merrill Lynch, J.P. Morgan and Wells Fargo Securities are acting as the joint book-running managers and underwriters for
the offering. The offering is being made pursuant to an effective shelf registration statement filed with the U.S. Securities and
Exchange Commission on September 11, 2015. Copies of the preliminary prospectus supplement and the
accompanying prospectus for the offering may be obtained by contacting BofA Merrill Lynch at 200 North College Street, 3rd Floor,
Charlotte, NC 28255-0001, Attn: Prospectus Department, toll-free at 1-800-294-1322 or at
dg.prospectus_requests@baml.com; J.P. Morgan
Securities LLC at 383 Madison Avenue, New York, NY, 10179, Attn: Investment Grade Syndicate
Desk, 3rd Floor, or by telephone at (212) 834-4533; or Wells Fargo Securities at 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, Attn: WFS Customer Service, toll-free at (800) 645-3751 or at wfscustomerservice@wellsfargo.com. Copies of the preliminary
prospectus supplement and the accompanying prospectus for the offering are also available on the website of the U.S. Securities
and Exchange Commission at http://www.sec.gov.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities, nor
shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be
unlawful.
This press release contains forward-looking statements. These statements reflect current beliefs, as well as assumptions
made by, and information available to, the entities referred to in this press release. Forward-looking statements are not
guarantees of future performance and involve risks and uncertainties. Actual future results and developments could differ
materially from those set forth in these statements due to various factors. These factors include, among others, changes in the
general economic and competitive situation, particularly in the CNH Industrial group's businesses and markets. In addition,
future results and developments could be affected by the performance of financial markets, fluctuations in exchange rates and
changes in national and supranational law. None of the companies referenced in this press release undertake any obligation
to update forward-looking statements.
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
Contacts:
Corporate Communications
Email: mediarelations@cnhind.com
Investor Relations
Email: investor.relations@cnhind.com
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SOURCE CNH Industrial N.V.