CNH Industrial announces its wholly owned subsidiary, CNH Capital, has priced a private offering of $500 mln of 3.25% notes due 2017, issued at par (12.61 -0.29)
CNH Capital LLC intends to use the net proceeds from the offering for working capital and other general corporate purposes, including, among other things, the purchase of receivables or other assets. The net proceeds may also be applied to repay CNH Capital LLC's indebtedness as it becomes due.
SE Marpionne ce la fa a fondere fiat e crisler il costo della raccolta per la nuova entita' dovrebbe scendere parecchio.... Ergo le obbligazioni Fiat gia' sul mercato...