John Deere Capital issues $1.8 billion in four senior-note tranches

John Deere Capital Corporation issued $1.8 billion of senior notes across four tranches on September 11, 2026, under automatic shelf Registration Statement on Form S-3 No. 333-295908. The completed financing includes $400 million of floating-rate notes and $1.4 billion of fixed-rate notes, according to the subsidiary’s Form 8-K (Form 8-K AccNo 0001104659-26-107111).

Four tranches, three maturity dates

John Deere Capital Corporation’s September 11 issuance spans maturities from 2028 through 2031. Two tranches mature on September 11, 2028: $400 million of floating-rate senior notes and $500 million of fixed-rate senior notes carrying a 4.650% coupon. Together, those two tranches account for $900 million, or half the aggregate principal issued.

The remaining debt consists of $400 million of 4.800% fixed-rate senior notes due September 11, 2029, and $500 million of 5.050% fixed-rate senior notes due September 11, 2031.

Source: John Deere Capital Corporation, Form 8-K, Item 9.01, accession No. 0001104659-26-107111. The total and the $900 million due in 2028 are sums of the disclosed tranche principals.

The filing says the notes were issued on September 11. This is a completed issuance, rather than an announcement of pricing ahead of a future closing. Item 9.01 identifies the automatic shelf registration used for the transaction as Form S-3 No. 333-295908.

The financing subsidiary is the issuer

The distinction between issuer and parent matters for readers following [Deere & Company](/stocks/DE). John Deere Capital Corporation, a subsidiary of Deere & Company, issued these notes. Deere & Company is the parent whose equity trades on the New York Stock Exchange under DE; it is not identified as the issuer of this financing.

The filing’s cover also lists existing 2.00% Senior Notes Due 2031 under the NYSE trading symbol JDCC 31. That listing refers to an existing debt security and should be distinguished from both the four newly issued tranches and the parent’s DE equity.

For company research, the filing establishes the size, stated rate categories and maturity schedule of this subsidiary financing. It does not establish how the transaction affected Deere’s share price or whether the parent guaranteed these notes.

Legal exhibits and remaining details

The Form 8-K supplies issuance-related exhibits under Item 9.01. Exhibit 5.1 is the opinion of Kirkland & Ellis LLP; Exhibit 23.1, the firm’s consent, is included in Exhibit 5.1. Julie M. O. Rosales signed the report as Secretary.

The disclosed terms leave several questions open in this filing. It does not state the floating-rate tranche’s reference index or spread, identify underwriters or ratings, or specify the use of net proceeds. Those omissions limit what readers can conclude about the financing’s full economics. The floating-rate tranche can be described as Floating Rate, but no numerical coupon can be assigned from these disclosures.

The confirmed transaction is therefore a $1.8 billion senior-note issuance by John Deere Capital Corporation, completed Friday, September 11, with the four principal amounts and maturity dates set out above.