CNH Industrial Capital LLC has priced $600 million in aggregate principal amount of 4.950% notes due 2031, with an issue price of 99.615%. The offering is expected to close on June 25, 2026, subject to the satisfaction of customary closing conditions. The notes are senior unsecured obligations of CNH Industrial Capital LLC and will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Industrial Capital LLC.

The notes will pay interest semi-annually on June 25 and December 25 of each year, beginning on December 25, 2026. The maturity date for the notes is June 25, 2031. CNH Industrial Capital LLC intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including the purchase of receivables or other assets in the ordinary course of business. The net proceeds may also be applied to repay CNH Industrial Capital LLC’s indebtedness as it becomes due.

The offering is being made pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission on March 12, 2025. BofA Securities, Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC and Santander US Capital Markets LLC are acting as joint book-running managers and the representatives of the underwriters for the offering. Intesa Sanpaolo IMI Securities Corp., Mizuho Securities USA LLC, UniCredit Capital Markets LLC and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.

Key Details of the Offering

CNH Industrial Capital LLC is an indirect wholly owned subsidiary of CNH Industrial N.V. and is headquartered in Waterford, Wisconsin. As a captive finance company, the primary business of CNH Industrial Capital LLC and its subsidiaries is to underwrite and manage financing products for end-use customers and dealers of CNH Industrial America LLC and CNH Industrial Canada Ltd. and provide other related financial products and services to support the sale of agricultural and construction equipment.

CNH has inaugurated an advanced virtual simulation ecosystem and an automated AutoStore logistics warehouse at its San Matteo R&D hub in Modena, Italy, through a €21 million investment. This dual initiative accelerates product development and parts delivery across Europe by combining digital simulation with high-speed robotics. The investment aims to reduce development time, improve product quality, and ensure faster parts availability for customers in a challenging global market.

"In a challenging global market, speed and precision are critical. At San Matteo, we are combining advanced simulation with automated logistics to reduce development time, improve product quality, and ensure faster parts availability for our customers across Europe," said Markus Mueller, President, EMEA at CNH.

Virtual Intelligence Capabilities

The new simulation hub establishes a virtual-first methodology that identifies machine design anomalies early in the product lifecycle, quickening time-to-market by over 30%. Operating as an integrated digital twin, the ecosystem minimizes engineering risks, optimizes field validation, and reduces testing emissions across three technological pillars:

Physical Speed: Automated AutoStore Logistics

Complementing the virtual R&D hub is a state-of-the-art automated logistics center powered by an advanced AutoStore robotic retrieval system. This facility ensures parts availability within 24 hours for more than 1,200 dealers and workshops worldwide. The system delivers performance breakthroughs compared to traditional warehouses, including a reduction in retrieval time from 15 minutes to under 30 seconds, achieving up to 550 parts per hour.

Key Performance Metrics

Strategic Regional Impact

This milestone reinforces CNH's commitment to Italy's Emilia-Romagna region, known as the "Tractor Valley." To sustain this innovation pipeline, CNH drives open innovation through strategic academic and technical partnerships. These include a renewed 2026 framework agreement with the Università di Bologna and ongoing research collaborations with Unimore – Università di Modena and Reggio Emilia.