PROSPECTUS and PRICING SUPPLEMENT NO. 18
PROSPECTUS SUPPLEMENT, each Dated April 16, 2024
Dated May 22, 2023 Registration Statement No. 333-272130
  Filed Pursuant to Rule 424(b)(2)

 

U.S. $20,850,000,000

JOHN DEERE CAPITAL CORPORATION

 

MEDIUM-TERM NOTES, SERIES I

Due 9 Months or More from Date of Issue

 

$325,000,000 Floating Rate Senior Notes Due April 19, 2027

 


The Medium-Term Notes offered hereby will be Floating Rate Notes and senior securities as more fully described in the accompanying Prospectus and Prospectus Supplement and will be denominated in U.S. Dollars.

 

 

CUSIP / ISIN: 24422EXQ7 / US24422EXQ78
   
Date of Issue: April 19, 2024
   
Maturity Date: April 19, 2027
   
Principal Amount: $325,000,000
   
Interest Rate Basis: Compounded SOFR
   
Index Maturity: Daily
   
Spread: +60 basis points
   
Initial Interest Rate: Compounded SOFR determined on July 12, 2024 plus the Spread, accruing from and including April 19, 2024 to but excluding the first Interest Payment Date, calculated as described herein
   
Day Count: Actual/360, Adjusted
   
Interest Reset Dates: Each Interest Payment Date
   
Interest Determination Dates: Quarterly, five U.S. Government Securities Business Days preceding each Interest Reset Date
   
Interest Payment Dates: Quarterly on the 19th of January, April, July and October, commencing on July 19, 2024 and ending on the Maturity Date
   
Interest Period: Each quarterly period from, and including, an Interest Payment Date (or, in the case of the first Interest Period, the Date of Issue) to, but excluding, the next Interest Payment Date (or, in the case of the final Interest Period, the Maturity Date).

 

 

Observation Period: The period from and including five U.S. Government Securities Business Days preceding an Interest Payment Date to but excluding five U.S. Government Securities Business Days preceding the next Interest Payment Date, provided that the first Observation Period shall be from and including five U.S. Government Securities Business Days preceding the Date of Issue to but excluding five U.S. Government Securities Business Days preceding the first Interest Payment Date.
   
Minimum Interest Rate: 0.000%

 

Price to Public: 100.000% plus accrued interest, if any, from April 19, 2024
   
Business Day: New York and U.S. Government Securities Business Day
   
Business Day Convention: Modified Following, Adjusted
   
Redemption Provisions: None

 

Plan of Distribution: Name Principal
Amount Of
Notes
  BofA Securities, Inc. $162,500,000
  Deutsche Bank Securities Inc. $162,500,000
  Total $325,000,000
  The above Agents have severally agreed to purchase the respective principal amount of Notes, opposite their names as principal, at a price of 99.875% plus accrued interest, if any, from April 19, 2024.