Here are the 424B prospectus supplements from Deere & Company (DE) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow DE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DE filings page.
Deere Funding Canada Corporation is issuing $300,000,000 aggregate principal amount of 4.850% senior unsecured Notes due July 15, 2031, fully and unconditionally guaranteed on a senior unsecured basis by Deere & Company. Interest is paid semi-annually each January 15 and July 15, starting January 15, 2027, using a 30/360 day-count convention.
The Notes are offered at 99.939% of principal, with a 0.350% underwriting discount, generating gross proceeds of $298,767,000 and estimated net proceeds of about $298,267,000. Proceeds will be used for general corporate purposes, with at least 85% advanced to Deere & Company or a controlled affiliate within six months. The Notes may be redeemed before maturity: a make-whole call at Treasury Rate plus 0.100% before June 15, 2031, par redemption on or after that date, and a tax redemption at 100% plus accrued interest if specified Canadian or related tax changes require additional withholding. The Notes are not listed, and the underwriters are not obligated to maintain a trading market. Key risks include reliance on the Guarantor’s financial condition, potential limited liquidity, issuer redemption reducing expected returns, and U.S. tax uncertainty if the IRS were to treat the Notes as issued by the Guarantor.
Deere Funding Canada Corporation, an indirect wholly owned subsidiary of Deere & Company, is offering a new series of senior unsecured notes fully and unconditionally guaranteed on a senior unsecured basis by Deere & Company. Interest is payable semi-annually, and the notes will be issued in minimum denominations of $2,000 in book-entry form through DTC.
Before a defined Par Call Date, the notes are optionally redeemable at a make-whole premium based on a Treasury Rate calculation; on or after the Par Call Date they are redeemable at par, and they may also be redeemed at par in certain tax events. The notes rank equally with other unsecured, unsubordinated indebtedness of the issuer and guarantor. Net proceeds will be used for general corporate purposes, with at least 85% advanced to Deere & Company or a controlled company within six months. The supplement highlights risks including reliance on the guarantor’s financial condition, potential illiquidity of the trading market, and reinvestment risk from early redemption, as well as detailed Canadian and U.S. tax considerations and selling restrictions in multiple jurisdictions.