S&P Global Ratings raises its rating on CNH Industrial to ‘BBB+’
01 Décembre 2023 - 7:00AM
Basildon, December 1, 2023
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI)
announces that on November 30, 2023, S&P Global Ratings raised
its long-term issuer credit ratings on CNH Industrial N.V. and its
subsidiary, CNH Industrial Capital LLC, to 'BBB+' from 'BBB'.
S&P Global Ratings also affirmed the 'A-2' short-term issuer
credit rating.
Additionally, S&P Global Ratings raised the
issue-level ratings on CNH Industrial N.V. and its industrial
subsidiaries' debt, as well as the issue-level ratings on CNH
Industrial Capital LLC's senior unsecured debt, to 'BBB+' from
'BBB'.
The outlook is stable.
CNH Industrial (NYSE: CNHI /
MI: CNHI) is a world-class equipment and services company. Driven
by its purpose of Breaking New Ground, which centers on Innovation,
Sustainability and Productivity, the Company provides the strategic
direction, R&D capabilities, and investments that enable the
success of its global and regional Brands. Globally, Case
IH and New Holland Agriculture supply
360° agriculture applications from machines to implements and the
digital technologies that enhance them; and CASE
and New Holland Construction Equipment deliver a
full lineup of construction products that make the industry more
productive. The Company’s regionally focused Brands include:
STEYR, for agricultural tractors;
Raven, a leader in digital agriculture, precision
technology and the development of autonomous systems;
Hemisphere, a leading designer and manufacturer of
high-precision satellite-based positioning and heading
technologies; Flexi-Coil, specializing in tillage
and seeding systems; Miller, manufacturing
application equipment; Kongskilde, providing
tillage, seeding and hay & forage implements; and
Eurocomach, producing a wide range of mini and
midi excavators for the construction sector, including electric
solutions.
Across a history spanning over two centuries,
CNH Industrial has always been a pioneer in its sectors and
continues to passionately innovate and drive customer efficiency
and success. As a truly global company, CNH Industrial’s 40,000+
employees form part of a diverse and inclusive workplace, focused
on empowering customers to grow, and build, a better world.
For more information and the latest financial
and sustainability reports visit: cnhindustrial.com
For news from CNH Industrial and its Brands
visit: media.cnhindustrial.com
Contacts:
Media RelationsEmail:
mediarelations@cnhind.com
Investor RelationsEmail:
investor.relations@cnhind.com
- 20231201_PR_CNH_Industrial_SP_Global_Ratings
CNH Industrial NV (BIT:CNHI)
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