NYSE: DE DEERE & CO 8-K

Deere's Canadian subsidiary issues $300M of 4.850% senior notes due 2031

Filed July 15, 2026 · Period ending July 10, 2026 · ~1 min read

Key Changes

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Deere Funding Canada issued $300M in 4.850% senior unsecured notes maturing July 15, 2031, fully guaranteed by Deere & Company on a senior unsecured basis, ranking equally with other senior debt.

Item 8.01 — Other Events verify on EDGAR →
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Notes are redeemable in whole or in part at any time prior to maturity with 15-45 days' notice at prices detailed in the prospectus supplement; also redeemable at par plus accrued interest for certain tax developments.

Item 8.01 — Other Events verify on EDGAR →

Summary

Deere & Company disclosed that its wholly owned Canadian subsidiary, Deere Funding Canada Corporation, issued $300 million in senior unsecured notes on July 10, 2026. The notes carry a 4.850% coupon and mature July 15, 2031, with semi-annual interest payments beginning January 15, 2027.

Deere & Company provides a full and unconditional guarantee on a senior unsecured basis, meaning the notes rank equally with Deere's other senior unsecured obligations. This is a routine debt issuance through Deere's Canadian funding vehicle, likely part of the company's ongoing capital management and liquidity strategy. The 4.850% rate reflects current market conditions for investment-grade corporate debt.

The notes include standard redemption provisions allowing early repayment at the issuer's option, as well as a tax-event redemption clause. For retail holders of Deere equity, this represents incremental leverage but does not materially alter the company's capital structure or financial flexibility.