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Article: U.S. Bank Selected as Indenture Trustee for John Deere Owner Trust 2007.
- Article from:
- Business Wire
- Article date:
- June 28, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MINNEAPOLIS -- U.S. Bank today announced that Deere & Company has selected the bank as indenture trustee for its asset-backed note financing supported primarily by agricultural and construction retail installment sale and loan contracts secured by new and used agricultural, construction and forestry equipment. In its role as indenture trustee for the $1,000,800,000 John Deere Owner Trust 2007, U.S. Bank will be responsible for compliance oversight, noteholder communication and processing of interest and principal payments.
The Servicer, John Deere Capital Corporation, is a wholly owned finance subsidiary of John Deere. It primarily provides financing for John ...