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Article: John Deere Credit Limited A$500 Million Combined Commercial Paper, Medium Term Note Program Rated by Fitch IBCA - Fitch IBCA -
- Article from:
- PR Newswire
- Article date:
- August 31, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. 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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NEW YORK, Aug. 31 /PRNewswire/ -- Fitch IBCA assigns its ratings of 'F1' and 'A' to Australia-based John Deere Credit Limited's A$500 million combined commercial paper and medium-term note programs. John Deere Credit Limited is a wholly owned subsidiary of John Deere Capital Corp. (JDCC), an indirect, wholly owned subsidiary of Deere & Co. (Deere), the leading manufacturer of agricultural equipment, as well as a producer of construction and commercial and consumer equipment. JDCC is Deere's U.S.-based domestic captive finance subsidiary. JDCC guarantees all payments on the combined commercial paper and medium-term note program of John Deere Credit Limited.
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