S&P Global Ratings raises its rating on CNH Industrial to Investment Grade

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LONDON, June 16, 2017 /PRNewswire/ -- CNH Industrial N.V. CNHI announces that on June 15, 2017 S&P Global Ratings raised its long-term corporate credit rating on CNH Industrial N.V. from "BB+" to "BBB-". The long-term corporate credit rating of CNH Industrial Capital LLC was also raised to "BBB-". The short-term rating of CNH Industrial N.V. was raised from "B" to "A-3". The outlook of both companies is stable.

CNH Industrial logo (PRNewsFoto/CNH Industrial N.V.)

CNH Industrial N.V. CNHI is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com

Contacts:




Investor Relations 

Corporate Communications

CNH Industrial 

CNH Industrial

investor.relations@cnhind.com 

mediarelations@cnhind.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sp-global-ratings-raises-its-rating-on-cnh-industrial-to-investment-grade-300475141.html

SOURCE CNH Industrial N.V.

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