John Deere Capital Corp. plans to issue a $851.42 million equipment lease- backed securitization, according to prospectus supplement filed with the U.S. Securities and Exchange Commission today.
The deal, John Deere Owner Trust 2013 is underwritten by Citigroup, Barclays, Deutsche Bank, BofA Merrill Lynch and Mitsubishi UFG Securities.
The transaction is backed by agricultural and construction equipment retail installment sale and loan contracts that are secured by new and used; agricultural and construction equipment.
