{"id":81735,"date":"2023-12-01T03:12:00","date_gmt":"2023-12-01T06:12:00","guid":{"rendered":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/sp-global-ratings-raises-its-rating-on-cnh-industrial-to-bbb\/"},"modified":"2023-12-01T03:12:00","modified_gmt":"2023-12-01T06:12:00","slug":"sp-global-ratings-raises-its-rating-on-cnh-industrial-to-bbb","status":"publish","type":"post","link":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/sp-global-ratings-raises-its-rating-on-cnh-industrial-to-bbb\/","title":{"rendered":"S&P Global Ratings raises its rating on CNH Industrial to BBB+"},"content":{"rendered":"

CNH Industrial N.V.<\/b><\/p>\n

Basildon, December 1, 2023<\/p>\n

CNH Industrial N.V. (NYSE: CNHI \/ MI: CNHI) announces that on November 30, 2023, S&P Global Ratings raised its long-term issuer credit ratings on CNH Industrial N.V. and its subsidiary, CNH Industrial Capital LLC, to ‘BBB+’ from ‘BBB’. S&P Global Ratings also affirmed the ‘A-2’ short-term issuer credit rating.<\/p>\n

Additionally, S&P Global Ratings raised the issue-level ratings on CNH Industrial N.V. and its industrial subsidiaries’ debt, as well as the issue-level ratings on CNH Industrial Capital LLC’s senior unsecured debt, to ‘BBB+’ from ‘BBB’. <\/p>\n

The outlook is stable.<\/p>\n

CNH Industrial <\/em><\/strong>(NYSE: CNHI \/ MI: CNHI) is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, <\/em>Case IH<\/em><\/strong> and <\/em>New Holland Agriculture<\/em><\/strong> supply 360\u00b0 agriculture applications from machines to implements and the digital technologies that enhance them; and <\/em>CASE<\/em><\/strong> and <\/em>New Holland Construction Equipment<\/em><\/strong> deliver a full lineup of construction products that make the industry more productive. The Companys regionally focused Brands include: <\/em>STEYR<\/em><\/strong>, for agricultural tractors; <\/em>Raven<\/em><\/strong>, a leader in digital agriculture, precision technology and the development of autonomous systems; <\/em>Hemisphere<\/em><\/strong>, a leading designer and manufacturer of high-precision satellite-based positioning and heading technologies; <\/em>Flexi-Coil<\/em><\/strong>, specializing in tillage and seeding systems; <\/em>Miller<\/em><\/strong>, manufacturing application equipment; <\/em>Kongskilde<\/em><\/strong>, providing tillage, seeding and hay & forage implements; and <\/em>Eurocomach, <\/em><\/strong>producing a wide range of<\/em> mini and midi excavators for the construction sector, including electric solutions.<\/em><\/p>\n

Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH Industrials 40,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world. <\/em><\/p>\n

For more information and the latest financial and sustainability reports visit: <\/em>cnhindustrial.com<\/em><\/a><\/p>\n

For news from CNH Industrial and its Brands visit: <\/em>media.cnhindustrial.com<\/em><\/a><\/p>\n

Contacts:<\/strong><\/p>\n

Media Relations<\/strong>
Email: mediarelations@cnhind.com<\/a><\/p>\n

Investor Relations<\/strong>
Email: investor.relations@cnhind.com<\/a><\/p>\n

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