Tuesday, December 16, 2008

Deere John, I regret to insure you....

NEW YORK, Dec 16 (Reuters) - John Deere Capital Corp, the finance arm of Deere & Co (DE.N: Quote, Profile, Research, Stock Buzz), on Tuesday sold $2 billion in 3-1/2-year bonds that will be backed by the Federal Deposit Insurance Corp, according to IFR, a Thomson Reuters publication.

The bonds priced at 184.9 basis points over comparable U.S. Treasuries.

No comments: