CNH Industrial N.V. Enters Material Definitive Agreement

TL;DR

CNHI just signed a big deal for its 2027 notes, creating a new financial obligation.

AI Summary

On March 24, 2025, CNH Industrial N.V. entered into a material definitive agreement related to its A3850 Notes due 2027. This agreement also created a direct financial obligation for the registrant. The filing includes financial statements and exhibits related to this transaction.

Why It Matters

This filing indicates a significant financial transaction or obligation for CNH Industrial N.V., potentially impacting its debt structure and financial obligations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to debt covenants, interest rate fluctuations, and repayment capacity.

Key Players & Entities

• CNH Industrial N.V. (company) — Registrant
• A3850 Notes due 2027 (dollar_amount) — Financial Obligation
• March 24, 2025 (date) — Date of earliest event reported

FAQ

From the Filing

0001628280-25-015490.txt : 20250328 0001628280-25-015490.hdr.sgml : 20250328 20250328172517 ACCESSION NUMBER: 0001628280-25-015490 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250324 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250328 DATE AS OF CHANGE: 20250328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CNH Industrial N.V. CENTRAL INDEX KEY: 0001567094 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] ORGANIZATION NAME: 06 Technology EIN: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36085 FILM NUMBER: 25787938 BUSINESS ADDRESS: STREET 1: CRANES FARM ROAD CITY: BASILDON, ESSEX STATE: X0 ZIP: SS14 3AD BUSINESS PHONE: 011 44 1268 533000 MAIL ADDRESS: STREET 1: CRANES FARM ROAD CITY: BASILDON, ESSEX STATE: X0 ZIP: SS14 3AD FORMER COMPANY: FORMER CONFORMED NAME: FI CBM Holdings N.V. DATE OF NAME CHANGE: 20130115 8-K 1 cnhi-20250324.htm 8-K cnhi-20250324 0001567094 false 0001567094 2025-03-24 2025-03-24 0001567094 us-gaap:CommonStockMember 2025-03-24 2025-03-24 0001567094 cnhi:A3850NotesDue2027Member 2025-03-24 2025-03-24 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): 3/24/2025 CNH INDUSTRIAL N.V. (Exact name of registrant as specified in its charter) Netherlands 001-36085 98-1125413 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) Cranes Farm Road , Basildon, Essex , SS14 3AD , United Kingdom N/A (Address of principal executive offices) (Zip Code) +44 2079 251964 Registrant’s telephone number including area code N/A (Former name, former address and former fiscal year, if changed since last report) : Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))      Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares, par value €0.01 CNH New York Stock Exchange 3.850% Notes due 2027 CNH27 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act of 1934(§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01.    Entry into a Material Definitive Agreement On March 24, 2025, CNH Industrial N.V. (the “Company” or “CNH”) and Citibank Europe Plc, UK Branch as facility agent, agreed to extend the maturity date of the Company’s €3.25 billion credit facility to April 19, 2030 (the “Credit Agreement Amendment”). The foregoing description of the Credit Agreement Amendment does not purport to be complete and is qualified in its entirety