CNH Related Content

CNH Signs Agreement for More Than $3B Revolving Credit Facility

Equipment and services company CNH signed an agreement for a €3.25 billion ($3.47 billion) committed revolving credit facility. According to an 8K filed with the SEC, the facility is unsecured and was entered into with a group of 18 banks, including Citibank as facility agent. read more

CNH Makes Minority Investment in Drone Imaging AI Company Bem Agro 

Equipment and services company CNH’s investment arm, CNH Ventures, took a minority stake in Bem Agro, a Brazilian startup that uses artificial intelligence to convert aerial field images — including those taken from machines, drones and satellites — into agronomic mapping reports. read more

CNH Makes Minority Investment in Advanced Farm Technologies

CNH made a minority investment in California-based startup Advanced Farm Technologies, which specializes in the robotic harvesting of apples, strawberries and other fruits. read more

WSJ: Tractors Take Hit from Tariff Trickle Down

According to the Wall Street Journal, manufacturers of tractors and other farming equipment report weak demand for new equipment as the industry’s on-going slump continues to be exacerbated by trade tensions between the U.S. and China. read more

Top Five Construction Equipment Lenders Account for 74.6% of Nov Total

Statistical data for the construction equipment market provided by EDA showed the top 20 lenders in the segment completed a total of 5,954 new filings during the month of November 2017. read more

CNH Financial Q2 Earnings Drop on Portfolio Shrinkage, Lower Spreads

CNH reported Q2/16 net income for Financial Services was down $11 million from $98 million in Q2/15 as a result of lower average portfolio balances and reduction in interest rate spreads. read more

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