Deere Sells $1.15B In Notes In Two Terms

Wed. September 03, 2008; Posted: 10:49 PM

Banc of America Securities and JP Morgan were the joint lead managers for the sale. The $500 million note has a maturity in 2013 and the $650 million note will mature in 2018.

Shares of Deere closed down 3% to $66.53 on Wednesday.

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For full details on Deere & Co (DE) click here. Deere & Co (DE) has Short Term PowerRatings of 5. Details on Deere & Co (DE) Short Term PowerRatings is available at This Link.

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