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Fitch affirms John Deere Capital

Fitch Ratings affirmed the A long-term issuer default rating and F1 short-term issuer default rating of John Deere Capital Corp. with a stable outlook.

The ratings take into account Fitch's view that the company is a core subsidiary of Deere & Co. John Deere Capital's consistent operating performance, solid asset quality through cycles, sufficient liquidity and strong funding profile also support the ratings.