#United States #Financial Services #Harley-Davidson #Milwaukee #Medium-Term Notes

Harley-Davidson Financial Services Announces Tender Offer Pricing

On November 21, 2025, Harley-Davidson Financial Services, Inc. (HDFS), a subsidiary of Harley-Davidson, Inc., has revealed the pricing for its tender offers that aim to purchase all outstanding Medium-Term Notes. Particularly, these are the 6.500% Medium-Term Notes due in 2028 and the 5.950% Medium-Term Notes due in 2029.

Pricing Details

The following table outlines the details for each of the notes:

The calculation above considers various factors, including US Treasury Reference security yields, filtered through the Bloomberg reference page. The reference yield is determined as of 2:00 PM New York City time on the announcement date.

Understanding the Tender Offers

The tender offers are designated to allow HDFS to buy back these notes for cash at the determined pricing. The offers will expire at 5:00 PM New York City time on the same day of the announcement, barring any extensions or terminations.

Tendered notes can be withdrawn up to the expiration date by adhering to instructions in the Offer to Purchase documentation. As part of the transaction, holders who submit their notes will receive the consideration, excluding accrued interest, payable on the expected settlement date of November 24, 2025.

Instructions for Note Holders

Holders of the Medium-Term Notes are encouraged to read the Offer to Purchase details carefully before making any decisions. There’s no minimal amount required for notes to be considered in this offer, granting holders flexibility.

Simply put, the proposal is straightforward: tender your notes as outlined prior to the expiry to take advantage of this opportunity. After the expiration date, any tendered notes cannot be withdrawn without specific legal requirements.

Insight into HDFS

Harley-Davidson Financial Services is not merely engaged in financing; it plays a crucial role in servicing wholesale inventory receivables and retail consumer loans primarily for Harley-Davidson motorcycles. Operating mainly in the US and Canada, HDFS also provides motorcycle insurance and protection products via third-party collaborations.

The company’s forward-looking strategy emphasizes maintaining a competitive edge while navigating the complexities of market conditions. They focus on financial health by dynamically managing retail credit losses, adjusting to economic trends, and ensuring they align with consumer credit behavior.

Closing Thoughts

Overall, Harley-Davidson Financial Services is taking measured steps to manage its financial obligations while increasing accessibility for stakeholders. For investors and interested parties, staying informed about these tender offers is key to navigating the upcoming financial landscape efficiently. HDFS is cautiously optimistic about the future and invites all notes holders to consider their empowering position in this tendering process.

As Harley-Davidson continues to solidify its brand and enhance its service offerings, this announcement marks yet another significant stride into financial agility. For further queries regarding these offers, HDFS has enlisted prominent dealer managers such as J.P. Morgan, TD Securities, and Wells Fargo, providing clear channels for communication and assistance.

Contact Information

For any questions about the tender offers, investors can directly reach out to the leads at J.P. Morgan, TD Securities, and Wells Fargo, noting their respective contact details as outlined [previously]. Furthermore, D.F. King & Co., Inc. serves as the tender and information agent for these offers, ensuring transparent processes are upheld throughout.

Legally, it is important to highlight that this announcement does not constitute a solicitation to buy or sell securities in jurisdictions where such offerings would be unlawful. Potential retainees are advised to approach the Offers with diligence, considering their financial strategy.