Harley-Davidson Prices $750 Million Senior Notes Offering

MILWAUKEE, July 23, 2015 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE: HOG) today has priced a public offering of $750 million aggregate principal amount of fixed rate senior notes consisting of the following:

-- $450 million of senior notes that mature in 2025 and bear interest at a rate of 3.500% and

-- $300 million of senior notes that mature in 2045 and bear interest at a rate of 4.625%.

Harley-Davidson expects that it will receive approximately $740.9 million of net proceeds from the offering after deducting underwriting discounts and commissions and estimated expenses of the offering.  Harley-Davidson intends to use the net proceeds from the offering to fund repurchases of Harley-Davidson common stock from time to time through the remainder of 2015.

Citigroup Global Markets Inc., Goldman, Sachs & Co. and J.P. Morgan Securities LLC are serving as joint book-running managers for the offering.

The offering is being made under Harley-Davidson's shelf registration statement filed with the Securities and Exchange Commission and only by means of a prospectus supplement and accompanying prospectus. A copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone:  1-800-831-9146, or by e-mailing [email protected]; Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, or by emailing [email protected]; or J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, Attention: Investment Grade Syndicate Desk – 3rd floor, telephone: (212) 834-4533 (collect).

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Company BackgroundHarley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Harley-Davidson Motor Company produces cruiser and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel, and general merchandise. Harley-Davidson Financial Services provides wholesale and retail financing, insurance, extended service and other protection plans and credit card programs to Harley-Davidson dealers and riders in the U.S., Canada and other select international markets.

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SOURCE Harley-Davidson, Inc.