Bond Ford Credit 7.35% ( US345397C684 ) in USD

Issuer	Ford Credit
Market price	107.257 % ▲
Country	United States
ISIN code	US345397C684 ( in USD )
Interest rate	7.35% per year ( payment 2 times a year)
Maturity	06/03/2030
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Minimal amount	/
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Cusip	345397C68
Standard & Poor's ( S&P ) rating	BBB- ( Lower medium grade - Investment-grade )
Moody's rating	Ba1 ( Non-investment grade speculative )
Next Coupon	06/03/2026 ( In 170 days )
Detailed description	Ford Motor Credit Company (FMC) is a captive finance subsidiary of Ford Motor Company providing financial products and services, including vehicle financing and leasing, to Ford and Lincoln brand customers. A significant fixed-income instrument currently drawing market attention is the bond issued by Ford Motor Credit Company, identified by its ISIN US345397C684 and CUSIP 345397C68. Ford Motor Credit Company, a wholly-owned subsidiary of Ford Motor Company, functions as the crucial financial services arm for the global automotive giant, providing wholesale financing to dealerships and retail financing for vehicle purchases and leases to customers worldwide. Its integral role in facilitating Ford and Lincoln vehicle sales positions its financial health as directly tied to the broader automotive market and the performance of its parent company. This specific bond, denominated in US Dollars (USD), features a fixed annual interest rate (coupon) of 7.35%, with coupon payments distributed semi-annually, a standard frequency for corporate debt. The instrument is set to mature on March 6, 2030, originating from the United States, thus subject to its regulatory frameworks. As of recent market data, the bond is trading at 103.888% of its par value, indicating a premium reflective of either strong market demand or a lower prevailing yield environment relative to its attractive coupon. The bond's creditworthiness has been assessed by leading rating agencies: Standard & Poor's (S&P) has assigned a rating of BBB-, placing it at the lower end of investment-grade, while Moody's has rated it Ba1, which falls into the highest tier of non-investment grade or speculative status. This divergence in ratings between a minimally investment-grade view by S&P and a speculative-grade view by Moody's provides investors with different perspectives on the issuer's capacity to meet its financial obligations, with Moody's indicating a slightly elevated credit risk.