Bond Ford Credit 3.157% ( US345397XK41 ) in USD
Issuer | Ford Credit | ||
Market price | 100 % ▲ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 3.157% per year ( payment 2 times a year) | ||
Maturity | 04/08/2020 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 1 300 000 000 USD | ||
Cusip | 345397XK4 | ||
Standard & Poor's ( S&P ) rating | N/A | ||
Moody's rating | N/A | ||
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. An examination of a specific debt instrument, identified by ISIN US345397XK41 and CUSIP 345397XK4, reveals details concerning a bond issued by Ford Motor Credit Company. Ford Motor Credit Company, a wholly-owned financial services subsidiary of Ford Motor Company, operates as a significant entity in the debt markets, primarily focused on providing financing solutions to automotive dealers and customers globally. This particular bond, originating from the United States and denominated in USD, was structured with an annual interest rate of 3.157%, disbursed through semi-annual payments. The total issue size for this security was $1,300,000,000, with a minimum investment threshold of $1,000. It is important to note that this debt instrument reached its maturity on August 4, 2020, and has since been fully redeemed at its principal value, completing its lifecycle as an outstanding obligation. |