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ItalianoBond Ford Credit 4.063% ( US345397ZX44 ) in USD
| Issuer | Ford Credit |
| Market price | 100 % ▲ |
| Country |  United States
|
| ISIN code |
 US345397ZX44 ( in USD )
|
| Interest rate | 4.063% per year ( payment 2 times a year) |
| Maturity | 01/11/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 200 000 USD |
| Total amount | 1 500 000 000 USD |
| Cusip | 345397ZX4 |
| Standard & Poor's ( S&P ) rating | BBB- ( Lower medium grade - Investment-grade ) |
| Moody's rating | Ba1 ( Non-investment grade speculative ) |
| 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. Ford Motor Credit Company, the dedicated financial services arm of the global automotive giant Ford Motor Company, has recently seen the complete maturity and repayment of a significant U.S.-issued debt instrument, identified by ISIN US345397ZX44 and CUSIP 345397ZX4; this obligation, denominated in USD, carried an annual interest rate of 4.063% with semi-annual payment frequency and reached its November 1, 2024, maturity at its 100% par value as part of a $1.5 billion total issuance with a minimum purchase size of $200,000, and throughout its duration, the bond maintained credit ratings of BBB- from Standard & Poor's, placing it within the lower rung of investment-grade debt, and Ba1 from Moody's, indicating its position as the highest tier of speculative-grade debt. |