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ItalianoBond Ford Credit 3.15% ( US34540TJA16 ) in USD
| Issuer | Ford Credit |
| Market price | 100 % ▲ |
| Country |  United States
|
| ISIN code |
 US34540TJA16 ( in USD )
|
| Interest rate | 3.15% per year ( payment 2 times a year) |
| Maturity | 20/02/2025 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 12 659 000 USD |
| Cusip | 34540TJA1 |
| Standard & Poor's ( S&P ) rating | BB+ ( Non-investment grade speculative ) |
| 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. An informative review of a recently matured debt instrument reveals key characteristics of the bond with ISIN US34540TJA16 and CUSIP 34540TJA1, issued by Ford Motor Credit Company, a wholly-owned subsidiary of Ford Motor Company established to provide financing to dealers and customers for the purchase of Ford vehicles. This U.S.-issued obligation, denominated in USD, featured a fixed interest rate of 3.15% with semi-annual payments, and originated as part of a total issue size amounting to $12,659,000, with a minimum purchase increment set at $1,000. The bond, which carried a Standard & Poor's rating of BB+ and a Moody's rating of Ba1, reached its maturity date on February 20, 2025, at which point it was redeemed at par, consistent with its listed 'current market price' of 100% at the time of its final settlement. |