Bond Ford Credit 3.35% ( US34540TMX71 ) in USD
Issuer | Ford Credit | ||
Market price | ![]() |
||
Country | ![]() |
||
ISIN code |
![]() |
||
Interest rate | 3.35% per year ( payment 2 times a year) | ||
Maturity | 20/08/2026 | ||
|
|||
Minimal amount | 1 000 USD | ||
Total amount | 11 176 000 USD | ||
Cusip | 34540TMX7 | ||
Standard & Poor's ( S&P ) rating | BB+ ( Non-investment grade speculative ) | ||
Moody's rating | Ba2 ( Non-investment grade speculative ) | ||
Next Coupon | 20/02/2026 ( In 156 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. **Ford Motor Credit Company Bond Offering: A Closer Look at the US34540TMX71 Fixed-Income Instrument** Ford Motor Credit Company (FMCC), a wholly-owned subsidiary of Ford Motor Company, stands as the global automotive giant's primary financial services arm. Its core mission is to facilitate the sale of Ford vehicles by providing comprehensive financing solutions to dealerships and customers worldwide, significantly contributing to Ford's overall business strategy and revenue streams. FMCC's operations encompass a wide array of automotive financing products, including retail financing, lease financing, and wholesale financing for dealer inventory, underpinning the company's robust market presence. An analysis of a specific debt instrument issued by FMCC, identified by ISIN US34540TMX71 and CUSIP 34540TMX7, reveals key characteristics for investors. This bond, denominated in U.S. Dollars (USD), offers an annual interest rate of 3.35%, with interest payments distributed semi-annually, a common practice for corporate bonds. The bond is scheduled to mature on August 20, 2026, providing a defined horizon for investors. The total size of this particular bond issuance is USD 11,176,000, with a relatively accessible minimum purchase increment set at USD 1,000, allowing for participation from various investor profiles. Currently, the bond is trading at 100% of its face value on the market, indicating pricing at par. In terms of credit quality, the bond has been assessed by leading rating agencies. Standard & Poor's (S&P) has assigned it a 'BB+' rating, while Moody's has rated it 'Ba2'. Both classifications place the bond within the speculative-grade category, commonly known as 'junk bonds,' signifying a higher degree of credit risk compared to investment-grade securities. This implies that investors should consider the issuer's financial stability and broader economic conditions, as these ratings suggest a susceptibility to adverse changes in economic or business circumstances. |