Bond Ford Credit 3.75% ( US34540TVQ20 ) in USD
Issuer | Ford Credit |
Market price | 100 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 3.75% per year ( payment 2 times a year) |
Maturity | 20/11/2023 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 13 400 000 USD |
Cusip | 34540TVQ2 |
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 overview of a recently matured debt instrument reveals key details concerning a bond (ISIN: US34540TVQ20, CUSIP: 34540TVQ2) issued by Ford Motor Credit Company, the dedicated financial services subsidiary of the global automotive giant Ford Motor Company, which primarily facilitates vehicle financing and leasing for consumers and dealerships. This U.S.-issued obligation, denominated in USD, carried a fixed annual interest rate of 3.75%, with interest payments distributed semi-annually. The total principal amount of the issuance was 13,400,000 USD, with a minimum purchasable denomination of 1,000 USD. Having reached its scheduled maturity date on November 20, 2023, the bond was successfully redeemed at its par value, as evidenced by its 100% market price at the time of repayment, signifying a complete and orderly conclusion to its lifecycle. |