Bond Ford Credit 0% ( XS1821814800 ) in EUR
Issuer | Ford Credit |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 14/05/2021 - Bond has expired |
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Minimal amount | 100 000 EUR |
Total amount | 600 000 000 EUR |
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. A notable bond issuance, identified by ISIN XS1821814800, successfully reached its maturity and was subsequently repaid on May 14, 2021. This debt instrument was issued by Ford Motor Credit Company, the global financial services arm and a wholly-owned subsidiary of Ford Motor Company. Operating from the United States, Ford Motor Credit Company is instrumental in supporting Ford?s automotive sales by offering a comprehensive suite of financing products and services to dealerships and customers worldwide, playing a vital role in the parent company's strategic financial ecosystem. The specific bond in question was denominated in EUR, forming part of a significant total issuance volume of EUR 600,000,000. Characterized as a zero-coupon bond, this instrument did not accrue periodic interest payments, with its value realized entirely at maturity. The minimum purchase increment for investors was EUR 100,000. Upon its maturity on May 14, 2021, the bond was redeemed at 100% of its face value, confirming the full discharge of obligations to bondholders and marking the successful completion of its lifecycle. |