Obbligazione Ford Credit 8.125% ( US345397VM25 ) in USD

Emittente Ford Credit
Prezzo di mercato 100 USD  ⇌ 
Paese  Stati Uniti
Codice isin  US345397VM25 ( in USD )
Tasso d'interesse 8.125% per anno ( pagato 2 volte l'anno)
Scadenza 15/01/2020 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Ford Motor Credit Company US345397VM25 in USD 8.125%, scaduta


Importo minimo 100 000 USD
Importo totale 1 250 000 000 USD
Cusip 345397VM2
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Descrizione dettagliata Ford Motor Credit Company è una società finanziaria sussidiaria di Ford Motor Company che fornisce finanziamenti per l'acquisto di veicoli Ford e Lincoln, nonché altri servizi finanziari correlati.

L'obbligazione, identificata dal codice ISIN US345397VM25 e CUSIP 345397VM2, emessa negli Stati Uniti dalla Ford Motor Credit Company, la divisione finanziaria di Ford Motor Company dedicata a fornire servizi di finanziamento per l'acquisto e il leasing di veicoli Ford, nonché finanziamenti ai concessionari, è giunta a scadenza ed è stata completamente rimborsata il 15 gennaio 2020. Con un tasso d'interesse fisso dell'8,125%, questa emissione, denominata in USD, aveva una dimensione totale di 1.250.000.000 dollari americani, con un taglio minimo di acquisto di 100.000 dollari, e prevedeva pagamenti semestrali, concludendo il suo ciclo con il rimborso al 100% del prezzo di mercato.







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Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-159107

Calculation of the Registration Fee












Maximum
Amount of


Aggregate
Registration
Title of Each Class of Securities Offered
Offering Price
Fee(1)

8.125% Notes due January 15, 2020
$ 500,000,000 $ 35,650










(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933, as amended.

PROSPECTUS SUPPLEMENT
(To Prospectus dated May 11, 2009)

$500,000,000
Ford Motor Credit Company LLC

8.125% Notes due 2020


The Notes will bear interest from December 14, 2009 at the rate of 8.125% per annum.
Ford Credit will pay interest on the Notes semi-annually in arrears on January 15 and July 15
of each year, beginning July 15, 2010. The Notes offered hereby are a further issuance of
the $750,000,000 aggregate principal amount of 8.125% Notes due January 15, 2020
described in Ford Credit's Prospectus Supplement dated December 7, 2009 and issued on
December 14, 2009. The Notes offered hereby will be consolidated and form a single series
with such previously issued notes and will have the same CUSIP number as the previously
issued notes.

Investing in the Notes involves risks. See "Risk Factors" on page S-1 of this
prospectus supplement and "Risk Factors" beginning on page 1 of the accompanying
prospectus.

Neither the Securities and Exchange Commission nor any state securities commission
has approved or disapproved of these securities or passed upon the adequacy or accuracy
of this prospectus supplement and the accompanying prospectus. Any representation to the
contrary is a criminal offense.










Per Note

Total

Initial public offering price
100.000% $ 500,000,000
Underwriting discounts and commissions
1.500% $ 7,500,000

Proceeds, before expenses, to Ford Credit
98.500% $ 492,500,000


The initial public offering price above does not include accrued interest. Accrued interest
on the Notes must be paid by the purchaser for the period from December 14, 2009, to the
Settlement Date (as defined below). Ford Credit expects that delivery of the Notes will be
made to investors on or about January 20, 2010 (the "Settlement Date").


BofA Merrill Lynch

Deutsche Bank Securities

Goldman, Sachs & Co.

Morgan Stanley


Prospectus Supplement dated January 14, 2010
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TABLE OF CONTENTS

Prospectus Supplement






Page
Forward-Looking Statements
S-ii
Risk Factors
S-1
Description of Notes
S-1
United States Taxation
S-2
Underwriting
S-5
Legal Opinions
S-7
Independent Registered Public Accounting Firm
S-7







Prospectus
Risk Factors

1
Where You Can Find More Information

1
Information Concerning Ford Credit

1
Ratio of Earnings to Fixed Charges

3
Use of Proceeds

3
Prospectus

3
Prospectus Supplement or Term Sheet

4
Description of Debt Securities

4
Description of Warrants
20
Plan of Distribution
22
Legal Opinions
22
Independent Registered Public Accounting Firm
22


You should rely only on the information contained or incorporated by reference in
this prospectus supplement or the accompanying prospectus. No one is authorized to
provide you with different information.

The Notes are not being offered in any jurisdiction where the offer is not permitted.

You should not assume that the information in this prospectus supplement or the
accompanying prospectus is accurate as of any date other than the date on the front
of the documents.

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FORWARD-LOOKING STATEMENTS

Statements included or incorporated by reference herein may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are based on expectations, forecasts and assumptions by our
management and involve a number of risks, uncertainties, and other factors that could cause
actual results to differ materially from those stated, including, without limitation, those set
forth in "Item 1A -- Risk Factors" and "Item 7 -- Management's Discussion of and Analysis
of Financial Condition and Results of Operations -- Risk Factors" of Ford Credit's Annual
Report on Form 10-K for the year ended December 31, 2008 (the "2008 Annual Report on
Form 10-K") and Ford Credit's Quarterly Report on Form 10-Q for the quarter ended
March 31, 2009, each incorporated herein by reference.

We cannot be certain that any expectations, forecasts or assumptions made by
management in preparing these forward-looking statements will prove accurate, or that any
projections will be realized. It is to be expected that there may be differences between
projected and actual results. Our forward-looking statements speak only as of the date of
their initial issuance, and we do not undertake any obligation to update or revise publicly any
forward-looking statements, whether as a result of new information, future events, or
otherwise.

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RISK FACTORS

Before purchasing any Notes, you should read carefully this prospectus supplement, the
accompanying prospectus and the documents incorporated by reference herein, including
the risk factors discussions in Ford Credit's 2008 Annual Report on Form 10-K and Ford
Credit's Quarterly Report on Form 10-Q for the quarter ended March 31, 2009 for risk factors
regarding Ford and Ford Credit.

DESCRIPTION OF NOTES

This description of the terms of the Notes adds information to the description of the
general terms and provisions of debt securities in the prospectus. If this summary differs in
any way from the summary in the prospectus, you should rely on this summary. The Notes
are part of the debt securities registered by Ford Credit in May 2009 to be issued on terms to
be determined at the time of sale.

The Notes offered hereby are a further issuance of the $750,000,000 aggregate principal
amount of 8.125% Notes due January 15, 2020 described in Ford Credit's Prospectus
Supplement dated December 7, 2009 and issued on December 14, 2009 (the Notes,
together with such previously issued 8.125% Notes due January 15, 2020, the "Combined
Notes"). The Combined Notes will be consolidated and form a single series and will have the
same CUSIP number. The Combined Notes are currently limited to $1,250,000,000 total
principal amount. However, Ford Credit may, from time to time, without the consent of the
holders create and issue further Combined Notes. Any additional notes will, together with the
Combined Notes, constitute a single series of notes under the Indenture. No additional
Combined Notes may be issued if an Event of Default has occurred with respect to the
Combined Notes.

The Notes will be unsecured obligations of Ford Credit and will mature on January 15,
2020. The Notes are not subject to redemption prior to maturity. The Notes will be issued in
minimum denominations of $100,000 and will be issued in integral multiples of $1,000 for
higher amounts.

The Notes will bear interest from December 14, 2009 at the rate of 8.125% per annum.
Interest on the Notes will be payable on January 15 and July 15, of each year (each such
day an "Interest Payment Date"), commencing July 15, 2010, to the persons in whose names
the Notes were registered at the close of business on the 15th day preceding the Interest
Payment Date, subject to certain exceptions.

Interest on the Notes will be computed on the basis of a 360-day year comprised of
twelve 30-day months.

Book-Entry, Delivery and Form

The Notes will be issued in the form of one or more fully registered Global Notes (the
"Global Notes") which will be deposited with, or on behalf of, The Depository Trust Company,
New York, New York (the "Depository") and registered in the name of Cede & Co., the
Depository's nominee. Notes in definitive form will not be issued, unless the Depository
notifies Ford Credit that it is unwilling or unable to continue as depository for the Global
Notes and Ford Credit fails to appoint a successor depository within 90 days or unless
otherwise determined, at Ford Credit's option. Beneficial interests in the Global Notes will be
represented through book-entry accounts of financial institutions acting on behalf of
beneficial owners as direct and indirect participants in the Depository.

Initial settlement for the Notes will be made in immediately available funds. Secondary
market trading between participants of the Depository will occur in the ordinary way in
accordance with Depository rules and will be settled in immediately available funds using the
Depository's Same-Day Funds Settlement System.

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UNITED STATES TAXATION

The following discussion of the material United States federal income tax and, in the case
of a non-United States person, estate tax consequences of the acquisition, ownership and
disposition of a Note is the opinion of Shearman & Sterling LLP, special tax counsel to Ford
Credit, and counsel for the Underwriters. It applies to you only if you are the beneficial owner
of a Note that you acquire at its original issuance at the issue price and hold the Note as a
capital asset within the meaning of section 1221 of the Internal Revenue Code of 1986, as
amended (the "Code"). This discussion does not apply to you if you are subject to special
treatment under the United States federal income tax law, such as:


· dealers in securities or currencies;


· financial institutions or life insurance companies;


· tax-exempt organizations;


· S corporations, real estate investment trusts or regulated investment companies;


· persons holding Notes as part of a hedge, straddle, conversion or other "synthetic
security" or integrated transaction;


· taxpayers subject to the alternative minimum tax;


· U.S. holders (as defined below) with a functional currency other than the United States
dollar; or


· certain United States expatriates.

The discussion is based on the Code, Treasury regulations (including temporary
regulations) promulgated thereunder, rulings, published administrative positions of the United
States Internal Revenue Service (the "IRS") and judicial decisions, all as in effect on the date
of this prospectus supplement, which are subject to change, possibly with retroactive effect,
or to different interpretations.

This discussion does not purport to address all of the United States federal income
tax consequences that may be applicable to you in light of your personal investment
circumstances or status. Prospective purchasers of Notes should consult their own
tax advisors concerning United States federal income tax consequences of acquiring,
owning and disposing of the Notes, as well as any state, local or foreign tax
consequences.

U.S. Holders

This section describes the material United States federal income tax consequences to
U.S. holders. You are a "U.S. holder" for purposes of this discussion if you are, for United
States federal income tax purposes:


· an individual who is a citizen or resident of the United States,


· a domestic corporation;


· an estate that is subject to United States federal income taxation without regard to the
source of its income, or


· a trust if (1) a court within the United States is able to exercise primary supervision over
the administration of the trust and one or more United States persons have the
authority to control all substantial decisions of the trust or (2) a valid election is in effect
under applicable Treasury regulations for the trust to be treated as a United States
person.

If a United States partnership (including for this purpose any entity treated as a
partnership for United States federal income tax purposes) is a beneficial owner of the Notes,
the treatment of a partner in the partnership generally will depend upon the status of the
partner and upon the activities of the partnership. A holder of Notes that is a partnership and
partners in such partnership should consult their tax advisors.

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Interest. Generally, a U.S. holder will include stated interest on the Notes as ordinary
income at the time it is paid or accrued in accordance with the U.S. holder's method of
accounting for United States federal income tax purposes.

Sale or Other Disposition of Notes. Upon the sale or other disposition of a Note, a
U.S. holder generally will recognize gain or loss equal to the difference between the amount
realized on the sale or other disposition, except to the extent such amount is attributable to
accrued but unpaid stated interest, and the holder's tax basis in the Note. Your tax basis in
your Note generally will be your cost of the Note.

Gain or loss so recognized will be capital gain or loss and will be long-term capital gain or
loss if your holding period in the Note exceeds one year. Long-term capital gains recognized
by non-corporate holders generally will be subject to a lower tax rate than the rate applicable
to ordinary income. The deductibility of capital losses is subject to limitations.

Non-United States Persons

This section describes the material United States federal income tax consequences to
non-United States persons. Subject to the discussion of backup withholding below:

(i) payments of principal and interest on a Note that is beneficially owned by a non-
United States person will not be subject to United States federal withholding tax;
provided, that in the case of interest, (x) (a) the beneficial owner does not actually or
constructively own 10% or more of the total combined voting power of all classes of stock
of Ford Credit entitled to vote, (b) the beneficial owner is not a controlled foreign
corporation that is related, directly or indirectly, to Ford Credit through stock ownership,
and (c) either (A) the beneficial owner of the Note certifies to the person otherwise
required to withhold United States federal income tax from such interest, under penalties
of perjury, that it is not a United States person and provides its name and address or
(B) a securities clearing organization, bank or other financial institution that holds
customers' securities in the ordinary course of its trade or business (a "financial
institution") and holds the Note certifies to the person otherwise required to withhold
United States federal income tax from such interest, under penalties of perjury, that such
statement has been received from the beneficial owner by it or by a financial institution
between it and the beneficial owner and furnishes the payor with a copy thereof; (y) the
beneficial owner is entitled to the benefits of an income tax treaty under which the
interest is exempt from United States federal withholding tax and the beneficial owner of
the Note or such owner's agent provides an IRS Form W-8BEN claiming the exemption;
or (z) the beneficial owner conducts a trade or business in the United States to which the
interest is effectively connected and the beneficial owner of the Note or such owner's
agent provides an IRS Form W-8ECI; provided that in each such case, the relevant
certification or IRS Form is delivered pursuant to applicable procedures and is properly
transmitted to the person otherwise required to withhold United States federal income
tax, and none of the persons receiving the relevant certification or IRS Form has actual
knowledge that the certification or any statement on the IRS Form is false;

(ii) a non-United States person will not be subject to United States federal income or
withholding tax on any gain realized on the sale, exchange or redemption of a Note
unless the gain is effectively connected with the beneficial owner's trade or business in
the United States or, in the case of an individual, the holder is present in the United
States for 183 days or more in the taxable year in which the sale, exchange or
redemption occurs and certain other conditions are met; and

(iii) a Note owned by an individual who at the time of death is not a citizen or resident
of the United States will not be subject to United States federal estate tax as a result of
such individual's death if the individual does not actually or constructively own 10% or
more of the total combined voting power of all classes of stock of Ford Credit entitled to
vote and the income on the Note would not have been effectively connected with a U.S.
trade or business of the individual.

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If a beneficial owner or holder of a Note is a non-United States partnership, the non-
United States partnership will be required to provide an IRS Form W-8IMY, and unless it has
entered into a withholding agreement with the IRS, to attach an appropriate certification
obtained from each of its partners.

Interest on a Note that is effectively connected with the conduct of a trade or business in
the United States by a holder of a Note who is a non-United States person, although exempt
from United States withholding tax, may be subject to United States income tax as if such
interest was earned by a United States person. In addition, if such holder is a non-United
States corporation, it may be subject to a branch profits tax at a rate of 30% (or such lower
rate provided by an applicable income tax treaty) of its annual earnings and profits that are
so effectively connected, subject to specific adjustments.

Backup Withholding and Information Reporting

In general, information reporting requirements will apply to certain payments of principal
and interest made on a Note and the proceeds of the sale of a Note within the United States
to non-corporate holders of the Notes, and "backup withholding" (currently at a rate of 28%)
will apply to such payments if the holder fails to provide an accurate taxpayer identification
number in the manner required or to report all interest and dividends required to be shown on
its federal income tax returns.

Information reporting on IRS Form 1099 and backup withholding will not apply to
payments made by Ford Credit or a paying agent to a non-United States person on a Note if,
in the case of interest, the IRS Form described in clause (y) or (z) in Paragraph (i) under
"Income and Withholding Tax" has been provided under applicable procedures, or, in the
case of interest or principal, the certification described in clause (x)(c) in Paragraph (i) under
"Income and Withholding Tax" and a certification that the beneficial owner satisfies certain
other conditions have been supplied under applicable procedures, provided that the payor
does not have actual knowledge that the certifications are incorrect.

Payments of the proceeds from the sale of a Note made to or through a foreign office of a
broker will not be subject to information reporting or backup withholding, except that if the
broker is a United States person, a controlled foreign corporation for United States tax
purposes, a foreign person 50% or more of whose gross income is effectively connected with
a United States trade or business for a specified three-year period, a foreign partnership with
specific connections to the United States, or, a United States branch of a foreign bank or
foreign insurance company, information reporting may apply to such payments. Payments of
the proceeds from the sale of a Note to or through the United States office of a broker are
subject to information reporting and backup withholding unless the holder or beneficial owner
certifies that it is a non-United States person and that it satisfies certain other conditions or
otherwise establishes an exemption from information reporting and backup withholding.

Backup withholding is not a separate tax, but is allowed as a refund or credit against the
holder's United States federal income tax, provided the necessary information is furnished to
the Internal Revenue Service.

Interest on a Note that is beneficially owned by a non-United States person will be
reported annually on IRS Form 1042-S, which must be filed with the Internal Revenue
Service and furnished to such beneficial owner.

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UNDERWRITING

Ford Credit is selling the Notes to the Underwriters named below under Underwriting
Agreements dated July 30, 2009 and September 16, 2009 and related Pricing Agreement
dated January 14, 2010. Banc of America Securities LLC, Deutsche Bank Securities Inc.,
Goldman, Sachs & Co., and Morgan Stanley & Co. Incorporated are acting as
representatives of the Underwriters. The Underwriters and the amount of Notes each has
agreed to severally purchase from Ford Credit are as follows:






Principal Amount
Underwriter

of Notes


Banc of America Securities LLC
$ 105,000,000
Deutsche Bank Securities Inc.
105,000,000
Goldman, Sachs & Co.
105,000,000
Morgan Stanley & Co. Incorporated
105,000,000
Barclays Capital Inc.

32,500,000
Citigroup Global Markets Inc.

32,500,000
Calyon Securities (USA) Inc.

15,000,000





Total
$ 500,000,000






Under the terms and conditions of the Underwriting Agreement and the related Pricing
Agreement, if the Underwriters take any of the Notes, then they are obligated to take and pay
for all of the Notes.

The Underwriters have advised Ford Credit that they propose initially to offer all or part of
the Notes directly to purchasers at the initial public offering price set forth on the cover page
of this prospectus supplement, and to certain securities dealers at such price less a
concession not in excess of 1.00% of the initial public offering price of the Notes. The
Underwriters may allow, and such dealers may reallow, a concession not in excess of 0.50%
of the initial public offering price of the Notes to certain other dealers. After the Notes are
released for sale to the public, the offering price and other selling terms with respect to the
Notes may from time to time be varied by the Underwriters.

The Notes are a new issue of securities with no established trading market. Ford Credit
has been advised by the Underwriters that they intend to make a market in the Notes, but
they are not obligated to do so and may discontinue such market-making at any time without
notice. No assurance can be given as to the liquidity of the trading market for the Notes.

In connection with the offering, the Underwriters may engage in transactions that
stabilize, maintain or otherwise affect the price of the Notes. Specifically, the Underwriters
may over-allot in connection with the offering, creating a short position with respect to the
Notes. In addition, the Underwriters may bid for, and purchase, Notes in the open market to
cover any short position or to stabilize the price of the Notes. Any of these activities may
stabilize or maintain the market price of the Notes above independent market levels. The
Underwriters are not required to engage in these activities, and may end any of these
activities at any time.

No Public Offering Outside the United States

No action has been or will be taken in any jurisdiction outside of the United States of
America that would permit a public offering of the Notes, or the possession, circulation or
distribution of this prospectus supplement or any material relating to Ford Credit, in any
jurisdiction where action for that purpose is required. Accordingly, the Notes included in this
offering may not be offered, sold or exchanged, directly or indirectly, and neither this
prospectus supplement or any other offering material or advertisements in connection with
this offering may be distributed or published, in or from any such country or jurisdiction,
except in compliance with any applicable rules or regulations of any such country or
jurisdiction.

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