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 (FMCC), a wholly-owned financial services subsidiary of Ford Motor Company that provides critical financing to dealerships and consumers globally, previously issued a U.S.-denominated bond, identified by ISIN US345397VX89 and CUSIP 345397VX8, which totaled USD 1,000,000,000 in size with a minimum purchase requirement of USD 200,000, bearing an annual interest rate of 4.25% payable semi-annually, and notably reached its scheduled maturity on February 3, 2017, at which point it was fully repaid to investors after having traded at 100% of its face value and held investment-grade credit ratings of BBB from Standard & Poor's and Baa2 from Moody's during its tenure.
|