Ford Motor Credit issues $250M in notes due 2031

EditorAhmed Abdulazez Abdulkadir
Published 20/12/2024, 18:06
Ford Motor Credit issues $250M in notes due 2031
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Ford Motor Credit Company LLC, the financial services arm of Ford Motor Company (NYSE:F), has issued an additional $250 million in aggregate principal amount of 6.054% notes due November 5, 2031, as reported on Friday, December 20, 2024. This issuance is a continuation of the notes first offered on November 5, 2024, under a prospectus supplement dated October 31, 2024, and forms part of the company’s existing Euro Medium-Term Notes program.

The new notes were registered under the company’s effective registration statement previously filed with the Securities and Exchange Commission (SEC). According to the filing, the notes were sold pursuant to the company’s registration statement on Form S-3 (Registration Statement No. 333-276916).

The legal opinion regarding the issuance, provided by David J. Witten, an attorney for Ford Motor Credit, has been included in the filing as an exhibit, ensuring the legality of the notes. The exhibits filed with the SEC report are incorporated by reference into the registration statement governing the notes.

Ford Motor Credit Company LLC has been active in raising capital through the issuance of debt securities, and this latest transaction continues its practice of financing through the capital markets. The notes due in 2031 add to the company’s diverse portfolio of debt instruments with varying maturities listed on the New York Stock Exchange.

Investors and market observers can find further details about the notes and the associated legal opinion in the exhibits attached to the 8-K filing with the SEC. The information is based on the press release statement from Ford Motor Credit Company LLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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