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Ford Motor Credit Company LLC, a subsidiary of Ford Motor Company (NYSE:F), has successfully issued €750 million in aggregate principal amount of 4.066% Notes due August 21, 2030.
The notes were sold on Thursday, under the company’s existing shelf registration statement previously filed with the U.S. Securities and Exchange Commission (SEC).
The legal opinion regarding the issuance of the notes was provided by David J. Witten, an Attorney for the company, which is included as an exhibit in the SEC filing. The notes have been registered pursuant to the company’s effective registration statement on Form S-3 (Registration Statement No. 333-276916).
The new debt instruments are part of Ford Motor Credit’s Euro Medium-Term Notes program. These notes are expected to be listed on the New York Stock Exchange under various trading symbols, including "F/25K" for the 4.535% Notes due March 6, 2025, and "F/30A" for the 5.780% Notes due April 30, 2030, among others.
The proceeds from the note issuance are not specified in the filing. However, companies typically use such capital for general corporate purposes, which may include refinancing existing debt, funding capital expenditures, or supporting operational activities.
This financial move comes as part of Ford Motor Credit’s broader strategy to manage its long-term debt profile. The company’s business address is One American Road, Dearborn, Michigan, and the firm operates under the jurisdiction of Delaware.
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