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Prospect News home > News index > List of issuers F > Headlines for Ford Motor Co. > News item
Published on 7/29/2010 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

DBRS rates Ford Credit notes B

DBRS said it assigned its B (high) rating to the $1.25 billion of 6.625% fixed-rate notes due 2017 issued by Ford Motor Credit Co. LLC.

The trend is positive.

The notes will pay interest semiannually and mature on Aug. 15, 2017, the agency said.

DBRS said that the rating reflects the ownership of the company and considers that the predominant share of its business consists of financing Ford Motor Co. vehicles and supporting Ford dealers.


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