| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers F > Headlines for Ford Motor Co. > News item |
DBRS: Ford Credit notes BB
DBRS said it has assigned a rating of BB (high) to the $750 million of 31/2-year senior unsecured notes recently announced by Ford Motor Credit Co. LLC.
The agency said that Ford Credit's ratings remain under review with positive implications, where they were placed on May 4.
The notes have an initial settlement date of Aug. 7, with a final maturity date of Jan. 15, 2016, the agency said. The fixed coupon is 2½%.
According to DBRS, the rating reflects the ownership of the company and considers that the predominant share of Ford Credit's business consists of financing Ford Motor Co. vehicles and supporting Ford dealers.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.