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Prospect News home > News index > List of issuers Tenders > Headlines for 2010 > News item
Published on 12/7/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Ford Motor Credit to redeem its $750 million 7 3/8% notes due 2031

By Melissa Kory

Cleveland, Dec. 7 - Ford Motor Credit Co. LLC announced that it will redeem its outstanding $750 million of 7 3/8% notes due Oct. 15, 2031.

The notes will be redeemed on Dec. 23 at par, plus accrued interest to the redemption date.

Bank of New York Mellon is the redemption agent.

Ford Motor Credit is the finance arm of Dearborn, Mich.-based automaker Ford Motor Co.


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