DBRS Finalizes BB Rating to Ford Credit Canada New Issue

DBRS has assigned a final rating of BB with a Stable trend to the Ford Credit Canada Limited (Ford Credit Canada or the Company) issue of $550 million principal amount of 7.50% senior unsecured notes (the Notes) maturing August 18, 2015.

The Notes are unconditionally guaranteed by Ford Motor Credit Company LLC (Ford Credit), Ford Credit Canada’s parent, and rank pari passu with all other senior unsecured debt of Ford Credit Canada.

Notes:
All figures are in Canadian. dollars unless otherwise noted.

The applicable methodology is Rating Automotive, which can be found on our website under Methodologies.