DBRS Assigns BB (high) Rating to Ford Credit Canada Limited New Issue

DBRS has today assigned a rating of BB (high) with a Stable trend to the Ford Credit Canada Limited (Ford Credit Canada or the Company) issue of $450 million principal amount of 4.20% fixed-rate senior unsecured notes (the Notes) to be issued on November 14, 2011, and maturing November 14, 2013.

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 Companies in the Automotive Industry, which can be found on our website under Methodologies.