DBRS Assigns BBB (low) Rating to Ford Credit Canada New Issue

DBRS Limited (DBRS) has today assigned a rating of BBB (low) with a Stable trend to the Senior Unsecured Notes (the Notes) to be issued on December 22, 2014, by Ford Credit Canada Limited (Ford Credit Canada). The floating-rate Notes will have an aggregate principal amount of $200 million and will mature on December 22, 2017.

The Notes are to be unconditionally guaranteed by Ford Motor Credit Company LLC, Ford Credit Canada’s parent, and will rank pari passu with all other unsecured and unsubordinated debt of Ford Credit Canada.

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

The applicable methodology is Rating Companies in the Automotive Manufacturing Industry, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.