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 by Ford Credit Canada Limited (Ford Credit Canada). The floating-rate Notes will have an aggregate principal amount of $125 million and will mature on December 22, 2017.

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

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

The applicable methodologies are Rating Companies in the Automotive Manufacturing Industry and Global Methodology for Rating Finance Companies, both of which can be found on our website under Methodologies.