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Published on 3/5/2018 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

DBRS rates Ford Motor Credit notes BBB

DBRS said it assigned a rating of BBB to the $500 million 3.47% senior notes due April 5, 2021 and the $250 million floating-rate senior notes due April 5, 2021 issued by Ford Motor Credit Co. LLC.

The trend on all of the notes is stable.

“The rating reflects the ownership of the company and considers that the predominant share of FMCC’s business consists of financing Ford Motor Company (Ford or the parent) vehicles and supporting Ford dealers,” DBRS said in a news release.


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