Ford Motor Credit Company LLC, founded in 1959 and headquartered in Dearborn, Michigan, serves as the financial services arm of Ford Motor Company, providing automotive financing solutions to support vehicle sales and leasing. The company offers a range of services, including retail credit, commercial finance, and vehicle financing programs to support dealerships and customers alike.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ford Motor Credit began issuing bonds in the early 1980s as a means to raise capital for automotive lending. Notably, in 2020, the company issued a significant $1 billion bond due in 2025 to bolster liquidity amid the pandemic's impact on the auto industry. Currently, its bond yields are competitive within the automotive financing sector, often reflecting a favorable rating due to its strong backing from Ford Motor Company. Recent news includes plans to diversify their bond offerings to attract more retail investors while maintaining robust financial stability.