Shearman & Sterling represented Deutsche Bank Securities, Goldman, Sachs & Co., Morgan Stanley and RBS, as representatives of the underwriters in connection with Ford Motor Credit Company LLC's public offering of $1.75 billion in 7.50% Notes due August 1, 2012 sold at a deep discount. Ford Credit is the financing arm of Ford Motor Company, and proceeds from the current sale will go towards its general corporate purposes, including the retirement of indebtedness.

The Shearman & Sterling team advising the underwriters included partners Lisa Jacobs (New York-Capital Markets) and Peter Blessing (New York-Tax); counsel Ansgar Simon (New York-Tax); associates Corey Reis (New York-Capital Markets), Christine Kim (New York-Capital Markets) and Peter Saad (New York-Capital Markets); and legal assistant Kristi-Anne Nadvornik (New York-Capital Markets).