Shearman And Sterling

News June 16, 2015

Shearman & Sterling Advises Underwriters in Ford Motor Credit Company’s $1.5 Billion Notes Offering

Shearman & Sterling represented Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., Lloyds Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and SG Americas Securities, LLC as joint bookrunning managers in connection with Ford Motor Credit Company LLC’s offering of $500,000,000 aggregate principal amount of Floating Rate Notes due June 15, 2018 and $1,000,000,000 aggregate principal amount of 2.24% Notes due June 15, 2018.

Ford Motor Credit Company is an indirect, wholly owned subsidiary of Ford Motor Company, one of the world’s largest producers of cars and trucks. Ford Credit offers a wide variety of automotive financing products to and through automotive dealers throughout the world. The predominant share of Ford Credit’s business consists of financing Ford vehicles and supporting Ford’s dealers.

The net proceeds from the sale of the securities will be added to the general funds of Ford Credit and will be available for the purchase of receivables, for loans and for use in connection with the retirement of debt.

The following Shearman & Sterling lawyers advised the underwriters in the transaction: partners Lisa Jacobs (New York-Capital Markets), Robert Evans (New York-Capital Markets), and Douglas McFadyen (New York-Tax) and associates Jon Shields (New York-Capital Markets), Robert Giannattasio (New York-Corporate) and Judy Fisher (New York-Tax).