Shearman And Sterling

News December 10, 2015

Shearman & Sterling Advises on Ford Motor Credit Company LLC’s A$500 Million Inaugural Australian Dollar–Denominated U.S.-Registered Public Notes Offering

Shearman & Sterling represented Australia and New Zealand Banking Group Limited, Citigroup Global Markets Limited, and Deutsche Bank AG, London Branch as joint book-running managers and DBS Bank Ltd. as co-manager in connection with Ford Motor Credit Company LLC’s offering of its A$500,000,000 aggregate principal amount of 4.05% notes due December 10, 2018.  Application has been made to list the notes on the New York Stock Exchange.  This was Ford Credit’s inaugural Australian Dollar–denominated U.S.-registered public notes offering.

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 Team