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News Mar 03, 2015

Shearman & Sterling Advises Underwriters in Ford Motor Credit Company’s $2.0 Billion Notes Offering

Shearman & Sterling represented Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC and RBC Capital Markets, LLC as joint book-running managers and Banco Bradesco BBI S.A., BB Securities Limited, Lloyds Securities Inc., Mizuho Securities USA Inc. and SG Americas Securities, LLC as co-managers in connection with Ford Motor Credit Company LLC’s offering of $500,000,000 aggregate principal amount of its Floating Rate Notes due January 9, 2018, $750,000,000 aggregate principal amount of 2.145% Notes due January 9, 2018 and $750,000,000 aggregate principal amount of 3.219% Notes due January 9, 2022.

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) and Douglas McFadyen (New York-Tax) and associates Lesley Janzen (New York-Capital Markets) and Robert Giannattasio (New York-Corporate).