Transaction|December 22, 2014
Ford Credit Canada Limited completes private placement of C$200 million senior notes
Torys acted as counsel to CIBC World Markets as agent with a team that included Philip Mohtadi and Rory McGillis.
On December 22, 2014, Ford Credit Canada Limited (Ford Credit Canada) closed its private placement of C$200 million of floating rate senior notes due 2017, guaranteed by Ford Motor Credit Company LLC. The notes will pay interest quarterly on March 22, June 22, September 22 and December 22 of each year beginning March 22, 2015 and will mature on December 22, 2017.
CIBC World Markets Inc. served as agent.
Ford Credit Canada Limited is a wholly-owned, indirect subsidiary of Ford Motor Credit Company LLC and provides automotive financing services in Canada.