Transaction|August 8, 2014
Ford Credit Canada Limited completes private placement of C$295 million senior notes
Torys acted as counsel to TD Securities as agent with a team that included Philip Mohtadi and Rory McGillis.
On August 8, 2014, Ford Credit Canada Limited (Ford Credit Canada) closed its private placement of C$295 million of 2.10% senior notes due 2016, guaranteed by Ford Motor Credit Company LLC. The notes will pay interest semi-annually on June 1 and December 1 of each year beginning December 1, 2014 and will mature on December 1, 2016.
TD Securities 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.