DBRS Assigns Provisional BB Rating to Ford Credit Canada New Issue
DBRS has assigned a provisional rating of BB with a Stable trend to the Ford Credit Canada Limited (Ford Credit Canada or the Company) planned issue of unsecured and unsubordinated notes due August 2015 (Notes).
The Notes are to be unconditionally guaranteed by Ford Motor Credit Company LLC (Ford Credit), Ford Credit Canada’s parent, and will rank pari passu with all other senior unsecured debt of the Company.
Notes:
The applicable methodology is Rating Automotive, which can be found on our website under Methodologies.
This is a Corporate (Industrials) rating.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.