DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Credit Company LLC today announced that on Nov. 20, 2016 (the “Redemption Date”), it intends to redeem all of its outstanding 7½% Continuously Offered Bonds for Retail Accounts due August 20, 2032 (CUSIP No. 34539CCS9) (NYSE: "F/32") (the “Notes”).
The redemption price for the Notes will be equal to 100% of the principal amount of such Notes outstanding, plus accrued and unpaid interest thereon to Nov. 20, 2016 (the “Redemption Price”).
The Bank of New York Mellon is the trustee for the Notes and will act as the redemption agent for this transaction. The Bank of New York Mellon’s address is P.O. Box 396, Attn: Debt Processing Unit (ACT), East Syracuse, NY 13057.
The Notes will become due and payable, at the Redemption Price, upon presentation and surrender of the Notes, on or after the Redemption Date at the office of the Trustee. Because Nov. 20, 2016 is not a business day, the redemption will occur on the next business day, Nov. 21, 2016.
The Notes were originally issued on August 7, 2002, in the aggregate principal amount of $7,951,000, of which $7,738,000 in principal amount remains outstanding.
Holders of Notes with questions regarding the details of the redemption may call The Bank of New York Mellon Bondholder Relations Department at 1.800.254.2826.
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About Ford Motor Credit Company
Ford Motor Credit Company is a leading automotive financial services company. It provides dealer and customer financing to support the sale of Ford Motor Company products around the world, including through Lincoln Automotive Financial Services in the United States, Canada and China. Ford Credit is a subsidiary of Ford established in 1959. For more information, visit www.fordcredit.com or www.lincolnafs.com.