Ford Credit $3 billion cash tender offers
We advised Ford Credit on its cash tender offers for several tranches of notes
Davis Polk advised Ford Motor Credit Company LLC in connection with its cash tender offers for its outstanding 4.25% notes due September 2022, 3.55% notes due October 2022, 3.35% notes due November 2022, 3.087% notes due January 2023, 4.14% notes due February 2023, floating-rate notes due February 2023, 3.096% notes due May 2023, 4.375% notes due August 2023 and 3.37% notes due November 2023.
Ford Motor Credit Company LLC 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 Motor Credit Company LLC is a subsidiary of Ford Motor Company established in 1959.
The Davis Polk capital markets team included partner Michael Kaplan, counsel Stephen A. Byeff and associate Soo Kyung Chae. Partner Lucy W. Farr and associate Benjamin Helfgott provided tax advice. All members of the Davis Polk team are based in the New York office.