Ford Credit Launches Retail Notes Program

DEARBORN, Mich., May 13, 2011 /PRNewswire/ --

• Ford Motor Credit Company is launching Ford Credit Notes, a program targeted to retail investors that offers Ford Credit senior unsecured notes on a recurring basis.

• Ford Credit Notes will be offered to investors through broker-dealers and registered investment advisers.

• Ford Credit Notes will be issued in denominations of $1,000 with maturities ranging from nine months to 30 years.

Ford Motor Credit Company today announced the launch of Ford Credit Notes, a program targeted to retail investors that is designed to offer senior unsecured Ford Credit notes through broker-dealers and registered investment advisers. The notes will be available on a recurring basis, potentially as soon as May 16, 2011.

Ford Credit Notes are senior unsecured obligations of Ford Credit with maturities that may range from nine months to 30 years. The notes will be issued in denominations of $1,000 and return the full principal amount (par) on a stated maturity date unless earlier redeemed or repaid in accordance with the terms of the notes. Subject to certain conditions, the notes also will be repayable upon request prior to maturity following the death of the beneficial owner of the notes.  

Incapital will serve as purchasing agent for the program and oversee distribution of the Ford Credit Notes.

Ford Credit has filed a registration statement (including a prospectus and prospectus supplement) with the Securities and Exchange Commission (SEC) for the offering of the Ford Credit Notes. Before investing, investors should read the prospectus and prospectus supplement in that registration statement and other documents Ford Credit has filed with the SEC for more complete information about Ford Credit and this offering. Investors may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Ford Credit, any agent or any dealer participating in the offering will arrange to send the prospectus and prospectus supplement if investors request it by calling toll-free 1-800-289-6689.

About Ford Motor Credit Company
Ford Motor Credit Company LLC has provided dealer and customer financing to support the sale of Ford Motor Company products since 1959. Ford Credit is an indirect, wholly owned subsidiary of Ford. For more information, visit www.fordcredit.com.

SOURCE Ford Motor Credit Company