NEW YORK (Standard&Poor's) March 15, 2012--Standard&Poor's Ratings Services said today that it has assigned its 'BBB' issue-level rating to Ford Motor Co.'s $9.3 billion revolving credit facilities consisting of about $300 million due Nov. 2013 and $9.0 billion due November 2015. At the same time, we assigned our recovery rating of '1' on both revolving credit facilities, indicating our expectation that lenders would receive very high (90% to 100%) recovery in the event of a payment default. The facilities replace Ford's existing revolving credit facilities. The credit facilities are guaranteed by Ford's principal U.S. subsidiaries and secured by a lien on substantially all personal property owned by Ford and the guarantors. The BB+/Stable/-- corporate credit rating
