Ford Motor Co. Senior Unsecured Revolving Credit Facility Rated 'BBB-' - S&P Global Ratings’ Credit Research

Ford Motor Co. Senior Unsecured Revolving Credit Facility Rated 'BBB-'

Ford Motor Co. Senior Unsecured Revolving Credit Facility Rated 'BBB-' - S&P Global Ratings’ Credit Research
Ford Motor Co. Senior Unsecured Revolving Credit Facility Rated 'BBB-'
Published May 05, 2014
1059 words — Published May 05, 2014
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Abstract:

NEW YORK (Standard&Poor's) May 5, 2014--Standard&Poor's Ratings Services today assigned its 'BBB-' issue-level rating to Dearborn, Mich.-based Ford Motor Co.'s (Ford's) approximately $12.2 billion senior unsecured revolving credit facility. The facility comprises commitments of about $3 billion maturing in 2017 and about $9 billion maturing in 2019. Of the total commitments, $2 billion will be available to Ford Motor Credit Co. on an irrevocable and exclusive basis to support its liquidity. The revolver replaces a $10.7 billion revolving credit facility. The rating on Ford reflects our "satisfactory" business risk profile and "intermediate" financial risk profile assessments. Key credit factors considered include Ford's good position in the growing North America market (particularly in the light truck segment),

  
Brief Excerpt:

RESEARCH Ford Motor Co. Senior Unsecured Revolving Credit Facility Rated '###-' Publication date: 05-May-2014 Primary Credit Analyst: Dan Picciotto, CFA, New York (1) 212-438-7894; dan.picciotto@standardandpoors.com Secondary Contact:...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Ford Motor Co. Senior Unsecured Revolving Credit Facility Rated 'BBB-'" May 05, 2014. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ford-Motor-Co-Senior-Unsecured-Revolving-Credit-Facility-Rated-BBB-1309947>
  
APA:
S&P Global Ratings’ Credit Research. (). Ford Motor Co. Senior Unsecured Revolving Credit Facility Rated 'BBB-' May 05, 2014. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ford-Motor-Co-Senior-Unsecured-Revolving-Credit-Facility-Rated-BBB-1309947>
  
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