Shearman & Sterling represented Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Mizuho Securities USA Inc., RBC Capital Markets, LLC and SMBC Nikko Securities America, Inc. as joint book-running managers and BB Securities Ltd. and UniCredit Capital Markets LLC as co-managers in connection with Ford Motor Credit Company LLC’s offering of its $1 billion aggregate principal amount of floating rate notes due January 9, 2020, $1.25 billion aggregate principal amount of 2.681% notes due January 9, 2020 and $750 million aggregate principal amount of 3.810% notes due January 9, 2024.

Ford Motor Credit Company is an indirect, wholly owned subsidiary of Ford Motor Company, one of the world’s largest producers of cars and trucks. Ford Credit offers a wide variety of automotive financing products to and through automotive dealers throughout the world. The predominant share of Ford Credit’s business consists of financing Ford vehicles and supporting Ford’s dealers.

The net proceeds from the sale of the securities will be added to the general funds of Ford Credit and will be available for the purchase of receivables, for loans and for use in connection with the retirement of debt.

The Shearman & Sterling team was led by partner Lisa Jacobs and associate Robert Giannattasio (both New York-Capital Markets). Other Shearman & Sterling lawyers involved in the transaction were partners Douglas McFadyen (New York-Tax) and Thomas Donegan (London-Financial Industry Advisory & Financial Regulatory); and associates Adam Sternberg (New York-Tax) and Erika Khalek (New York-Corporate).