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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
F
Ford Motor Credit Co LLC€1,500
2USOA
Feb 12, 2026
currency
EUR
size (m)
750.000
maturity
May 17, 2029
type
Fixed
tenor
3.500
call
-
registration
SEC Registered
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Ba1
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
MS+130-135
ipt-pxd
-32.5
guidance
MS+100#
spread
100
coupon
3.305%
spread set
-
price
99.99800
yield
3.309%
book size (m)
2,600
peak book (m)
-
x-covered
3.47
book attrition
-
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,600
peak book (m)
-
x-covered
3.47
book attrition
-
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
currency
EUR
size (m)
750.000
maturity
Feb 17, 2033
type
Fixed
tenor
7.000
call
-
registration
SEC Registered
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Ba1
s&p
BBB-
fitch
BBB-
size description
-
re-open/tap
No
ipt
MS+180-185
ipt-pxd
-34.5
guidance
MS+150 area
spread
148
coupon
4.087%
spread set
-
price
100.00000
yield
4.087%
book size (m)
2,400
peak book (m)
-
x-covered
3.2
book attrition
-
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,400
peak book (m)
-
x-covered
3.2
book attrition
-
nic
-
billing & delivering
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2600; First Pay: 2026-05-17; Registration: SEC Registered; Comments: EUR750m 3.5yr cpn fxd 3.305% at 99.998, yld 3.309%. Spread: MS + 100bps. OBL #189 2.10% 04/2029 + 113.9bps. MWC: B + 20bps. LEI: UDSQCVRUX5BONN0VY111; Book size: 2400; First Pay: 2026-05-17; Registration: SEC Registered; Comments: EUR750m 7yr cpn fxd 4.087% at 100, yld 4.087%. Spread: MS + 148bps. DBR 02/2033 + 154. MWC: B + 25bps. LEI: UDSQCVRUX5BONN0VY111;
Deal Comments
Reoffer: Long 3yr: MS+100bp / 99.998 / 3.309% 7yr: MS+148bp / 100 / 4.087% Benchmark: Long 3yr: OBL #189 2.10% Apr-29 @ 99.785 / B+113.9bp 7yr: DBR Feb-33 @ 98.437 / B+154bp Tranche 1 (Long 3yr): Peak book in excess of €2.6bn Tranche 2 (7yr): Peak book in excess of €2.4bn Launched: Long 3yr: €750m @ MS+100bp - Books in excess of €2.6bn 7yr: €750m @ MS+148bp - Books in excess of €2.4bn Guidance: Long 3yr: MS+100bp 7yr: MS+150a IPTs: Long 3yr: MS+130/135bp 7yr: MS+180/185bp Issuer: Ford Motor Credit Company LLC Ticker: F Country: US Expected Ratings (M/S/F): Ba1/BBB-/BBB- (Moody's/S&P/Fitch) Format: SEC Registered EMTN / NYSE Listing / NY Law Ranking: Senior Unsecured Size: Long 3yr: €750m 7yr: €750m Maturity Date: Long 3yr: 17-May-29 (short first coupon) 7yr: 17-Feb-33 Coupon: Long 3yr: 3.305% Fixed; Annual; ACT/ACT (ICMA) 7yr: 4.087% Fixed; Annual; ACT/ACT (ICMA) Optional Redemption: Long 3yr: MWC = B + 20bps 7yr: MWC = B + 25bps Settlement: 17-Feb-26 (T+3) Denominations: €100k x €1k Use of Proceeds: General Corporate Purposes Active Bookrunners: Barclays (B&D), Citigroup, Crédit Agricole CIB, Lloyds, NatWest, UniCredit Selling Restrictions: See the Prospectus dated 07-Feb-24, as supplemented by the Prospectus Supplement dated 07-Feb-24 Clearing: Euroclear / Clearstream Target Market: Manufacturer target market (MIFID II and UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EEA PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or UK Sales into Canada: No Stabilization: Relevant stabilization regulations including FCA/ICMA apply LEI: UDSQCVRUX5BONN0VY111 ISIN: Long 3yr: XS3299544711 7yr: XS3299544802 Timing: Long 3yr: PRICED: TOE 15:53 UKT/ FTT Subj. to TS 7yr: PRICED: TOE 15:49 UKT/ FTT Subj. to TS
Use of Proceeds
General Corporate Purposes

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