Skip navigation
Newswire

Ford Credit offers guidance on $1 bln note sale

NEW YORK, Sept 21 (Reuters) - Ford Motor Credit Co., the finance arm of Ford Motor Co. , plans to sell $1 billion of three-year notes to yield somewhere around 0.83 percentage point over three-month London interbank offered rate, a joint lead manager on the deal said.

The transaction, expected to be priced on Tuesday, is being led by Goldman Sachs, HSBC Securities, and J.P. Morgan.