Ford Credit sets yields on $1 bln two part sale


NEW YORK, Oct 26 (Reuters) - Ford Motor Credit, the financing arm of Ford Motor Co. , is expected to pay yields of 4.375 percentage points over U.S. Treasuries on $500 million of five-year notes, said joint lead manager Deutsche Bank Securities. A $500 million portion of two-year floating-rate notes are expected to have a coupon rate of 3.00 percentage points over the three-month London interbank offered rate. The sale is expected to be priced later on Wednesday. The other joint lead ...

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