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Newswire

Ford Motor Credit sells $1.1 bln 5-year notes

NEW YORK, May 28 (Reuters) - Ford Motor Credit, the finance arm of Ford Motor Co on Thursday sold $1.1 billion in five-year notes, said a market source familiar with the sale.

The 8.00 percent notes were priced at 82.036 to yield 13 percent.

JP Morgan, Banc of America, Barclays, Deutsche Bank and RBS were the joint lead managers on the sale. (Reporting by Caryn Trokie)