Ford's FCE Bank sells 750 mln euro 5-yr FRN-leads

Newswire

LONDON, Sept 23 (Reuters) - FCE Bank Plc, which supports the sale of Ford vehicles in Europe, on Thursday sold a 750 million euro five-year floating-rate note, the banks managing the sale said. The note, due Sept. 30, 2009, was priced at 99.534 percent of face value and pays a coupon of three-month Euribor plus 100 basis points. FCE Bank is a wholly owned subsidiary of Ford Motor Co. through Ford Motor Credit International Inc. ABN AMRO, BNP Paribas and Calyon are managing the sale. ...

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